LIVEXN - Xuyên Nguyễn
@XuyenNguyen84
Rau Muống Luộc và những người bạn. HC Capital
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NVIDIA REVENUE INCREASES - AI WAVE IS COMEBACK?
Nvidia's Q2 2024 revenue report reached $30B (x2 compared to last year), exceeding expectations by ~10%. Immediately after the announcement, $NVDA fell ~7% due to the "sell the news" effect
Despite the decrease in profit margins, the demand for AI chips increased, the Sovereign AI market raised its estimated revenue to $11B - $13B, the widespread wave of AI enterprises showed that Nvidia still maintained its position
Looking back at last year, when Nvidia reported Q2 revenue, the price of $NVDA also decreased and went sideways for a short time before exploding, the Crypto market also reacted similarly
With positive signals from Nvidia and the September interest rate cut, the timing just matched last year's period
=> Qualifying for the#AIsystem to grow strongly in Q4/2024.
Nvidia's Q2 2024 revenue report reached $30B (x2 compared to last year), exceeding expectations by ~10%. Immediately after the announcement, $NVDA fell ~7% due to the "sell the news" effect
Despite the decrease in profit margins, the demand for AI chips increased, the Sovereign AI market raised its estimated revenue to $11B - $13B, the widespread wave of AI enterprises showed that Nvidia still maintained its position
Looking back at last year, when Nvidia reported Q2 revenue, the price of $NVDA also decreased and went sideways for a short time before exploding, the Crypto market also reacted similarly
With positive signals from Nvidia and the September interest rate cut, the timing just matched last year's period
=> Qualifying for the#AIsystem to grow strongly in Q4/2024.
See original
IS THE SIDEWAY PERIOD ABOUT TO END?
According to the history of BTC post-Halving fluctuations in 2016 & 2020
-> Sideway phase from $BTC Halvings all end after "160 - 180D" (5-6 months)
If based on the above timing for the current cycle, calculated from the time Bitcoin Halving L4 took place (April 19)
-> End of sw phase in September and early October.
This milestone is quite consistent with the timing of the FED interest rate announcement (September 18) when current data is supporting the first interest rate cut in 4 years.
#HC
#HCCapital
According to the history of BTC post-Halving fluctuations in 2016 & 2020
-> Sideway phase from $BTC Halvings all end after "160 - 180D" (5-6 months)
If based on the above timing for the current cycle, calculated from the time Bitcoin Halving L4 took place (April 19)
-> End of sw phase in September and early October.
This milestone is quite consistent with the timing of the FED interest rate announcement (September 18) when current data is supporting the first interest rate cut in 4 years.
#HC
#HCCapital
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PAVEL DUROV ARRESTED. WHERE WILL $TON GO?
On the evening of August 24, the founder of #Telegram was arrested at Le Bourget airport with a bodyguard and a woman.
The telegram community panicked, the price of $TON fell immediately after.
What will this do to telegram? Where will $TON go?
Let's discuss this issue. Details in the comments section
On the evening of August 24, the founder of #Telegram was arrested at Le Bourget airport with a bodyguard and a woman.
The telegram community panicked, the price of $TON fell immediately after.
What will this do to telegram? Where will $TON go?
Let's discuss this issue. Details in the comments section
See original
Many people are criticizing OP because the project claims it is not L2.
Personally, I agree with the project because OP has positioned the project to become a strong infrastructure for blockchain rather than the owner of an L2 segment.
For me, from the downtrend, $OP stack, OP Rollup and then super chain, now affirming the project's position => non-stop development.
I think OP understands what retails understand, which is that L1 can handle everything L2 does in reality, and if you look at it objectively, L2 has no effect on real life.
=> OP must upgrade and expand => not be stubborn like Meme L2 (aes garden peach), not ignore yourself for strangers (like only care about developing hst but the price is slow)
=> reasonable step for King of L2
#OP
#Optimism
#Layer2
#Superchain
Personally, I agree with the project because OP has positioned the project to become a strong infrastructure for blockchain rather than the owner of an L2 segment.
For me, from the downtrend, $OP stack, OP Rollup and then super chain, now affirming the project's position => non-stop development.
I think OP understands what retails understand, which is that L1 can handle everything L2 does in reality, and if you look at it objectively, L2 has no effect on real life.
