Ashleyez(@Ashleyez1010)'s insights

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$ETH - has pulled back after a major breakout

Price is holding at support with signs of stop hunting and liquidity grabs - Expecting some accumulation before the next move up

#ETHETFsApproved #EarnFreeCrypto2024 #FIT21 #PEPE‏ #btc70k

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Come on, $SOL Let's see some upward momentum! #SOL #ETHETFsApproved #altcoins #buythedip

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Taking a cautious walk with $FLOKI - will it surprise us with a moonwalk? #FLOKI #ETHETFsApproved #PEPE‏ $FLOKI #Write2Earn! #Write&Earn

It's been 36 days since the halving. In the past 35, a portfolio consisting of equal weight $BTC , $ETH , $SOL , $PEPE , & $ONDO would have yielded an approximate 40% return compared to Bitcoin (Benchmark), yielding 5.5%. #ETHETFsApproved #PEPE‏ #altcoins #FIT21

The daily market dynamics of Bitcoin and Ethereum reveal some intriguing financial math. Every day, $65 million worth of new Bitcoin ($BTC ) enters the market, needing to be absorbed by buyers. This influx is coupled with mandatory selling by miners to cover electricity costs, adding pressure to the market. In contrast, Ethereum $ETH presents a different scenario. Unlike Bitcoin, Ethereum does not introduce the same amount of new supply daily. This means there's effectively $0 worth of new Ethereum entering the market each day, which significantly impacts its market behavior. Additionally, Ethereum's lower starting market cap compared to Bitcoin suggests a different investment landscape and growth potential. The math here is quite compelling. Bitcoin's daily introduction of $65 million, combined with the need for miners to sell to cover operational costs, creates a continuous demand for new buyers to maintain its price stability. On the other hand, Ethereum's lack of new daily supply and its smaller market cap could make it more susceptible to price increases, as there is less new supply to absorb. These contrasting dynamics between Bitcoin and Ethereum highlight the complexities and opportunities within the cryptocurrency market. Investors need to consider these factors when making investment decisions, as the supply and demand mechanics play a crucial role in price movements and market potential. $BTC #Write2Earn! #Write&Earn #Write2Earn #ETHETFS #btc

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