Today the whole crypto market is shaking because everyone is focused on #CPIWatch. US inflation data came higher than expected.
Right after that data, we saw #EthereumDropsBelow$2500 and panic started. Bitcoin also slipped under $96k.
But smart money is doing opposite. Just today news came that #StriveBuys3311BTCFor$280M, which shows big players are still buying the dip.
On the other side, the market is also worried because #USEthereumETFsSee10StraightDaysOfOutflows is continuing, almost $780M has exited in last 10 days.
Still not everything is red, #OptimismOPRises19.98% today and gave some hope to altcoin holders.
So in my opinion, this CPI fear is short term. What do you think, is this the best time to buy Ethereum below $2500 or should we wait more?
Right after that data, we saw #EthereumDropsBelow$2500 and panic started. Bitcoin also slipped under $96k.
But smart money is doing opposite. Just today news came that #StriveBuys3311BTCFor$280M, which shows big players are still buying the dip.
On the other side, the market is also worried because #USEthereumETFsSee10StraightDaysOfOutflows is continuing, almost $780M has exited in last 10 days.
Still not everything is red, #OptimismOPRises19.98% today and gave some hope to altcoin holders.
So in my opinion, this CPI fear is short term. What do you think, is this the best time to buy Ethereum below $2500 or should we wait more?
