
#EVMavericks matrix 馃 577 馃馃攰 $ETH $TIA
Ethereum
Joined March 2018
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Classic $ETH sell off.
Would be really scary if we would not have already seen 100 like these before 馃槀
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Time to accumulate more $ETH
2.2k$ is an easy 4x in an Ethereum catch up really soon to come
future is bright 馃榾
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celestia:native today is 400$ $ETH in 2020
10$ certainly within reach this cycle
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Couple more month of sideways until the AI bubble eventually peaks with semis & data center stocks now dominating every major index
Then it will be time for capital to rotate & $ETH will resume up only
Plan accordingly
Why is $ETH & crypto not performing?
It's very simple:
half of the folks left for AI stocks chasing quick returns
the other half is parking cash in oil waiting for the supply crunch taking the market down
apparently no one is long crypto anymore. this can flip back quickly
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$ETH is down against the S&P 500 since Dec-17 (9 years!)
about time for a REAL bull market to start
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The one thing $ETH needs now to break decisively higher is an uptick in activity and network fees
Not so much to signal a higher burn but very much to show renewed network activity on the main net which in the past has every single time led to higher prices
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an ETF for $ZEC makes zero sense given the privacy focus of the asset
people are correctly identifying that $BTC won't be the fastest horse going forward but fail to understand that $ETH is best positioned to replace it
$ETH is underowned as never before
The debasement trade is back and BTC has structural headwinds in the form of quantum, privacy, & Saylor execution risk.
These are all tailwinds for $ZEC, and the ETF is going live this week. These setups don't present themselves often. Seize the opportunity. I'm gigalong.
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Why is $ETH & crypto not performing?
It's very simple:
half of the folks left for AI stocks chasing quick returns
the other half is parking cash in oil waiting for the supply crunch taking the market down
apparently no one is long crypto anymore. this can flip back quickly
$ETH will go up when activity on Ethereum will further increase or global liquidity expands.
Simple as that. In the mean time focus on other aspects of life.
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For $ETH to be able to outperform it needs to be contrarian not the consensus that everyone holds in size
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how about $ETH - the triple point asset - eventually sends as the early money capitulates on it while scalability and institutional adoption are getting achieved
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With $ETH today you get to buy the industry of the future for the price of the past.
Remember: There are people that rotated out of crypto into data center & semiconductor stocks making a killing there. These stocks are getting expensive while crypto is depressed providing the perfect set up for a rotation back. When $ETH breaks 2450$ this market goes parabolic.
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