Point of the view by kang, who is kang? Please refer to my post before. Do you agree with this view?
LIVEUi-Chain
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ETH heading close to $3600 pre-ETF on this relief rally
Still believe ETHBTC will be down for a while after ETF approval/launch
BTC stronger than anticipated in the face of poor market structure dynamics leads me to believe that there are likely some unannounced major developments being front-run. Potentially:
- Major new market entrants (Dell?)
- China softening of crypto policy/ETF introduction
- Other major Nation-state level moves towards embracing BTC (USGov?)
If so, then we may have bottomed at my initial estimate of low $50ks and invalidated on revised estimate of $40ks
Most alts still stand to only make lower highs on this rally, with the exception of few strong memecoins (Mog, Popcat, Apu)
Still believe ETHBTC will be down for a while after ETF approval/launch
BTC stronger than anticipated in the face of poor market structure dynamics leads me to believe that there are likely some unannounced major developments being front-run. Potentially:
- Major new market entrants (Dell?)
- China softening of crypto policy/ETF introduction
- Other major Nation-state level moves towards embracing BTC (USGov?)
If so, then we may have bottomed at my initial estimate of low $50ks and invalidated on revised estimate of $40ks
Most alts still stand to only make lower highs on this rally, with the exception of few strong memecoins (Mog, Popcat, Apu)
Felelősségkorlátozó nyilatkozat: Harmadik felek véleményét tartalmazza. Nem minősül pénzügyi tanácsnak. Szponzorált elemet tartalmazhat. Lásd a Feltételeket.
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