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@Rose | Mama of Rose Family | Owner of Rose Channel | @CryptoRoseChannel
Dogs are faded since the dead of Tobosu.
A new era is from Frogs
#PEPE #BOME #TURBO
Never underestimate structures forming in high time frame
#JASMY
#ETH
In 2020, ETH moved around 380$ +/- 20% within 90 days before a bullrun at lately 2020.
Following the fractal, ETH can move around 3800$ +/- 10-15% before a bullrun at Q4.
In 2020 Distribution period lasted 30 days before a big downside move.
In 2023 Distrubution period lasted 50 days before a big downside move.
Meme suffered hard today
While few shitcoins pumped with low liquidity
Interesting Fact:
2020: Bitcoin took 11 weeks of consolidation below 60k and failed to break up 60k in the end.
2024: Bitcoin took 11 weeks of consolidation above 60k and failed to break down 60k till now.
Price went up from 58k to 72k, which is supposed as first big move in this summer.
It's expected market continues forming a distribution before next downside big move.
The flourish of Ethereum onchain is coming back after the ETH ETF approval.
Eyes in narratives: Liquid Staking, Restaking
Market Spotlight is still at Ethereum & Ethereum family in these days.
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