ETH, fake pump??

This will be a fast analysis, trying to put some sense in eth buyer's mind.
Since yesterday, eth price is increasing significantly..
https://i.imgsafe.org/ffee1b3fd0.gif
https://i.imgsafe.org/ff9bfdba26.png

As you can see, i've bought some ETH at 0.0165, simple because the "bears"(i'll explain that in my next post, but bear= sellers) were rejected in a strong suport zone and after that bullish candle it was clearly a buy.

And that's my point, it WAS a buy... be careful buying it now.

Why?

Chart still looks good to buy(still no confirmations of a reversal), BUT, we can't forget about the fundamentals... DAO is dead.

what will happen to DAO tokens now?

they will be returned to eth in a 100:1 rate and all that ETH is coming back to the market. Remember, when DAO started the ICO, ETH was heavily pumped and now we might see the opposite(supply x demand).

Best regards,
SteemitDude.