METIS JUMPED 10 PERCENT AND ETHEREUM LAYER TWOS ARE STIRRING AGAIN
ETH is up 2 percent near 2540 and quietly outperforming Bitcoin
When ETH moves the layer twos start sniffing around
METIS just ripped 10 percent with solid volume
Metis is one of the original optimistic rollups with its own ecosystem and sequencer model
The L2 trade has been asleep for months while everyone chased other narratives
But rotations are funny
Money comes back to sectors it left for dead
With ETH showing strength the whole L2 complex is worth watching again
My take as an analyst?
METIS at these levels is a high beta ETH play
If ETH keeps grinding toward 2800 the L2s usually follow with bigger percentage moves
The risk is ETH rolling over and dragging everything with it
I like the setup but I need ETH to hold first
Are Ethereum layer twos about to have their moment again
$METIS
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #EthereumL2
ETH is up 2 percent near 2540 and quietly outperforming Bitcoin
When ETH moves the layer twos start sniffing around
METIS just ripped 10 percent with solid volume
Metis is one of the original optimistic rollups with its own ecosystem and sequencer model
The L2 trade has been asleep for months while everyone chased other narratives
But rotations are funny
Money comes back to sectors it left for dead
With ETH showing strength the whole L2 complex is worth watching again
My take as an analyst?
METIS at these levels is a high beta ETH play
If ETH keeps grinding toward 2800 the L2s usually follow with bigger percentage moves
The risk is ETH rolling over and dragging everything with it
I like the setup but I need ETH to hold first
Are Ethereum layer twos about to have their moment again
$METIS
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #EthereumL2