=> OP must upgrade and expand => not be stubborn like Meme L2 (aes garden peach), not ignore yourself for strangers (like only care about developing hst but the price is slow)
=> reasonable step for King of L2
#OP
#Optimism
#Layer2
#Superchain
See original
$ETH The decrease was stronger than expected (I was waiting for the $2K6 - $2K8 range) but the goods I picked up came back at exactly the new point :D ?? What is it?
This storm is big, let me risk my life and go ahead.
It's time to fight the market, this time the plan is to buy every time the market crashes strongly in August-September
Ready?
This storm is big, let me risk my life and go ahead.
It's time to fight the market, this time the plan is to buy every time the market crashes strongly in August-September
Ready?
LIVEXN - Xuyên Nguyễn
--
The decline in early August confirmed the strong correction of Q3.
As I've timed before, Q3 will be the time for the traditional market, the financial sector will branch out in the wrong direction compared to the overall economy.
Input data: gold cools down, technology stocks continuously set ATH, businesses begin to integrate Crypto (Fer is just a sell news, Apple integration is an important signal).
Late data: September interest rate cut ambiguity, final steps for election.
Conclusion: Personally, I will wait for the next Altcoin buying zone. No matter what you do, you have to wait for a clear signal.
=> 2 data need to wait: $ETH ETH under $2K8, Total2 and Total3 reduced by 10% => buyable zone
THIS IS FOR REFERENCE ONLY, DISCLAIMER OF CALLING FOR INVESTMENT.
As I've timed before, Q3 will be the time for the traditional market, the financial sector will branch out in the wrong direction compared to the overall economy.
Input data: gold cools down, technology stocks continuously set ATH, businesses begin to integrate Crypto (Fer is just a sell news, Apple integration is an important signal).
Late data: September interest rate cut ambiguity, final steps for election.
Conclusion: Personally, I will wait for the next Altcoin buying zone. No matter what you do, you have to wait for a clear signal.
=> 2 data need to wait: $ETH ETH under $2K8, Total2 and Total3 reduced by 10% => buyable zone
THIS IS FOR REFERENCE ONLY, DISCLAIMER OF CALLING FOR INVESTMENT.
See original
The decline in early August confirmed the strong correction of Q3.
As I've timed before, Q3 will be the time for the traditional market, the financial sector will branch out in the wrong direction compared to the overall economy.
Input data: gold cools down, technology stocks continuously set ATH, businesses begin to integrate Crypto (Fer is just a sell news, Apple integration is an important signal).
Late data: September interest rate cut ambiguity, final steps for election.
Conclusion: Personally, I will wait for the next Altcoin buying zone. No matter what you do, you have to wait for a clear signal.
=> 2 data need to wait: $ETH ETH under $2K8, Total2 and Total3 reduced by 10% => buyable zone
THIS IS FOR REFERENCE ONLY, DISCLAIMER OF CALLING FOR INVESTMENT.
As I've timed before, Q3 will be the time for the traditional market, the financial sector will branch out in the wrong direction compared to the overall economy.
Input data: gold cools down, technology stocks continuously set ATH, businesses begin to integrate Crypto (Fer is just a sell news, Apple integration is an important signal).
Late data: September interest rate cut ambiguity, final steps for election.
Conclusion: Personally, I will wait for the next Altcoin buying zone. No matter what you do, you have to wait for a clear signal.
=> 2 data need to wait: $ETH ETH under $2K8, Total2 and Total3 reduced by 10% => buyable zone
THIS IS FOR REFERENCE ONLY, DISCLAIMER OF CALLING FOR INVESTMENT.
See original
SCRIPT:
- Trump was assassinated -> selected J.D.Vance as deputy president
- Joe Biden withdrew from the race -> Gary Gensler withdrew as well
- Trump is close to being elected -> chooses Larry Fink to head the SEC
=> Kalama Harris fell out and became president :D
=> Harris memes hit the roof => a bunch of memes about Trump going to the dike => VCs memes followed => ending the "Meme Super cycle" => new chickens, old chickens die like straw => everything goes back to where it was
- Trump was assassinated -> selected J.D.Vance as deputy president
- Joe Biden withdrew from the race -> Gary Gensler withdrew as well
- Trump is close to being elected -> chooses Larry Fink to head the SEC
=> Kalama Harris fell out and became president :D
=> Harris memes hit the roof => a bunch of memes about Trump going to the dike => VCs memes followed => ending the "Meme Super cycle" => new chickens, old chickens die like straw => everything goes back to where it was
See original
If compared, things like tap-to-earn, play-to-airdrop, etc., I think this game is easier to win.
