Obviously $ETH's price will beat $GOLD's price in the end.
it took $GOLD all of eternity to reach $5,500 lol, $ETH is just taking a quick nap before the next cycle up.
I’m currently long $BTC and $ETH from just below current price levels. The market’s recent stability suggests absorption — supply being quietly taken off the market.
To me, this price behavior signals accumulation rather than distribution. We likely bounce.
#Bitcoin#Ethereum
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The Federal Reserve is injecting liquidity. In the past, this has often pushed markets into risk-on mode, with stocks, crypto, and other risk assets benefiting.
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Gold just ripped past $4,000.
Here’s what it means for crypto:
Wall Street is calling it the “great debasement trade.”
Institutions and retail are piling into hard assets (gold first, Bitcoin increasingly) to hedge against money printing, high debt levels and lowering interest rates.
Now gold is the clear first-mover in this debasement trade.
It's up 21% in the past 34 days – that's an enormous move for the world's largest asset.
Historically, Bitcoin lags gold by 60-100 days.
Gold started ripping end of August.
So, a 60-day lag would mean $BTC begins to rally at the end of October, and a 100-day lag means BTC rips at the beginning of December.
And when it does, quality alts won’t sit still either.
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A large portion of the #Cryptocurrency market is following traditional seasonality. September is often bearish, which in turn makes October a green month as a rebound period.
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#BTC#ETH $ALTS
#Ethereum 🔷 Weekly Chart
Despite the recent price action, #ETH is currently in the midst of creating a constructive trend, turning a multi-year resistance into new support.
We’re far closer to new ATHs than most realize.
$ETH 🔗https://t.co/STHe3eFcyO
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