I've recently talked about the common confusion between reaccumulations and distributions. I won't go into details because I'm too lazy atm.
But for now, I'd bet on reaccumulation for this chart. We will have a much better macro picture in a few weeks.
But for now, I'd bet on reaccumulation for this chart. We will have a much better macro picture in a few weeks.
Nota
If you are looking for fundamental reasoning, here is mine. Crypto "industry" doesn't need Bitcoin. Online gambling can work very well without Bitcoin. ETH is a slightly useful tech. Very useful in online gambling industry. Bitcoin on the other hand is just an old statue.Nota
I don't say this to belittle this industry. Gaming and gambling is a very big thing, it is definitely not something to be underestimated.Nota
I bet even ETH maxis wouldn't believe this is possible :D That.. You know, feels like the bottom.Nota
Let me repeat. Imagine losing against a memecoin as the most important utility project of the space. If it does it's over for Ethereum I suppose.Nota
A memecoin that is not even funny.Nota
This monthly chart acts like a 5m chart. Crazy shit.Nota
Soon we may find ourselves talking about ETH.DNota
If this was a coin, would you buy it? I would smash the green button.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.