Blaze

@blazey

31 Following

114 Followers

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this is ur last chance to buy eth above 1800

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The funny and ironic thing about crypto is, In "the moment" everything feels extremely tedious and lengthy. I was speaking to a friend the other day about the BTC bottom at 16K. I remember it feeling like FOREVER. It felt like BTC was trading at 16K for a lifetime. That's also what made all the macro doomers call for 10K on repeat: Because how could a "bottom" form like that? Allowing everyone ENDLESS TIME then and there to scoop it up? But when you look back to it, It really wasn't THAT long. It just FELT long. I truly believe we'll look back at this "Trump tariff shitshow" and reflect on how he gave us an insane opportunity to buy things on discount before running it back. As an example, ETH has only traded [chopped around] at 1500-1600~ for 2 weeks give or take. Other alts as a whole are very similar too. Not to say you can't keep short exposure/hedges on complete dogshit that are relatively weak. But it pays to be a long-term bull.

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For further context, this is ETH vs BTC chart, most of your alt coins mirror the price movement of $Eth and not $BTC. For them to get a good rally, Ethereum need to start gaining strength against Bitcoin. Only when that starts happening can we really get a good alt rally.

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A wallet linked to the Ethereum Foundation deposited 1,000 $ETH($1.58M) to Kraken an hour ago. This wallet received 84,513 $ETH($134M now) from the Ethereum Foundation 10 years ago, when the price of $ETH was ~$1.2. https://intel.arkm.com/explorer/address/0xddBd2B932c763bA5b1b7AE3B362eac3e8d40121A

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Study those coins which have shown immense strength in the recent downtrend.. here are some of them

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A good start of the week, as $ETH is +4% against Bitcoin. The ultimate question whether it will sustain or not, last months it has been giving back the returns in the days after. What to monitor? Gold peaking or not. IF that's the case, then we'll see more strength on $ETH

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$ETH HTF chart clean Not the best overall conditions to be looking for longs but we are close to invalidation again ($1550), so taking another long here with limited drawdown risk and targeting the mid range around $1750-$1800 as a first take profit area. No leverage, just spot $40M USD 30-day rolling volume for marginal profits so far, give the overall picture of how choppy the conditions are currently. Do not try this at home

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If ETH rebounds quickly and outperforms, everyone's gonna mog those who got "psyopsed out of their ETH bags" after being called an idiot for the past 3 years. And if ETH underperforms, the holders will be called idiots for "falling for ETH once again". In both instances, the loudest people who'll be shaming others are the same people who've been shitposting ETH for the past 3 years. Never forget the that people engagement farm whatever the current sentiment is, nothing deeper than that. No one really knows what's going on.

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The burn was never guaranteed. The burn was never promised. Currently, ETH emissions (+0.8%/yr) exceed the burn, meaning Ethereum isn't deflationary right now, but even with net-positive issuance, Ethereum still has the lowest inflation among ALL major blockchain network! This underappreciated advantage makes ETH uniquely sustainable long-term.

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true she is very beautiful

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