Molesy
@marcusmoles
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market thoughts: I wrote about a eth/btc 2025 echo bubble pump before we had that insane illiquid sunday dump(. As scary as that move was, I still believe this to be the case. Btc upside seems capped for now. There is a possibility it reaches into 120-140k range but im not sure. More likely to me it continues ranging in 110-90k range like it did in early 2021. Downside seems capped as well with etf flows supporting. ETH has been shit in the oven and as such is being used as a short leg to most portfolios iwo..couple this further with some terrible sentiment. If a staking component is added to eth over the next 30 days, we could see a nice squeeze up to $4k. That $4k has been tested to many times to hold so would like to see $5-6k eth as an upside target. Maybe 120k btc and .042 eth/btc as starting point then evaluate from there. In the case, we will get life back into other/btc. I am betting on ondo/pepe currently if this happens and will add on any further dips this week. That being said btc went from $15k to $100k and if you haven't paid yourself then not a bad time to do it after those bounces from sunday. Intuiton suggest you will trade much better knowing all the hard work from 2022 meant something. TLDR - im an idiot and still long eth for an echo bubble. I have no idea what happens next and don't follow me into battle if you don't want too. cheers, -Molesy
on eth/btc: What they doin ova der? EF restructuring? Vitalik with a milady pfp and pepe buys. Lido founder creating second foundation. Justin Sun giving unsolicited advice. All the .ETHs crashing out....All this confusion, pain, misery coupled with a down only eth/btc chart. Is there an end in sight? To me the eth/btc chart reminds me of btc in 2018 when we had the blowoff top (eth merge) into down only complacency. Right when you thought btc was bottoming it went from 6k to 3k. While it wasn't the only reason, the price was not helped by all the drama with btc cash and btc SV if you remember. All this is very similar to me with the different foundations and reorg talk. To me it is a massive capitulation and bottom signal. I think ETH/BTC is going to go through a massive echo bubble in 2025 fueled buy blackrock and staking etfs and trump fomo before going sideways for another many years. As the years tick by and trump & politicians devalue the dollar even further (nothing stops this train), I think this creates a better set up for eth next bull run than btc. We had btc dominate this cycle and I think eth might dominate next cycle if fiat dies further / the easing cycle begins and we get QE on steroids after trump puffs is ego in the wake of a inevitable slowdown. Hopefully eth will have better leadership and a port to sail to by then or this idea is wrong.
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🤝 patient bulls will continue to thrive
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week off from charts and CT has been much needed, quick glances and guts says we go up soon god willing
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also for the respect the rock gents out there, Wednesday on our side
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