It's as easy as when $NOT first came out, the background/backers are good, at least it's more like a game than Dog and Hamster.
Not to mention more than 11 million people participating in Hamster and more than 5 million people participating in Dog -> how many parts is the pie divided into?
Grab this game before it's too late.
Link: https://t. me/ KuroroRanchBot/ranch?startapp=ref-76F78696
Remember to remove the 3-way ace from the link.
#TapToEarn
#PlayToEarn
#PlayToAirdrop
It's as easy as when $NOT first came out, the background/backers are good, at least it's more like a game than Dog and Hamster.
Not to mention more than 11 million people participating in Hamster and more than 5 million people participating in Dog -> how many parts is the pie divided into?
Grab this game before it's too late.
Link: https://t. me/ KuroroRanchBot/ranch?startapp=ref-76F78696
Remember to remove the 3-way ace from the link.
#TapToEarn
#PlayToEarn
#PlayToAirdrop
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LIVEXN - Xuyên Nguyễn
--
Enough target, x10 falls, don't be greedy
#TokenFi
#TokenFi
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Considering Bitcoin's cyclicality and post-halving growth. Comparing the data, we will have two cases:
- The explosion started when this week's candle closed with a lucky green color. Similar to Halving in 2016.
- The adjustment to create a short-term cumulative bottom has begun, we have just over a month and a half left until everything will explode. This case coincidentally coincides with the timing of the FED cutting interest rates by some experts. economist.
Which possibility will be correct?
$BTC
#BTC☀
- The explosion started when this week's candle closed with a lucky green color. Similar to Halving in 2016.
- The adjustment to create a short-term cumulative bottom has begun, we have just over a month and a half left until everything will explode. This case coincidentally coincides with the timing of the FED cutting interest rates by some experts. economist.
Which possibility will be correct?
$BTC
#BTC☀
See original
Having shill is definitely scooping!
LIVEXN - Xuyên Nguyễn
--
Taiko, a project announced as the first zkEVM running on Ethereum and supported by Vitalik for direct building and direct shilling. So what's hot about this project? Personally, I'm quite bullish on this one. I already have a detailed analysis on X because it's quite long so posting it here is a bit inconvenient.
Full link: https://x.com/xuyennguyen84/status/1805949088472658320?s=46
#Taiko
Full link: https://x.com/xuyennguyen84/status/1805949088472658320?s=46
#Taiko
See original
It's hard to sleep at night and focus on gamefi: the bright names of gamefi this season are being dragged along by the general adjustment of the market, besides there are still some existing projects that are subsidized to buy.
Personally, I'm still waiting for $PIXEL and a clear signal from $RONIN , but from the perspective of an investor instead of a builder, I think everyone should take a look at these three projects: with the leader of gamefi candidate we have $BIGTIME, a short row (if you find a bright spot, you can put it in Hidden gems) has $MNTC - Minativerse and $VIRTUAL - Virtual protocol.
There are projects that are receiving a lot of attention such as Backwood, Kaidro, Beacon. For people with insufficient knowledge about defi as well as other types of web3 products/services, I will choose projects with liquidity at CEX. This season really doesn't have enough time to be able to work and learn things about blockchain, web3, defi, etc. It's really overwhelming.
#Gamefi
Personally, I'm still waiting for $PIXEL and a clear signal from $RONIN , but from the perspective of an investor instead of a builder, I think everyone should take a look at these three projects: with the leader of gamefi candidate we have $BIGTIME, a short row (if you find a bright spot, you can put it in Hidden gems) has $MNTC - Minativerse and $VIRTUAL - Virtual protocol.
There are projects that are receiving a lot of attention such as Backwood, Kaidro, Beacon. For people with insufficient knowledge about defi as well as other types of web3 products/services, I will choose projects with liquidity at CEX. This season really doesn't have enough time to be able to work and learn things about blockchain, web3, defi, etc. It's really overwhelming.
