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Dogs are faded since the dead of Tobosu.
A new era is from Frogs
#PEPE #BOME #TURBO
Never underestimate structures forming in high time frame
#JASMY
#ETH
In 2020, ETH moved around 380$ +/- 20% within 90 days before a bullrun at lately 2020.
Following the fractal, ETH can move around 3800$ +/- 10-15% before a bullrun at Q4.
In 2020 Distribution period lasted 30 days before a big downside move.
In 2023 Distrubution period lasted 50 days before a big downside move.
Meme suffered hard today
While few shitcoins pumped with low liquidity
The flourish of Ethereum onchain is coming back after the ETH ETF approval.
Eyes in narratives: Liquid Staking, Restaking
Market Spotlight is still at Ethereum & Ethereum family in these days.
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Price went up from 58k to 72k, which is supposed as first big move in this summer.
It's expected market continues forming a distribution before next downside big move.
Interesting Fact:
2020: Bitcoin took 11 weeks of consolidation below 60k and failed to break up 60k in the end.
2024: Bitcoin took 11 weeks of consolidation above 60k and failed to break down 60k till now.