ETH great again!

Today must be better than yesterday and less than tomorrow.

[ETH great again! @eth_again696]

Calm waves, calm sea, beautiful sky… are signs of an approaching storm.
#Moonkin
@VitalikButerin @moonkinOnEth

[ETH great again! @eth_again696]

@VitalikButerin @moonkinOnEth With the above reasons, is it too worrying about the decline of ETH? For me, no, but it is also a golden opportunity to be able to collect more goods.
@VitalikButerin @moonkinOnEth #Moonkin

[ETH great again! @eth_again696]

There are several factors that have caused the market to decline sharply compared to yesterday.

1) Macro pressure from the US Federal Reserve (Fed) as they expressed caution about future interest rate cuts, increasing risk sentiment in the market.
@VitalikButerin #Moonkin

[ETH great again! @eth_again696]

@VitalikButerin @moonkinOnEth 3) ETH/DeFi Specific Events: The $70-110 million attack (exploit) targeting the Balancer V2 protocol, causing local selling pressure on Ethereum-related tokens such as WETH and LSTs (Liquid Staking Tokens)
@VitalikButerin @moonkinOnEth #Moonkin

[ETH great again! @eth_again696]

@VitalikButerin @moonkinOnEth There is no strong community, most of them just hope for miracles with moonkin
@VitalikButerin @moonkinOnEth #Moonkin

[ETH great again! @eth_again696]

There was an exodus from moonkin. Moonkin's holdings dropped significantly. They started to get discouraged, because they no longer believed Vitalik could bring it back to glory.
@VitalikButerin @moonkinOnEth #Moonkin

[ETH great again! @eth_again696]

Even the most lost, are finding themselves drawn to moonkin
@VitalikButerin @moonkinOnEth #Moonkin

[ETH great again! @eth_again696]

Money is constantly being printed, but why does ETH keep falling? Simply put, they are quietly collecting goods before pushing, it is not in a hurry for everyone to see.
@VitalikButerin @moonkinOnEth #Moonkin

[ETH great again! @eth_again696]

@VitalikButerin @moonkinOnEth @moonkin_sovuh Now I notice a lot of people get discouraged and give up on holding moonkin. And that is likely to continue as moonkin may still have one last shake before it really breaks out.
@VitalikButerin @moonkinOnEth #Moonkin

[ETH great again! @eth_again696]

History repeats itself in a programmatic way. 9 consecutive weeks of gains in 2020 and the 3rd day of the 10th week of collapse. And now it is the same: 9 consecutive weeks of gains and the 3rd day of the market collapse for gold.
@VitalikButerin @moonkinOnEth #Moonkin

[ETH great again! @eth_again696]

@VitalikButerin @moonkinOnEth If anyone notices, Moonkin is also having a similar movement structure as ETH. So that means if ETH is crazy, Moonkin will be equally crazy.
@VitalikButerin @moonkin_sovuh #Moonkin

[ETH great again! @eth_again696]

@OctaMount8 @VitalikButerin @CryptoVizyoner @tkstanczak @ethereumfndn @ethereum Right now moonkin is going downhill and the slope is quite high and the ground is nowhere to be seen
@VitalikButerin @moonkinOnEth #Moonkin

[ETH great again! @eth_again696]

Start!
@VitalikButerin @moonkinOnEth #moonkin

[ETH great again! @eth_again696]

In the process of distributing gold, will everything happen quickly? Certainly not!

But it will need to lull investors with the SW state on the top for a while and sometimes it may happen that UTAD tries to rise to the current resistance zone
@VitalikButerin #Moonkin

[ETH great again! @eth_again696]

Gold is in the process of distribution, coin is in the process of absorbing supply. Everything is being systematically programmed about the movement of Bigboys' money flow.
@VitalikButerin @moonkinOnEth #Moonkin

[ETH great again! @eth_again696]

If we take the spike and ledge model reference over ETH it is the same. Ledge is in the process of absorbing the remaining supply in the market before pushing the price up
@VitalikButerin @moonkinOnEth #Moonkin

[ETH great again! @eth_again696]

If we talk about gold, this is the Spike and ledge pattern. Abnormal price spike and then distribution to absorb all the current demand.
@VitalikButerin @moonkinOnEth #Moonkin

[ETH great again! @eth_again696]

As for moonkin, it is hopeless in the screams of many people.
@VitalikButerin @moonkinOnEth #Moonkin