Shakeout before end of the year then take out the highs and consolidate at new level until new bull market
But Chainlink is the Apple of Web3. The industry standard powering all of Decentralized Finance
As tokenised bank deposits become a thing and JPM creates farms for sophisticated dex traders
As tokenised bank deposits become a thing and JPM creates farms for sophisticated dex traders
There has not been a single short-squeeze last year. The highs at $2k briefly got tapped but I am waiting for revisit of level where Luna crash happened
Typical echo bubble behaviour, also called the disbelief part of the cycle
Echobubble is going strong and everything is going up. The solana playbook is being applied to aptos
Echo bubble to 3k then back to 1k somewhere end of the year. After the last hands have capitulated it is time for $10k ETH
Huge stack of magic is unlocking on the 24th, probably a lot of dumping beforehand but will be bought up like sweet bread just like the last time a year ago. Smolverse and Beacon are launching
Might feel like the bull market is back but equities are slamming into resistance and the worst of bankruptcy are not over yet. Too many people still believing
This crash started as a result of the war in Ukraine. Next leg down comes after reality has set in market realises we are in a recession.
CPI came in lower than expected however the central bank is still tightening monetary policy. There is still unknown contagion effects from FTX bankruptcy. This spike is a good opportunity to take on a short
The biggest fraud in crypto just blew up and ETH is only down 25%? There is no way this does not have huge contagion effects to the rest of the market. Rumors about Gensis have been spreading, just like 3AC after the Luna crash.. it took a month for the market to catch up.
The entire way down everybody has been yelling "pivot, pivot!". Once the last ones standing blow up nobody will pay attention anymore to when the FED is actually easing monetary policy
Long then short, August and September usually red months - October time to breath. December and January bad months. Quantitative Tightening still in progress.
Buy for $2.50 in 2023 and sell for $500 in 2026. Good luck anon, don't fumble the bag.
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
Ethereum classic. I fumbled on this trade by not doubling down. Either way I still caught one of the best 24h performers