$ETH - Quite the insane bullish engulfing candle for a reversal. I'm hoping that was just a shakeout/deviation and still holding. OBV showing a bearish re-test but if it comes back above it's invalidated.
$BTC - OBV trendline still broken down. Still thinking something close to these squiggles plays out. Seems like good demand for dip buying but might struggle with strength to drive past all time highs for a while.
Sigh... again with the ETH misinformation as we await a decision on ETH ETPs. Ok--letโs talk about some basic facts about Ethereum. Millions of Americans hold ETH; it has been vital to crypto since its 2015 launch; and ETH is a commodity, not a security. 1/10
Tuesday. 3am.
The Breaking Point
The next 1-2 years you must be laser sharp. There is NO room for being passive or poor execution. The system is ACTIVELY pushing society into extreme HAVE and HAVE NOT.
That said. Insane money can be made propelling you to extreme "have".
You are living in a financial moment that will be written about for decades. Everything is floored out at ATH and coming off the tracks.
The government is ruining the dollar AND taxing you at the same time giving no real "safe place". That said any choice you make right now (holding USD, stocks, crypto, metals) has huge risks.
Ex : Try to stay safe in the dollar, it then inflates while stocks double, ruining your wealth. Try to hold stocks, they are overheated, crash and ruin your wealth.
INSANE money can be made. It can also be lost. There is ZERO room the next 1-2 years for poor execution.
You have to be like a F1 driver driving on the absolute brink of crashing and make extremely effective financial moves.
Avoid to much risk, you lose big. Be in risk at the wrong time, you lose big.
This post has no reference to the current crypto dump. It's just a reminder that this shit is getting UGLY, its NOT a fair game, you MUST be absolutely serious and on point.
Pound it back with a like, lets be the haves.
We'll probably never see BTC going below $30k again if this on-chain pattern holds true... (8 for 8 so far)
What you see here is #Bitcoin's price discovery across 13 yrs. It's a contour map the BTC supply according to the price HODLers paid for their coins, and how it changed over time.
DENSE HORIZONTAL BANDS:
These are price regions where much of the supply moved between investors reflecting strong agreed value.
PATTERN:
Whenever BTC had:
(a) strong bands of agreed price
(b) coming out of a bear market
(c) and leading into the next halvening (marked in vertical bands)
... the price never comes back to retest this band of support.
CONTEXT:
Why "up only"? #Bitcoin is far from a commodity market at saturation. What we're seeing across the 13 yrs of this chart is BTC's widespread adoption. The network had 10,000 users in 2010, today there's well over 300m people using it as a store of value technology. This is only going to climb with a spot ETF.
@Poe_Ether love u bro always giving back to the community! Just joined your telegram :) Hope you can change my life with rationally responsible degen meme-ing lol
We just saw a similar increase in Crypto trend level that we saw at the beginning of the last bull market
Bitcoin Halving and Ethereum Spot ETF approval and mega altcoin season is going to send the space to Valhalla
I made over $700k by holding AI, RWA, DePIN mid/low caps.
The key? Pick the strongest alts, and hodl for the long term.
Altseason's coming: Turning $10k into $1M is within reach.
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Airdrops hyped cause of opportunity to earn BIG with minimal expenses
But everyone forgot that ambassador programs gave 5-6 figs at no cost:
โข $CQT: $100,000
โข $GLMR: $80,000
โข $GFI: $12,000
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