4I can't believe I am saying this, but imagine praying for the market to go down. This bull run is a spectacle for us especially cashing in on
#BTC #ETHFI #WIF🔥🔥🔥 #BOME🔥🔥🔥 .
But yes, a lot of the ETHFI guys may be worried about the bullish run of BTCand still with bull run why is the trading volume on ETHFI still calm ?
That may be due to a few factors :
1. Even though there is a bullish run , #ETH can't compare to BTC and as such it will be understandable that #ETH based projects may not immediately shoot to the moon.
2. Also people diverted their focus on ETHFIowing to the decline of BTC more or less like a hedging instrument. So as BTCis up bullish again it is understandable that they look there too (I am one them :) ).
3. So that's that mean that we don't believe in ETHFI ? Absolutely not !!!, in fact it is on the contrary. Why ?
i. You will only use a strong investment as a hedge right ?
ii. Look at the trading volume of ETHFI and compare it to BTC you will be shocked to realize that even with more trading and activity on BTC but the price of ETHFI relatively went up to $4.5 and consolidating at there after consolidating previously at $3.96 even during the weekend, this signals that what ever be the case people are ready to hold on to it because they believe in it.
4. We all can see the performance of #WIF too. Even though I am quite confident that it will drop a little I am not so sure about ETHFI dropping significantly for a confident entry. We all have to be quite realistic that , it handled the bull run of BTC quite well.
5. #BOME also consolidating very well so far. But I am still waiting for a good entry.
So tell me what you think will happen next in the comments, a correction or a complete shooting to Mars.
I will leave it here for now. I will get into why
#BTC shot up soon. Until then, peace out.