#Gamefi
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So $BLAST has started to be liquidated on CEXs, list price is $0.0247, Mcap list is more than $400M, vol list is more than $800M. The important thing is that Upbit is the place with the highest volume 🤔
There's something wrong with $BLAST. When it first appeared, I remember it raised capital and had a very high valuation. The backers were quite large and crowded. That's why $BLAST is called L2's rich product.
But currently on basic raised websites there is only $20M coming from a few funds and angel investors. Not to mention the vesting unlock for the team/fund until the end of June 2025. During the last OTC round, there was a huge discharge, some people reached the top of the OTC when the price divided more than 100 times.
This pressure can hardly be considered a release from retail, so I will examine the data specifically and update later. In short, in the early stages there will be quite a large downward pressure.
#BLAST
There's something wrong with $BLAST. When it first appeared, I remember it raised capital and had a very high valuation. The backers were quite large and crowded. That's why $BLAST is called L2's rich product.
But currently on basic raised websites there is only $20M coming from a few funds and angel investors. Not to mention the vesting unlock for the team/fund until the end of June 2025. During the last OTC round, there was a huge discharge, some people reached the top of the OTC when the price divided more than 100 times.
This pressure can hardly be considered a release from retail, so I will examine the data specifically and update later. In short, in the early stages there will be quite a large downward pressure.
#BLAST
See original
Taiko, a project announced as the first zkEVM running on Ethereum and supported by Vitalik for direct building and direct shilling. So what's hot about this project? Personally, I'm quite bullish on this one. I already have a detailed analysis on X because it's quite long so posting it here is a bit inconvenient.
Full link: https://x.com/xuyennguyen84/status/1805949088472658320?s=46
#Taiko
Full link: https://x.com/xuyennguyen84/status/1805949088472658320?s=46
#Taiko
See original
It's been a long time since I've drawn anything with charts or ptkt. Now I'm so itchy that I have to temporarily draw views like this.
This is one of the views I quite expect, in the third quarter of 2024 is the time of the traditional market, so I personally must have a specific plan for this case:
- What if $BTC falls in the $50K - $52K range?
That's it, views are like that, lots of calculations are like that, but this is the view $BTC , I don't know about altcoins, I'm running out of money @@
#BTC☀
#Bitcoin
#Crypto
#CryptoCurrency
This is one of the views I quite expect, in the third quarter of 2024 is the time of the traditional market, so I personally must have a specific plan for this case:
- What if $BTC falls in the $50K - $52K range?
That's it, views are like that, lots of calculations are like that, but this is the view $BTC , I don't know about altcoins, I'm running out of money @@
#BTC☀
#Bitcoin
#Crypto
#CryptoCurrency
See original
SELF-KNOWLEDGE AND SELF-INCENSENESS ARE SEPARATE BY A VERY THIN BOUNDARIES!
_____________________________________________
✍🏻 In this month of May, the month when people talk about the hidden pressure in the Crypto market being "Sell in May", I received a lot of luck as well as priceless gifts that have nothing to measure. Okay.
. The market before Bitcoin Halving for me is an unknown with so much volatility that I can't view everything for more than 2 months. But since the Halving, I can feel all the plans MM is preparing to appear more clearly.
. After one night of putting everything together, I realized that I had been wrong for the past 4 months. Hoping, waiting for "reverse waves" and thinking about it is also an unreasonable criticism. I've missed out on the strengths of the mixed tea style because of FOMO all the time.
. Even though I was warned by a friend that it might stay quiet until the end of May, I didn't consider the underlying reason. The recent adjustment in mid-April is the clearest proof. It's clear that I can read the moves, clearly have enough data and information, but the conclusion misses the most important point.
. In the last two days of May, I will restructure my entire portfolio to focus mainly on stablecoins, keeping only $OP and $STRK , then calculate the appropriate DCA ratio according to the set timing. This season, I only choose Layer2 for the medium - long term. In addition to waiting for zksync, taiko, eigenlayer, I am still aiming for $ACH, an old but new choice is $LDO , the rest are all short-term (instead of memes).
📍 Correct where there is a mistake. Correct it until it is right.
_____________________________________________
✍🏻 In this month of May, the month when people talk about the hidden pressure in the Crypto market being "Sell in May", I received a lot of luck as well as priceless gifts that have nothing to measure. Okay.
. The market before Bitcoin Halving for me is an unknown with so much volatility that I can't view everything for more than 2 months. But since the Halving, I can feel all the plans MM is preparing to appear more clearly.
