“The downtrend we have seen in ETH over the past month has been very common in the past. It was a five-wave downside correction followed by an explosive up move. If last week was not the final sprint, this week was. In any case, we are very close to the end of this corrective phase…”
“These patterns are not only visible on ETH but also on most other tokens, which makes them very striking…”
"This is a refreshing pause. Check your brains at the door, because things are about to get a little crazy..."
When you put all our work on Everything Code together:
The USD liquidity story, the Fed net liquidity story, the global liquidity story, the upcoming rate cut story, the Bitcoin halving, the US presidential election cycle and the trade thaw with China, then staring at the 100+ macro/market charts included in the May GMI report, there is only one conclusion to draw. Buckle up, it’s going to be one hell of a ride…
