It looks like a capitulation on the Robinhood Chain.
Even @vladtenev held an AMA to answer questions. Here’s what he said in response to criticism about the lack of mention of @RobinhoodCrypto at the Hood Summit:
Honest feedback. There were many topics to discuss at the summit, but Robinhood Chain is a top priority for us. We’re not going anywhere. Early builders are important to us. We’ll be sharing more soon.
ETH broke out of consolidation.
The key level was $2,661.
Reuters’ technical analysis points to ~$3,050 as the next target for the bull-flag setup.
Now I'm watching:
• Volume
• Momentum
• Whether $2,661 holds
The breakout is interesting. Confirmation matters more.
BTC back above $86K.
Interesting part: crypto is moving with the AI/tech rally again.
Risk appetite is back.
Now I'm watching whether this is a real trend shift or just another short squeeze.
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