What's up gang
With great sadness I report to you today with bullish news. I'm typically a trigger happy bear (in bear markets of course) but this ETH merger news is a perfect storm for a much needed relief rally. After all, MMs know they need to catch retail off-guard. Sentiment seems mixed at the moment. I believe it's highly probable ETH leads the market into September for a 'sell the news' event.
We've seen price push up for weeks on big ETH news events in the past, and this seems to be no different.
That being said I think Alts will gain strength the next few weeks for some easy dough before BTC/ETH make their macro Lower High, and push down for another leg to 2022 lows.
If you're going to play alts these next few weeks it's prudent to pick the shiniest - MATIC is one of them in my opinion.
1) still has a retail cult following
2) big mover in the past
3) very due for a sentiment changing leg up
I feel it in my gut that tides are shifting. It won't be long before we resume carnage and everyone is in despair (again). Let's convince retail that the bear market is over, commence a face melting pump, and dump on them just like we always do.
Clockwork.
NFA and Happy Trading.
With great sadness I report to you today with bullish news. I'm typically a trigger happy bear (in bear markets of course) but this ETH merger news is a perfect storm for a much needed relief rally. After all, MMs know they need to catch retail off-guard. Sentiment seems mixed at the moment. I believe it's highly probable ETH leads the market into September for a 'sell the news' event.
We've seen price push up for weeks on big ETH news events in the past, and this seems to be no different.
That being said I think Alts will gain strength the next few weeks for some easy dough before BTC/ETH make their macro Lower High, and push down for another leg to 2022 lows.
If you're going to play alts these next few weeks it's prudent to pick the shiniest - MATIC is one of them in my opinion.
1) still has a retail cult following
2) big mover in the past
3) very due for a sentiment changing leg up
I feel it in my gut that tides are shifting. It won't be long before we resume carnage and everyone is in despair (again). Let's convince retail that the bear market is over, commence a face melting pump, and dump on them just like we always do.
Clockwork.
NFA and Happy Trading.