THE ETHEREUM SHAKEOUT ALREADY HAPPENED. MOST PEOPLE SOLD INTO IT.
Four months of accumulation between $1,745 and $2,500.
Then June broke it down to $1,520, the manipulation leg that clears out everyone who bought the range.
Price is back above it at $1,860. That's the expansion phase starting, not another breakdown.
I still expect one more dip toward the range low first. That's the retest, not the reversal.
After that, it's go time.
A weekly close below $1,550 and I'm wrong.
๐จ 95% OF ETH HOLDERS ARE ABOUT TO BUY THE BIGGEST BULL TRAP OF THIS CYCLE.
Everyone is waiting for the breakout.
I'm waiting for the collapse.
$ETH hit $1,920 exactly where I expected.
$2,000 is next.
That's where everyone turns bullish.
That's where I get even more cautious.
Here's the roadmap I'm still following:
โ $1,800 retest
โ $2,000 breakout
โ $2,200 if BTC pushes toward $70K
โ 7-10 days of distribution
โ Final flush into $1,300-$900
Only then does the real bull market begin.
That's when I'll start getting aggressive.
Everyone else?
They'll FOMO at $2,000...
They'll call $2,200 "confirmation"...
Then they'll panic sell the real bottom.
It happens every cycle.
Smart money doesn't buy excitement.
It buys fear.
My long-term target hasn't changed:
$7,000+ ETH.
But I have zero interest in buying the part of the move everyone is celebrating.
I warned about the bull trap before it happened.
I warned about the summer sell-off before it started.
The next call will be the biggest one of this cycle.
Follow now. By the time Crypto Twitter turns bullish, the opportunity will already be gone.
$FTM Last Buying Opportunity before the Bullrun 2024-25 !!
Accumulate some for the Long term before it's too late.
Long term Target : 15$ โ๏ธ
#Crypto#FTM#Fantom#FTMUSDT
#VELO Weekly TA Update:
Zoom out and you can see Bulls are in control! ๐
Weekly RSI breakout, 31MA flipped into support with 2nd week of high volume!
Ready to flip 0.78 Fib with clear skies to 0.02 cents!
Great TA + strong Fundamentals + Hungry community = $VELO Moon Shot ๐
$VELO ๐๐ 100x longterm hold.
A blockchain infrastructure company focused on building a suite of DeFi products and remittence services-
Has partnered with Visa, Lightnet, iRemit and Inception to build out payment offerings and remittance services in Asia.
Was founded by Velo Chairman Mr. Chatchaval Jiaravanon, founder of Aeon Thana Sinsap, Thailandโs largest consumer finance company, Finansia Syrus, a leading securities house, Charoen Energy and Water Asia (CEWA) and is the current owner of the US-based Fortune Magazine.
And has received $50m in funding from LDA Capital, with an option to raise the total commitment to up to $100m over the next three years.โจโจ
At a ~$42m mcap, this project has the potential of pulling a 100x.
https://t.co/NPW4SX3cYL
Sources:
https://t.co/Xbg2BODrR3
https://t.co/Agphj0NBUb
https://t.co/8KxCs5xXeN
https://t.co/PXweISS0vD
https://t.co/88NjpO0OZU
https://t.co/9owITPluTH