. After one night of putting everything together, I realized that I had been wrong for the past 4 months. Hoping, waiting for "reverse waves" and thinking about it is also an unreasonable criticism. I've missed out on the strengths of the mixed tea style because of FOMO all the time.
. Even though I was warned by a friend that it might stay quiet until the end of May, I didn't consider the underlying reason. The recent adjustment in mid-April is the clearest proof. It's clear that I can read the moves, clearly have enough data and information, but the conclusion misses the most important point.
. In the last two days of May, I will restructure my entire portfolio to focus mainly on stablecoins, keeping only $OP and $STRK , then calculate the appropriate DCA ratio according to the set timing. This season, I only choose Layer2 for the medium - long term. In addition to waiting for zksync, taiko, eigenlayer, I am still aiming for $ACH, an old but new choice is $LDO , the rest are all short-term (instead of memes).
📍 Correct where there is a mistake. Correct it until it is right.
See original
📍 Thread 7
4️⃣ SUMMARY
✍🏻 Putting everything together, I have a summary to send to everyone:
- Don't rush to buy $ETH or altcoins or any other coin/token this month. Always leave a portion for stablecoins, keeping money is more difficult than earning money
- If you want to buy anything, wait for three times: mid-June, late August and early September. Of course it will depend on market fluctuations.
- Circle an area where you can analyze that it will explode, choose one with potential leader, choose one more hidden gems. Then follow closely every day and wait for the sweet spots.
- If you want to invest in something, you have to find out first. With ETFs appearing this year, it is even more certain that you cannot live in the Crypto market if you do not pay attention to macro.
_____________________________________________
✍🏻 Everyone is invited to discuss. Remember to read from thread 1 -> 7 in order
Thank you for reading!
#ETHUSDT.
#ETFs
#Ethereum✅
#EthereumETF
4️⃣ SUMMARY
✍🏻 Putting everything together, I have a summary to send to everyone:
- Don't rush to buy $ETH or altcoins or any other coin/token this month. Always leave a portion for stablecoins, keeping money is more difficult than earning money
- If you want to buy anything, wait for three times: mid-June, late August and early September. Of course it will depend on market fluctuations.
- Circle an area where you can analyze that it will explode, choose one with potential leader, choose one more hidden gems. Then follow closely every day and wait for the sweet spots.
- If you want to invest in something, you have to find out first. With ETFs appearing this year, it is even more certain that you cannot live in the Crypto market if you do not pay attention to macro.
_____________________________________________
✍🏻 Everyone is invited to discuss. Remember to read from thread 1 -> 7 in order
Thank you for reading!
#ETHUSDT.
#ETFs
#Ethereum✅
#EthereumETF
LIVEXN - Xuyên Nguyễn
--
📍 Thread 6
✍🏻 Based on the cyclicality and data mentioned in previous articles, the timing of Q2/2024 is Bitcoin season (why, please re-read the specific data mentioned). In Defi market, there is a view that $ETH growth this season will be lower than $BTC and this view also has very reasonable data (although the process is $BTC increases by 40%-60%, $ETH will increase $80%- 100% or more).
. With the above opinions + the story of $BTC ETF + updated data in previous articles, I am even more confident that this Q2/2024 is $BTC season. Since it's $BTC season, the ratio of $ETH and altcoin sw or even the correction still exists is not small.
✍🏻 Another timing for the year 2024 as a whole is that Q3/2024 is the time of the traditional financial market. When huge cash flows escape from banks and areas such as economics or society, it will be spread evenly to traditional financial markets.
. With the correlation of macro with Crypto, the initial phase of the explosive growth wave of traditional finance will also be a short-term adjustment for Crypto.
. This exists because part of the cash flow in Crypto will be FOMO due to the boom of traditional finance. So when part of this cash flow escapes from Crypto, it will cause a short-term adjustment.
✍🏻 Given the timing for Q2 to be the Bitcoin season, Q3 to be the time of traditional finance, we cannot ignore this year's Q4 which is the Altcoin season. Just string together all the data I've mentioned and you'll see, or if you're too lazy, you can compare the cycles of previous uptrend seasons and you'll see.
✍🏻 Based on the cyclicality and data mentioned in previous articles, the timing of Q2/2024 is Bitcoin season (why, please re-read the specific data mentioned). In Defi market, there is a view that $ETH growth this season will be lower than $BTC and this view also has very reasonable data (although the process is $BTC increases by 40%-60%, $ETH will increase $80%- 100% or more).
