4th of May was the FOMC pump right before the Luna blowup. This was the last time the majority was bullish, unfortunately when we revisit this area will also be where everybody will turn bullish again after selling eth at $1k and $17k
Coming to a neighbourhood near you. The credit crunch has been priced in. ETH merge hype will quickly be sussed by the FED doubling the rate of QT in September. Have fun longing until the merge and fading the top buyers
Tree tap targetting into the range high. FOMC on the 14th of June so wonder how high we will get until around that time. Oil is also pumping towards new highs and only $30 away from ATH. When oil spikes monetary policy makers WILL have to take swift action
You could say we are entering a period of stagflation similar to the seventies. Foreign countries had started to pull back their gold to protect themselves against inflation while the US was financing the failed war in Vietnam. After the Nixon Shock, gold skyrocketed 12x and we entered a system of free floating currencies. From the ashes of the twin oil crsis of...
We are here, where altcoins fled to safety into Bitcoin during the last exit rally. Bitcoin went up but altcoins stayed flat. After that altcoins went into straight death. This time all the altcoins are denominated in ETH on the Ethereum chain