Grayscale sold 9% of their ETH in 2 days.
Logically it should take 2 weeks to see next midterm bottom.
Same as Mt Gox customers actions.
#BTC
TA:
- Price has rejected major trendline at 68k
- Price has lost MA128 daily at 65k
FA & Catalyst:
- Mt Gox released Bitcoin which hold since 2013. Users received Bitcoin and will sell. This is obvious.
A scenario to see capitulation across the board before a real bullrun starts.
There is a chance to see price to touch dower trendline at 50k again.
In every cycles, 550-600 days from The bottom of bear market is a interesting time.
Читать полностью…Top list should outperform Bitcoin & others when market back to green mode:
1- #SOL - a version of BTC & ETH when they were young.
More wild, more gain
2 - #BONK - New leader of meme
3 - #EDU - This is CZ coin. Imagine when CZ comes back.
4- #OM New leader of RWA
5- #TIA dropped 80% from the top. The vibe of DOT summer 21
6 - #ZRO a new horse
Next month, for the first time since Oct 2020, the world will officially enter net easing. In time, a fresh avalanche of money printing will follow.
Читать полностью…It's programmed to their coins BTC ETH to be released at the same time yesterday.
What would you do with thousands percentage profit ?
- Mt Gox officially released bitcoin to their customers holding since 2013.
- Ethereum ETF started trading and Grayscale started dumping their ETHs.
Both created for a red day.
A question is this red day is just beginning for bears or just a beartrap ?
Projects like #TIA #SEI #SUI were so hyped in lately 23- early 24.
Already down 80%.
Now It's time to them to get hyped again
down 84% already
below 100M$ marketcap
huge unlock today but no effect on price
#XAI Bullish
- Big ETF Flows could not move market.
- Germany Gov Selling could not move market.
- ETH ETF news could not move market.
So which one can print a big move for market ?
I think It's CPI news at 11th ( in 2 days)
Germany Government selling pressure is redundant in this zone.
There is no effect on price.
We just witnessed one of largest liquidation cascades 2 days ago.
That's called a big move.
Normally after big moves market might continue moving in chop zone before continuing next big moves.
Data says 30 days in chopzone ahead