. With the above opinions + the story of $BTC ETF + updated data in previous articles, I am even more confident that this Q2/2024 is $BTC season. Since it's $BTC season, the ratio of $ETH and altcoin sw or even the correction still exists is not small.
✍🏻 Another timing for the year 2024 as a whole is that Q3/2024 is the time of the traditional financial market. When huge cash flows escape from banks and areas such as economics or society, it will be spread evenly to traditional financial markets.
. With the correlation of macro with Crypto, the initial phase of the explosive growth wave of traditional finance will also be a short-term adjustment for Crypto.
. This exists because part of the cash flow in Crypto will be FOMO due to the boom of traditional finance. So when part of this cash flow escapes from Crypto, it will cause a short-term adjustment.
✍🏻 Given the timing for Q2 to be the Bitcoin season, Q3 to be the time of traditional finance, we cannot ignore this year's Q4 which is the Altcoin season. Just string together all the data I've mentioned and you'll see, or if you're too lazy, you can compare the cycles of previous uptrend seasons and you'll see.
See original
📍 Thread 6
✍🏻 Based on the cyclicality and data mentioned in previous articles, the timing of Q2/2024 is Bitcoin season (why, please re-read the specific data mentioned). In Defi market, there is a view that $ETH growth this season will be lower than $BTC and this view also has very reasonable data (although the process is $BTC increases by 40%-60%, $ETH will increase $80%- 100% or more).
. With the above opinions + the story of $BTC ETF + updated data in previous articles, I am even more confident that this Q2/2024 is $BTC season. Since it's $BTC season, the ratio of $ETH and altcoin sw or even the correction still exists is not small.
✍🏻 Another timing for the year 2024 as a whole is that Q3/2024 is the time of the traditional financial market. When huge cash flows escape from banks and areas such as economics or society, it will be spread evenly to traditional financial markets.
. With the correlation of macro with Crypto, the initial phase of the explosive growth wave of traditional finance will also be a short-term adjustment for Crypto.
. This exists because part of the cash flow in Crypto will be FOMO due to the boom of traditional finance. So when part of this cash flow escapes from Crypto, it will cause a short-term adjustment.
✍🏻 Given the timing for Q2 to be the Bitcoin season, Q3 to be the time of traditional finance, we cannot ignore this year's Q4 which is the Altcoin season. Just string together all the data I've mentioned and you'll see, or if you're too lazy, you can compare the cycles of previous uptrend seasons and you'll see.
✍🏻 Based on the cyclicality and data mentioned in previous articles, the timing of Q2/2024 is Bitcoin season (why, please re-read the specific data mentioned). In Defi market, there is a view that $ETH growth this season will be lower than $BTC and this view also has very reasonable data (although the process is $BTC increases by 40%-60%, $ETH will increase $80%- 100% or more).
. With the above opinions + the story of $BTC ETF + updated data in previous articles, I am even more confident that this Q2/2024 is $BTC season. Since it's $BTC season, the ratio of $ETH and altcoin sw or even the correction still exists is not small.
✍🏻 Another timing for the year 2024 as a whole is that Q3/2024 is the time of the traditional financial market. When huge cash flows escape from banks and areas such as economics or society, it will be spread evenly to traditional financial markets.
. With the correlation of macro with Crypto, the initial phase of the explosive growth wave of traditional finance will also be a short-term adjustment for Crypto.
. This exists because part of the cash flow in Crypto will be FOMO due to the boom of traditional finance. So when part of this cash flow escapes from Crypto, it will cause a short-term adjustment.
✍🏻 Given the timing for Q2 to be the Bitcoin season, Q3 to be the time of traditional finance, we cannot ignore this year's Q4 which is the Altcoin season. Just string together all the data I've mentioned and you'll see, or if you're too lazy, you can compare the cycles of previous uptrend seasons and you'll see.
LIVEXN - Xuyên Nguyễn
--
📍 Thread 5
✍🏻 Another positive aspect is that in terms of the long term and the nature of the ETF, when funds collect $ETH to issue $ETH ETF, it can be assumed that the price of $ETH will grow in the long term when traditional cash flows connect with $ETH through $ETH ETF. Look at the $BTC ETF from the day it was approved until now.
