There's a project that launched yesterday on Ethereum, which covers the sector of Energy (a industry with 10T$). A upcoming big bull narrative.
The CEO is doxxed and is a former Director of Technical Product Management at Schneider Electric, one of the largest energy and industrial conglomerates in the world (valued at +140B$). And this is just one of 3 very big companies where he worked.
The project has a partnership with Circle, which means, they also capture the stablecoin market, with the goal to create a stablecoin on-ramp that allows cross-border payments to be made in stablecoins in different ways.
A comparable competitor is currently Powerledger, sitting at around ~160M FDV MCap. Tradable on Binance.
The current FDV MCap is at around ~50m.
My thesis on this gem is set and clear.
I'm riding this gem much much higher from here. DCAing here with size and if it goes lower i'm increasing my overall size for a bigger position.
Big day today..
Powell speaks at Jackson Hole today 10AM ET
This is the event markets been eyeing for weeks and it’s why $BTC + alts been chopping up and down due to uncertainty..
Everyone expecting hawkish coz of hot PPI (3.3% vs 2.5%) and core PPI (3.7% vs 2.9%).
But most ignoring the other side of the story:
- US unemployment at 4.2% last month, with only 73K jobs added.
- Jobless claims coming in higher than expected.
- Corporate bankruptcies at highest since 2020.
- Defaults rising in the $1.7T private credit market.
This doesn’t look like an economy where FED can afford to stay too hawkish.
So there could be 3 scenarios from Powell today:
1) Hawkish: Already priced in. We dumped 2 weeks into this. Maybe a small dip, but not huge.
2) Neutral: Market relief → $BTC 115-116K / $ETH 4.5 - 4.6K in a few days imo.
3) Dovish: That’s where shorts get blown out → $BTC 120K / $ETH ATH in 3-5 days.
Personally don’t think we get full dovish more likely neutral or slightly hawkish.
But this speech would set the tone for the next big leg. lets see..
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#Ethereum $7,400 in 2025? 🚀🎯
#ETH is moving within an upward channel, where an inverse Head & Shoulders pattern might be playing out in the coming weeks.
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