You can’t be long-term bullish on #Bitcoin while expecting worse drawdowns and diminishing % returns every single ""cycle"". To the short-term doomers / long-term bulls out there: pick a struggle. 🤷♂️
Son feministas hasta que Bad Bunny les baila pegado.
Son socialistas hasta que descubren lo cómoda que es volar en primera clase.
Son ecologistas hasta que toca un fin de semana en yate o un vuelo a las Maldivas.
Son tolerantes hasta que se enteran de que votas a la derecha.
Son pacifistas hasta que alguien discrepa de ellos.
Son partidarios de la libertad de expresión hasta que escuchan algo que no les gusta.
Son antielitistas hasta que los invitan a un reservado VIP.
Son ciudadanos del mundo hasta que les toca tenerlos de vecino.
Son partidarios de repartir la riqueza hasta que les toca repartir la suya.
I took this picture when I landed in Spain on Monday.
This is human behaviour
Both escalators were going up… yet everyone used the one of the right…
This is why Elliott Wave Theory works…
It’s human behaviour… and it’ll never change.
I’ve truly been thru hell and back with $ETH
Even tho I know I can handle it, this pain feels unbearable
I haven’t felt this combination of worry, anxiety, stress, hope, and excitement about $ETH in a long time
I sacrificed EVERYTHING in my life to build the position I’ve built. I never expected I’d have to do it all over again
Selling even a little bit at today’s price is simply not an option
I don’t diversify. I’m all in x100. I truly do live everything I say on here
When this market finally turns around, I know all the sacrifices I’ve made will be worth it
I know what I hold. I know I’m sitting on a goldmine
I have never seen so many people capitulating out of $ETH or crypto.
Some are writing blogs and essays explaining why it failed, mainly naming how other chains won the race, measured by fees taken in.
Some of my thoughts, in these hard times:
Time will tell, but I think many people are mistaken in treating $ETH like an end-stage $AMZN, as if the main question is already about mature margins, fees, and cash flows.
In reality, Ethereum is still very much earlier in its economies-of-scale phase, with nearly all metrics in the top right corner and growing at mid double digits to tripple.
Furthermore, most of the market is focused on the wrong battle: who can become the fastest and cheapest payment processor.
Lower fees, higher throughput, faster settlement. But that is likely a race to commoditization, similar to the payment processors crash over the last years.
If the only value proposition is speed and cost, then the moat gets thinner over time, easy disruptable. Someone can always be faster. Someone can always subsidize fees lower. Someone can always optimize one narrow use case.
The real value may not be in the transaction fee itself.
The real value is likely in the amount of economic activity secured by the network, the credibility of that security, the neutrality of the base layer, and the difficulty of replacing it once enough assets, applications, institutions, and users depend on it.
That is where Ethereum seems different to me and why so many institutions are choosing $ETH.
Most other projects still feel replaceable. They may have better performance in one area, better UX in another, or lower fees in the short term. But if their advantage is mainly technical efficiency, that advantage can be copied, competed away, or made irrelevant.
The newest hottest thing today is replacing the hottest thing from last quarter.
Ethereum’s bet appears to be much larger: become the most secure, decentralized, credibly neutral settlement layer for the internet economy.
Not the cheapest rail.
The hardest rail to replace.
In the end, the most valuable network may not be the one with the lowest transaction costs. It may be the one people trust most to secure the highest-value assets and applications over the longest period of time.
If $ETH can retain its market share while continuing to scale through upgrades that improve speed, throughput, and fees, its potential remains significant, especially if AI agents become truly crypto-native.
If it combines all of the above and earn the crown as the leading value-secured network, then $ETH could eventually be viewed as something like a truly decentralized, inflation-adjusting global bond: securing the world’s assets, free from political meddling, and deserving of a premium market cap because of the value it protects on top of the deflationary pressures create incentives to stake, get yield and trust the equivalent of buybacks and griwth in value secured to provide additional value.
Keep in mind over 1/3 of $ETH is now staked!
In that scenario, $ETH would not just be another asset to hold. It could become one of the only truly neutral and secure bonds for the digital economy.
... But sure, lets compare it to $SOL with 6% inflation, no moat, no security, massive outages, decreasing validator nodes and alike.
it just all feels like people are getting lost in short term fees and the easiest valuation attempt rather than what $ETH is actually built for, all while its testing its bottom range and players go full portfolio into AI.
ETH 🔷
A long term buyers DREAM.
- MAJOR Low
- Trend Chameleon RED
- BILLIONS Staked
- BlackRock LOVE it
- Tom Lee STACKING like a Mad Man
But above all else, the FUTURE rails of FINANCE.
Impeccable scenes.
VITALIK BUTERIN OUTLINES NEW ETHEREUM $ETH PRIVACY UPGRADES AIMED AT MAKING PRIVATE TRANSACTIONS A NATIVE FEATURE OF THE NETWORK
INCLUDES ACCOUNT ABSTRACTION, FOCIL, KEYED NONCES, AND KOHAKU-BASED ACCESS LAYER TOOLS
Everyone wants to know what comes NEXT.
"Wen ATHs?"
"Price prediction?"
"Is the bottom in?"
I get it.
Everyone needs to feel 'safe'.
The bottom line is, if you believe that we will go higher over time, you simply don't care about short term price action.
Yes, it's great to see sharp pumps and strong Daily closes, I'll be the first to post them.
But truthfully, in the grand scheme of things, it is all irrelevant.
When Bitcoin reaches $1,000,000 you will not care if you bought it at $60k, $70k, $90k or $100k.
What lets 95% of people down, is PATIENCE.
I know, this word gets banded about a lot, but it's because it's TRUE.
Without a CLEAR plan, empowered by PATIENCE and the ability to see beyond the headlines ("BTC back below $80k", "BTC back below $79k", BTC reclaims $81k"), your emotions will be up & down like a whores drawers.
The reason 90% of my posts are so short & sharp is because no matter how well you explain something, how much time & effort you put into a thesis, people will believe whatever's in line with their bias & you always get some internet warrior spouting a load of drivel, of which I have no time for.
My time & effort is spent on producing charts (mainly on the weekly timeframe), THEY do the talking & you are free to believe whatever you like.
With all that being said,
Fuck you, higher.
A ver cuándo hacen en Movistar la segunda parte de la serie Celeste, que se ha quedado anticuada.
Shakira gana a Hacienda y recuperará su dinero: "Por fin la Audiencia Nacional ha puesto las cosas en su sitio" https://t.co/HSb79IaGqJ
Modern finance is being BUILT on ETH.
It's been CONSOLIDATING for 5 years.
Institutions are STACKING like there's no tomorrow.
Supply is CONSTANTLY being locked due to staking.
The chart is sexy AF.
But 'AnonMcHumper' says it's all over again...
$8k.