✍🏻 Another story is that there are rumors that Gary Gensler turned the wheel due to political pressure, but recall that before approving the $BTC ETF, he was bluntly threatened in the meeting that if he did not approve, the The congressman will retire him. So it's not a rumor.
✍🏻 Right after the approval of the 19b-4 file, there was an article in The Wall Street newspaper about the SEC expanding Crypto investment options. After many years of struggle, the villain also had to change, this effect is really very happy.
3️⃣ NEGATIVE SIDE
✍🏻 Looking at the Ethereum ETF's 19b-4 filing approval story, we can see a coincidence with the Bitcoin ETF period. Specific evidence is that when there was news of approval, the price line did not react. An hour or two later, $BTC and $ETH had opposite trends when $BTC increased slightly to $68K while $ETH decreased and retested below $3K7.
. With such a signal, it can cause a lot of disappointment for $ETH holders, from which they will gradually sell out in the short term, leading to $ETH having a swishing and decreasing trend similar to $BTC.
✍🏻 This approval is also very good news for the market, and when good news appears it will be accompanied by a large sale. Because the "Buy rumous Sell news" school always exists in the market in a fair amount and they just wait for these passages to take profits.
✍🏻 Another positive aspect is that in terms of the long term and the nature of the ETF, when funds collect $ETH to issue $ETH ETF, it can be assumed that the price of $ETH will grow in the long term when traditional cash flows connect with $ETH through $ETH ETF. Look at the $BTC ETF from the day it was approved until now.
✍🏻 Another story is that there are rumors that Gary Gensler turned the wheel due to political pressure, but recall that before approving the $BTC ETF, he was bluntly threatened in the meeting that if he did not approve, the The congressman will retire him. So it's not a rumor.
✍🏻 Right after the approval of the 19b-4 file, there was an article in The Wall Street newspaper about the SEC expanding Crypto investment options. After many years of struggle, the villain also had to change, this effect is really very happy.
3️⃣ NEGATIVE SIDE
✍🏻 Looking at the Ethereum ETF's 19b-4 filing approval story, we can see a coincidence with the Bitcoin ETF period. Specific evidence is that when there was news of approval, the price line did not react. An hour or two later, $BTC and $ETH had opposite trends when $BTC increased slightly to $68K while $ETH decreased and retested below $3K7.
. With such a signal, it can cause a lot of disappointment for $ETH holders, from which they will gradually sell out in the short term, leading to $ETH having a swishing and decreasing trend similar to $BTC.
✍🏻 This approval is also very good news for the market, and when good news appears it will be accompanied by a large sale. Because the "Buy rumous Sell news" school always exists in the market in a fair amount and they just wait for these passages to take profits.
See original
📍 Thread 5
✍🏻 Another positive aspect is that in terms of the long term and the nature of the ETF, when funds collect $ETH to issue $ETH ETF, it can be assumed that the price of $ETH will grow in the long term when traditional cash flows connect with $ETH through $ETH ETF. Look at the $BTC ETF from the day it was approved until now.
✍🏻 Another story is that there are rumors that Gary Gensler turned the wheel due to political pressure, but recall that before approving the $BTC ETF, he was bluntly threatened in the meeting that if he did not approve, the The congressman will retire him. So it's not a rumor.
✍🏻 Right after the approval of the 19b-4 file, there was an article in The Wall Street newspaper about the SEC expanding Crypto investment options. After many years of struggle, the villain also had to change, this effect is really very happy.
3️⃣ NEGATIVE SIDE
✍🏻 Looking at the Ethereum ETF's 19b-4 filing approval story, we can see a coincidence with the Bitcoin ETF period. Specific evidence is that when there was news of approval, the price line did not react. An hour or two later, $BTC and $ETH had opposite trends when $BTC increased slightly to $68K while $ETH decreased and retested below $3K7.
. With such a signal, it can cause a lot of disappointment for $ETH holders, from which they will gradually sell out in the short term, leading to $ETH having a swishing and decreasing trend similar to $BTC.
✍🏻 This approval is also very good news for the market, and when good news appears it will be accompanied by a large sale. Because the "Buy rumous Sell news" school always exists in the market in a fair amount and they just wait for these passages to take profits.
