Alt capitulation combined with a token unlock event sees arb at all time lows God tier entry for one of the most used eth l2s imo
Completely retraced its q1 move with the rest of the market Think this is capitulation tbh
Still think this is undervalued compared with how prolific this meme is.. Think this turns into the accumulation low range tbh
Bullish harmonic flashing opn HTF here.. 72% back to the recent complacentcy shoulder most alts look oversold here..
altcoin capitulation 77% down from local highs here would be 90+% from 20$ per dydx last bullmarket cycle still relatively bluechip tech here... usage isnt as high as it could be but we're deep into alt winter here largest liquidation event since FTX's collapse here and alts were already very rekt tbh btc and eth still macro high range comparibly...
retesting the bidzone after distributing the ETF news are we really going to let them buy their eth back at these prices? etf news due in 3 days i think any kind of positive news at this point will reverse the market pretty strongly biggest liquidation event since FTX's collaps here today... we usually dont stay in these areas very long in bull markets and some...
Eth is still not a security, funny that 10k loading.... eth etf 75% chance of approval at current standing up from like 25% yesterday but the fundamentals haven't changed at all... its almost as if they wanted you to sell cheap before the moon candle.
Exponential charts can be a bit hard to trade 80% to the local highs here, you'd have to understand the pivot from dexperp to l1 here to understand why its marked up so heavily... id say were into aths by the end of the year though... 80$ target from the local highs so 4xish if we get the predicted post halving bullwave
Wrestling with the 1daily ema here.. Order books are pretty stacked with puts tbh Probably get another sweep before it pushes but other coins like sol are showing mega strength here with the btc breakout... I doubt eth takes too long to catchup there given all the etf rumours Midjune is predicted to be a market high so there's not much more time to dip here..
Sales on bluechips don't get much better than this, incredible strength shown at the market lows and why not for the best eth l2 out there.. Still trading at its 2023 opening price somehow Super bullish on this one 10$ mid bull market imo
Sales on bluechips don't get much better than this, incredible strength shown at the market lows and why not for the best eth l2 out there.. Still trading at its 2023 opening price somehow Super bullish on this one 10$ mid bull market imo
This is an exact print of the bullish scallop trading pattern... Entries don't get better than this imo Exposure to the entire ai crypto ecosystem in one coin Retesting its listing high??? for the coin that hardly ever dips at all thats a god tier entry Pump it till mid june
Bottoming out... Sign of market reversal here across the board, bluechip memes will run from here till mid June imo..
Heard this was the tia of q2 Ifso then it will pull many multiples after breaching aths Scraping the low support here... Bullish appetite returning to the market think we bounce this heavily this week tbh
we run it back this week imo probably around thursday all alts eth and btc for strong relief rally then btc moves heavily due to the halving catalyst followed by eth then everything else select alts will stay bullish this is one of them imo
Think we are entering the eth a security? lol nah it isnt phase of the eth etf rumour phase aka consolidation and building a base for a few weeks before we can move up again post halving and full moon Theres also a fomc meeting in this period which should shake the whole market a little as per usual, pump/ dip into the meeting then pump after the news usually for...
orderbook scalp again looks ready to send basically big bids being moved up on inj and btc eth sell wall removed and theres a massive sell all the way up at 41 for inj its saturday and the last day of the month so a late monthly sweep and reversal makes some sense to chop the market out... very similar trade setup to solana yesterday
sweeps are long entries from here market grind down looks nearly over shorts have been piling up on btc too apparently not wise given 1.2T spending approved which is exeedingly risk on for all alts to USD spending continues inflation hedges grind higher.. bid for eth and btc mean more alternative alts probably grind up from here also... this gem L1 has hardly...