mwinmill

Macro charts look bad but Crypto looks worse

Short
COINBASE:ETHUSD   Ethereum
Lots of people are expecting a dramatic crypto recovery soon, but crypto has shown so much overall weakness over the past year, with little signs of strength. Ethereum seems to be playing out a fractal of the previous trend. Assuming this plays out, Ethereum is close to final capitulation. How low it will go and how long the recovery will be - no one knows.

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