✍🏻 Another positive aspect is that in terms of the long term and the nature of the ETF, when funds collect $ETH to issue $ETH ETF, it can be assumed that the price of $ETH will grow in the long term when traditional cash flows connect with $ETH through $ETH ETF. Look at the $BTC ETF from the day it was approved until now.
✍🏻 Another story is that there are rumors that Gary Gensler turned the wheel due to political pressure, but recall that before approving the $BTC ETF, he was bluntly threatened in the meeting that if he did not approve, the The congressman will retire him. So it's not a rumor.
✍🏻 Right after the approval of the 19b-4 file, there was an article in The Wall Street newspaper about the SEC expanding Crypto investment options. After many years of struggle, the villain also had to change, this effect is really very happy.
3️⃣ NEGATIVE SIDE
✍🏻 Looking at the Ethereum ETF's 19b-4 filing approval story, we can see a coincidence with the Bitcoin ETF period. Specific evidence is that when there was news of approval, the price line did not react. An hour or two later, $BTC and $ETH had opposite trends when $BTC increased slightly to $68K while $ETH decreased and retested below $3K7.
. With such a signal, it can cause a lot of disappointment for $ETH holders, from which they will gradually sell out in the short term, leading to $ETH having a swishing and decreasing trend similar to $BTC.
✍🏻 This approval is also very good news for the market, and when good news appears it will be accompanied by a large sale. Because the "Buy rumous Sell news" school always exists in the market in a fair amount and they just wait for these passages to take profits.
LIVEXN - Xuyên Nguyễn
--
📍 Thread 4
. Layer2:
- After Ethereum upgraded the DeCUN version, the vast majority of beneficiaries were Layer2 because it mainly reduced fees for L2. Although the price line of this segment is still sluggish, all other indicators are growing as I shared before, especially users.
- Another aspect, according to analysis, when Layer2 benefits like that, leading to more and more L2, it will help Ethereum deflate (the average inflation rate of $ETH is $2.5B/year).
- From there, it can be seen that the relationship between L2 and $ETH here is a development resonance that promotes mutual cross-promotion. When $ETH ETF stabilizes trading -> $ETH price increases -> parallel growth of L2.
. RWA, Payment:
- $ETH is the leader of altcoin, also the representative face of altcoin connected to the traditional market, and can also be understood as a bridge for the huge cash flow out there to impact the altcoin wave.
- Traditional financial markets are associated with the concept of real-world assets, which is also RWA. The essence of RWA is simply tokenization, the token fragments other types of assets and uses altcoins to buy.
- Buying a tokenized asset other than Crypto is closely related to the Payment segment because currently, in addition to $BTC and stablecoins, only the Payment segment can accept payments in even a very small area. .
- As an example of this, just look at BlackRock with $ONDO to see, BlackRock is also an Ethereum ETF filing fund (deadline is early August), with an ETF approval rate of up to 99.98% (577/ 578). BlackRock again through Circle and the BUILD fund to pour money into $ONDO.
. Layer2:
- After Ethereum upgraded the DeCUN version, the vast majority of beneficiaries were Layer2 because it mainly reduced fees for L2. Although the price line of this segment is still sluggish, all other indicators are growing as I shared before, especially users.
- Another aspect, according to analysis, when Layer2 benefits like that, leading to more and more L2, it will help Ethereum deflate (the average inflation rate of $ETH is $2.5B/year).
- From there, it can be seen that the relationship between L2 and $ETH here is a development resonance that promotes mutual cross-promotion. When $ETH ETF stabilizes trading -> $ETH price increases -> parallel growth of L2.
. RWA, Payment:
- $ETH is the leader of altcoin, also the representative face of altcoin connected to the traditional market, and can also be understood as a bridge for the huge cash flow out there to impact the altcoin wave.
- Traditional financial markets are associated with the concept of real-world assets, which is also RWA. The essence of RWA is simply tokenization, the token fragments other types of assets and uses altcoins to buy.
- Buying a tokenized asset other than Crypto is closely related to the Payment segment because currently, in addition to $BTC and stablecoins, only the Payment segment can accept payments in even a very small area. .
- As an example of this, just look at BlackRock with $ONDO to see, BlackRock is also an Ethereum ETF filing fund (deadline is early August), with an ETF approval rate of up to 99.98% (577/ 578). BlackRock again through Circle and the BUILD fund to pour money into $ONDO.
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