For what reason did they all sit in this school-ish chair circle? Just for Trump to read Sacks Tweet out loud?
We might get some news over the weekend what they have been discussing behind closed doors.
Overall, selloff has been ok-ish.
SPX pump into the weekend softened it
Overall, selloff has been ok-ish.
SPX pump into the weekend softened it
DiveInDefi
We might get some news over the weekend what they have been discussing behind closed doors.
^Doesnt seem like this considering everyone is already leaving
DiveInDefi
^Doesnt seem like this considering everyone is already leaving
Let's see how next week goes. Considering the summit, I think 73k is back in play if stocks continue to show weakness
Don't be fooled on many alts though.
Considering that 90% of all alts have fully retraced their pumps, some even further, I don't think there is much lower to go, !unless! we really enter a big bear market.
The ones that are still up big, have more downside. The ones that are just back in the multi-year long accumulation ranges shouldn't go much lower.
Still, something that goes from $1 to $5 and back to $1 can still go to $0.5.
Considering that 90% of all alts have fully retraced their pumps, some even further, I don't think there is much lower to go, !unless! we really enter a big bear market.
The ones that are still up big, have more downside. The ones that are just back in the multi-year long accumulation ranges shouldn't go much lower.
Still, something that goes from $1 to $5 and back to $1 can still go to $0.5.
Forwarded from Crypto News Aggregator by EXCAVO
DiveInDefi
$ETH log chart explains the previous cycle top at 4.1k
When adding a few more trends, $ETH really looks bad. Wow. It lost every single support.
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Only when you take these absolute wick lows on a non-log chart, we are above 1 lost uptrend. We do have this supporting liquidity zone as well between 1900-2000.
Bulls really need to step in here to safe this sinking ship.
Bulls really need to step in here to safe this sinking ship.
BTW, ETH has really gotten a lot cheaper.
>1$ for a TX, sub $0.1 for TX on L2s.
2017/2018 you could pay up to $200 and L2s just last year were >$5 per TX.
The traffic has decreased but there have been quite a few optimizations on ETH and L2s as well as DEXs.
>1$ for a TX, sub $0.1 for TX on L2s.
2017/2018 you could pay up to $200 and L2s just last year were >$5 per TX.
The traffic has decreased but there have been quite a few optimizations on ETH and L2s as well as DEXs.
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$ETH has also lost the 200W MA.
Historically, It has spent between 4 and 9 weeks below and then pumped above.
This would mean end of April.
Maybe we just hover around this current 1.9-2.2k range until May.
Every time it closed a weekly above the 200W MA after hovering below it, ETH pumped 60-150%
Historically, It has spent between 4 and 9 weeks below and then pumped above.
This would mean end of April.
Maybe we just hover around this current 1.9-2.2k range until May.
Every time it closed a weekly above the 200W MA after hovering below it, ETH pumped 60-150%