I have studied rallies of ETH betas in crypto history. They often took 50-70 days at bottom zone. #OP #APT #LDO
Now I think the chosen one is #ETHFI
10$
Bullrun is when liquidation cascade hit billions of dollars.
At the peak of 2021, It's about 6B$ Long liquidation in one candle.
Pro-Tip:
There will be Sale-off in future (Weeks or months).
A liquidation cascade about 500M-700M$ Long Positions is the sign to you to start shopping.
CME ETH at 3420- BTC at 65640
2 weekend days to watch and take action at midnight of Sunday
Spot Ethereum ETF projected to launch by July 2nd
News was released at exactly neckline support. Let's see how it works.
Next plan #BTC #ETH
Weekend consolidation
Possibly testing EMA25 4hourly
=> Short at retest points (Orange line)
The main move still has not came yet.
Spot Ethereum ETF projected to launch by July 2nd
Time to pay attention in Ethereum family.
In Summer 2020 with 4th Halving, BTC almost moved in a big range 8k-12k.
The max pain that time was there were 3 times of Long liquidation cascades before a real bullrun started from 10k to 60k.
To hit billions of liquidation, It must be in bullrun with mass of new retailers joining market.
Trading below ATH is not called BULLRUN.
Above 66666, funding turned positive
Below 66666, funding turned negative.
The range already took 100 days. Bulls Bears could not take over other.
To break this range, market has to print a HUGE FAKEOUT first ( Long wick in High time frame)
many coins like #1000SHIBA showing a clear descending triangle in high time frame.
The most difficult part is Keep your conviction in the the grinding yellow zone.
The main move still has not came yet.
#KNC market marker has been sleeping since 2022.
One question: is it time to awake ?