Curve daily swaps just hit all-time highs on the trend line. The 2023 spike was the USDC depeg.
This is different. Five years in, @CurveFinance is doing more swaps per day than it ever has.
Everyone moved on to Hyperliquid and vaults. The stableswap AMM kept compounding.
My thesis: $CRV is inevitable. The charts will show sooner or later.
@TraderWhitey This could also be the ending of the 4th (starting from 15k) and we have the final 5th left to go. There is a few different ways to count the 3rd and the 4th, but this would mean we have the final wave left, not a whole new sequence
Been a long time since my last update here.
I think there is a reasonable chance we have completed a ltf wave 1 and 2 here. This would mean we are at the very early stages of a wave 3, within a larger structure.
On ltf, looks like we have a new potential impulse developing.
If we manage to hold the low at 83.8k, this means we should see new ATHs coming pretty soon.