There have been days when the analyst, who predicted the major decreases in the last few months, was wrong. But today is extremely ambitious. He’s right to be ambitious because there are many analysts who think the same as him. ETHBTC We were writing and warning the mobility in the parity at every opportunity. ETH price was based on 4.040 dollars at the time of the article.
Altcoin bull
ETH price The article rose to $ 4,057 at the time of preparation, and if it started closing over $ 4,100, crypto currency investors may see that one of the most unique bull markets in history has started. After the last major decreases, the Roman Trading said that the summit story was over for ETH.
So what would happen next? The money would flow from BTC to the subcoins, and this process is probably starting according to the previous evaluation.
“We are still moving according to the plan.
We start. “
Many analysts agree with him and he has been suppressed for years ETH price Now it really has to reach the ATH level. It was a long time to have a negative performance against the BTC for more than a thousand days. Moreover, at the point we have come today, we see that a single company has announced its plans to create an ETH reserve of 5 billion dollars. These are not simple things.
Bithedge draws attention to the increase in ETH volume.
“ETH volume is experiencing an explosion upwards,> BTC The volume is increased for 14 days, and the closest event in the past is the reversal in the summer of 2022 (n = 1). This does not necessarily mean a decline tendency, but it would be right to say that the price is trying to digest the high supply. ”
The next stage started
Kyle expresses the current situation. According to him, the next stage may have started. We saw many big and good news. Moreover, not all of them have not yet been reflected in the graphics. For example, yesterday’s 401k approval is only Bitcoin $116,835.04It reflects the potential of tens of billions of dollars of capital entry. Interest interests are expected to begin to land in September and ETF approvals are approaching.
Kyle expresses the following sentences that the transition to the next stage began after the decline triggered by last week’s data.
“BTCAfter Trump’s crypto -friendly executive order, he climbed back to $ 117,000. At the same time, the ratio of short -term investors to long -term investors reached 17.3 %and rose with the return of the momentum. Speculators woke up again. What about long -term belief? Still intact. Are you ready for the next one? “
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.