$ETH – bounce looks weak, sellers still in control Short $ETH Entry: 2,260 – 2,320 SL: 2,395 TP1: 2,200 TP2: 2,120 TP3: 2,000 The push higher stalled quickly and sell pressure showed up on the first bounce, suggesting this move is corrective rather than a trend shift. Momentum is rolling over again and buyers aren’t getting acceptance above this zone, keeping downside continuation in play. Trade $ETH ETH here 👇
Satoshi has not sold any Bitcoin, ever. The last transfer out of his wallets was 16 years ago.
He is the best performing individual in crypto with a profit of $86 BILLION USD. He is the 22nd richest person in the world, and has never sold a single coin.
GOLD WAS DOWN 13% SILVER WAS DOWN 36% BTC WAS DOWN 25% BANKS ARE CRASHING
THE QUESTION IS WHERE'S THE MONEY FLOWING TO?
HERE IS WHAT'S HAPPENING:
Last few days wiped out almost $13T from the markets, which is one of the biggest wipeouts EVER in history
But usually when it happens with one market, another gets liquidity and this time it's different
What might be the cause:
- Bank crashing - New FED chair Kevin Warsh - Stock market chaos
As for me, all of those brought us here, creating less liquidity, tigher monetory policy and less support for risk assets
Most interesting that again thousands of insiders knew about this crash long ago before FED chair announcement, etc
Despite all of that, I think we might have a great buy opportunity soon, let me explain why not now:
Rn it's more like a gamble, we can go lower from here, I see BTC lows somewhere at $70K cause we still have targets to take out below
I don't believe that ETH will be down under $2k, so I'll buy somewhere at those levels
Remember that the best opportunity to buy comes when everyone is in fear, that was back in 10.10 crash, rn and every time
So short term I'd expect more volatility and probably further dump, follow me and turn notifs on cause I'll keep posting market updates daily $BTC #StrategyBTCPurchase #WhenWillBTCRebound