@TedPillows I whole heartedly agree the sentiment with this current presidency, but you’ve made a crazy amount from crypto both up and down to have that perspective….
@0xReflection Yes
Is Tom Lee insane saying $120k?... 100%, but ETH is probably the long term winner of the fintech adoption of crypto tech.
Predict $8-12k top before quantum fear drawdown. They solve that, and could see $40k peak and a neutral volatility outlook
@Cointelegraph Yet it is clearly the most manipulated asset I have ever seen outside of pump and dump meme stocks / coins. Unreal. People still want lower...
@coinbureau Yet somehow ETH dumped WAY harder than BTC and hit an ATL on RSI, yet it can't reclaim 30 RSI on the daily as an actual revenue generating chain? Insane...
@Jeremybtc They are just upset about the framework of the Clarity Act not being in their favor. Once that passes, they are going to be the biggest long term buyers scooping the bottom
@Malmissile13@TedPillows Agree, sadly… I figured this zone would be the bottom for ETH, but now looking closer to the $1.1-1.3 range
Funny part is, last time war escalated crypto went up which was shocking
@BMNRTracker Every amateur analyst said this would be the bottom, and sadly people still aren't sure if it is, yet they buy the top of every channel it seems...
@TedPillows Everyone guessing what will cause the next market crash and no one is talking about how much liquidity is being sucked into perps/ leverage ETFs instead of spot.
This is exactly what is happening in India and why Jane Street manipulated it so easily
@TedPillows Yeah... Very fragile. If this war ends, expect a surge regardless though.
That said, when the dust settles and legislation takes a break, could be a downdraw going into late summer
@BTCBreadMan That’s what I am saying… Markets roaring around us but “bottom not in” is only going to kill crypto long term. Needs to capitulate and rubber band ASAP