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RedDog ✏️
@yRedDogg
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GEM coin investor 💎 || Content writer ✏️ || Networker 🤝🏽 || None of what I post is financial advice
Joined May 2021
Alt season - how will it look like? First off, I can't predict the future. But if you ask me how things might look based on historical price action, I'd refer you to the chart below. You can clearly see a large triangle forming from 2017 until today. Given that, I'm not expecting a huge ETH/BTC breakout this cycle - it's simply too late in the cycle for that. However, I do see similarities with the ETH/BTC price action from 2016 to late 2017, when a falling wedge pattern broke to the downside—a classic market makers move—followed by consolidation and a strong upward pump. We're witnessing a similar scenario right now, and while many claim there won't be an alt season, it feels like another great move from the market makers... right?
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@cryptofleh PPI tomorrow, to come - but I feel we are getting close to a move. 𝕏 sentiment and groups chats are at the lows. But price is barely flinching on the news..
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@CryptoDona7 Fully agree - once more updates are getting released people will realize. But it’s probably already sideline city for most.
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@Cointelegraph This is the news we need to trigger alt season. More locked up ETH will be very good for the supply and demand side of this. Hopefully other institutions follow up on this.
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@belizardd @blocksquare_io I love projects who keep building and delivering despite the market and $BST is one of them.
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@thehiddenmaze FUKU is undervalued compared to the others. But the whole narrative is undervalued as well.
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@thehiddenmaze @virtuals_io @ARAinfra @repoanalyzer @loomlayai @cookiedotfun @TheLDAIntern Such a solid list !
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@HogwartsCrypto @AntiRugAgent @FukuSOLcto @repoanalyzer @ViralMindAI Love this list! Guess you mean #Repoalayze, right?
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@BenjiGanar @cookiedotfun @AntiRugAgent @pumpdotfun This will safe a lot of money for the degens out there. Money that is able to flow in projects that are building real tech.
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Quantitive Easing (QE) will safe my crypto dream. No bro, it's just a cycle play - and it's exactly playing out as other cycles. We had a great run during Quantitive Tightening (QT). Will it help? No doubts. But it's not that we can't grow without. Look at the chart below - it shows that the total market cap keeps growing throughout the years. And it still does. During the lifetime of crypto we had both QT and QE. So why was the total market cap growing in periods of QT? In my opinion because of the crypto cycles. It's not so different this time... 😉 For reference: 🔸QT (October 2017 – September 2019): The Fed reduced its balance sheet to withdraw liquidity as the economy recovered. 🔸COVID QE (2020–2021): A rapid, large-scale intervention in response to the economic fallout from the pandemic. 🔸Post-COVID QT (Starting 2022): The Fed began tapering asset purchases and shifting toward tightening to combat rising inflation.
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@RWAwatchlist_ There are some RWA projects which really deserve this in my opinion. They are; $BST $CPOOL $CARR
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@CryptelligenceX Great choice - no need to look at it today until a few hours after JPO and Trump his speech.
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@PatrykPusch It's definitely not easy - but i hope that the majority finally will choose the projects that keep building. I am personally picky to select real buildors over vaporware.
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