Hey @united we have been stuck for over 30 minutes in a plane while your jet bridge malfunctioned about to miss a connection and not be able to get any food. Thanks a lot.
Step 1: Announce Crypto Strategic Reserve to squeeze shorts and get people to FOMO long
Step 2: Dump price back down to liquidate FOMO longs
Step 3: Run it back up to the highs for the White House Crypto Summit on March 7th
A lot of narratives out there trying to explain the recent bounce by #ETH.
Notice that in prior capitulation wicks (that all happen to occur shortly after the BOJ raised rates), there was a 1-2 week rally, followed by another drop and consolidation period.
Key event this week:
Tue 4th March:
- Trump's address to the joint session of Congress
-US Proposed tariffs on China (additional 10%), Canada, Mexico to go into effect; Mexico aims to close a tariff deal by Tue., Bessent urged Canada to Match Mexico’s Pitch on China Tariffs, signalling a potential path to avert tariffs; China preparing response to fresh US tariffs
Wed 5th March:
-China’s Premier Li Qiang is expected to announce economic growth, budget targets, watching closely for stimulus details and Trade war with US
Fri 7th March:
-Trump to deliver remarks at White House Crypto Summit;
- Crypto Czar said ‘More to come at the Crypto Summit’
- US Nonfarm Payrolls, Unemployment Rate data
- Fed's Powell to speak
Our Insider whale friend changed his name to March 7.
March 7 is when Trumps crypto conference happens. I would keep an eye on this whale and copy trade him on any trades before M 7.