So here is an MVRV based indicator which is showing that $ETH season is starting. And that is not hard to understand since the ETFs are coming on July 2nd most likely. But the market is very bearish on alts and ETH ecosystem now... My thoughts are that it's likely good odds to bet on ETH and ETH ecosystem performing well in next few weeks or even months. I've spoken a lot about the ETH ecosystem, and here is an update on some of them. ENS is a fvorite of Vitalik Buterin, and also larry Fink spoke on TV about Digital IDs on chain, and I think it should be obvious by now that Fink/Blackrock wants to build "tokenisation" and RWAs on ETH chain. My entry for$ENS was around $20, and it spiked down there yesterday, but already bounced up 30% now. Congrats to the folks who had orders down there. I continue to think ENS should do well and break up in 2nd half of year.
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