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Aeryn 🎩
@aeryn
Bitcoin current price: $104 ,000 Bitcoin is showing signs of weakness despite the bullish news. I initially expected it to hold the VWAP at $101,000. However, after gathering more data, it seems more likely that we’ll lose this support and retest the POC at $97,000 or even lower, below $90,000. Such a scenario could result in a bloodbath for altcoins.
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Queen Peach Cobbler
@queenrulah
Why is Ethereum so weak?
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Aeryn 🎩
@aeryn
To me, Ethereum is mainly being overshadowed by the success of certain Layer 2 solutions and Solana. Beyond Bitcoin, it's important to note that very few cryptocurrencies have managed to survive multiple cycles while consistently hitting new all-time highs. However, if you look at previous cycles, you’ll notice that Ethereum has always lagged slightly behind Bitcoin. Compared to past cycles, there’s nothing alarming for now. I believe Ethereum will continue to perform, but not as much as many people expect. 👋
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Queen Peach Cobbler
@queenrulah
Word. I'm antsy.
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