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Bitcoin holding up well here with a solid bounce from both the bottom of the channel and key level. Every lower channel touch has at least been followed by another move up to the top. Ideally there are a few important levels to reclaim but the way up has always been clean from here. Also: While we are trading in a channel with up and downs, this bull flag won't last either. At some point it's going to break to the upside. Just a matter of "when". $BTC
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My point of view, read it, it may help you in this course 🤞💜 A lot of people have called ethereum dead this cycle. While it has been lagging to some extent, I wouldn't count out #ETH just yet. There are a few easy to explain reasons why it hasn't surged yet. And also why it still will: 1️⃣ Altseason hasn't happen yet Ethereum is still the king of DeFi. The majority of all altcoins in this entire industry are built on Ethereum. If alts receive more attention again, so does ethereum. Why? Ether is the most traded and NEEDED currency when altseason is into place. It's the same reason why ethereum and altseason move so much in sync with each other. We've had some resurgence in alts in Q1 this year and Ethereum did great! But if we are still getting a big wave? Then so will ETH. 2️⃣ All eyes still on Bitcoin Bitcoin has still been leading this cycle. Bitcoin dominance remains high and most Institutional money has flown here. If the shift happens, Ethereum is first to follow. 3️⃣ Grayscale outflows Just like what we saw with Bitcoin, the amount of outflows from Grayscale are significant after the launch of the ETF Once these come to an end? Inflows take over and take control of the race again. 4️⃣ Technically good As shown in the chart down below? Ethereum actually isn't in a bad place. Touching a long running support zone that can be seen as an ideal reentry spot for many. Both for us but also an attractive price entry for institutions as well. As you can see I wouldn't count out Ethereum just yet this cycle 👌 $BTC $ETH $SOL
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Money is a means, not the end goal. Too many lose sight of this in crypto. If stress over your investments keeps you up at night, you're losing the game. $BTC $ETH $SOL
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Are you buying more SOL or ETH today? Let me know. 👇👇👇👇👇 $ETH $SOL
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If the dip scared the living sh*t out of you (and you didn't buy), that likely indicates that you're underweight stables. Use this bounce as an opportunity to fix that if needed. Ironically, by being "all-in", you're actually jeopardising your ability to extract max profits.$BTC $ETH $SOL
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