DiveInDefi – Telegram
DiveInDefi
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Crypto, economics, TA & shitposting.

All my personal thoughts. I am not a financial advisor and all my posts are no financial advice! Do not take my words for your
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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.
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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%
DiveInDefi
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This is the most bullish thing.
Europe printing, US printing.

All we need. Everything else is noise
BTC hitting 200D MA here
DiveInDefi
🙄
A close below 83k would be the first time below the daily 200MA since Oct
DiveInDefi
I think 73k is back in play if stocks continue to show weakness
Fingers crossed stocks pump tomorrow. Otherwise I stand with this
DiveInDefi
For the last 4 months, every time we have had a day like this, we got a nuke afterwards.
How is the hit rate on this so fucking high. ETH is just a bear coin.
Even $FET, which has been one of the most bullish coins this cycle just lost every support here.
$PEPE hitting decent support.
Forwarded from Watcher Guru
JUST IN: Binance founder CZ says too much money is spent chasing small, quick gains in crypto.

"Focus on ethical teams that build for the long term. Big money is built slowly with stamina."

@WatcherGuru
Btc about to revisit 7x,xxx