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https://x.com/BigCryptoAlert/status/1819310952677781918
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- BTC movement is the past of GOLD with 5x speed ?
- If It is, when timing would you join the trade before the breakout of the box ?
Observation of slow price development.
Normally it took 1month for consolidation
Both of Futures market + Onchain market are really flourishing in Solana ecosystem
SOL will continue outperforming the rest
Try to survive from Summer
Buy local dips at yellow zone
Q4 will be massive
ETH is similar to BTC last time at first days ETF trading.
Patiently wait about 7 -10 days to see the bottom.
#EduContent The 5th rule
The 5th rule indicates that when price tends to strike supports/resistances 5 times, Supports/resistances are likely to be broken
#INJ ready to begin the final wave of cycle.
Wave 5 to 3 digits.
Think ETH is like when BTC was young
#BTC 2020 summer basement 9999 before a bullrun.
#ETH now summer basement 3333. It's been 5 months range already.
#ETh 3k6 is a key.
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#BTC
- Bounced from cluster weekly.
- Rejected at the 5th at trendline resistance.
The more testing, the weaker the resistance would be.
Trump speech recap:
- US to become crypto capital of the world
- To create strategic Bitcoin reserve for US
- To fire Gary Gensler on day 1
- Views stablecoins as pro dollar
- To end Operation Chokepoint 2.0
- To bring Bitcoin mining to the US
Bitcoin hit local top here.
Market is still in consolidation mode, not ready to breakout yet.
Solana price action is what every ETH fanboy wanted with Ethereum ETF
Unfortunately ETH is getting old and Solana now is exactly when ETH was young.
US liquidity is about to rise up.
This run will last till September.