So lads and ladies. Its been a while. Your boys back. After following the crypto market as well as the US and UK economy and key facts figures and events may that be worldwide or domestic. Things are looking better and better for cryptocurrencies fundamentally along with the technical.
We are starting to see mass adoption not just in the form of its use as a layer 1 whether that be P2P transactions or how its ERC20 token has revolutionised the world of digital art and entertainment. Ethereums Dapps are revolutionising the space especially now with Wormhole.
We have been trending down from its previous ATH at 4.8K. We have reached a significant demand zone based on Tesla and other big companies and funds buy zone during the 2020-21 bull run. These companies are very unlikely to sell but more likely to buy at this zone.
I have been playing this zone and we have now seen an impulsive move up post CPI figures release. Inflation rate is growing rapidly.
A couple 1:4 setups low risk small positions just trying to gauge the market.
We are starting to see mass adoption not just in the form of its use as a layer 1 whether that be P2P transactions or how its ERC20 token has revolutionised the world of digital art and entertainment. Ethereums Dapps are revolutionising the space especially now with Wormhole.
We have been trending down from its previous ATH at 4.8K. We have reached a significant demand zone based on Tesla and other big companies and funds buy zone during the 2020-21 bull run. These companies are very unlikely to sell but more likely to buy at this zone.
I have been playing this zone and we have now seen an impulsive move up post CPI figures release. Inflation rate is growing rapidly.
A couple 1:4 setups low risk small positions just trying to gauge the market.