eth 12-14 updategood evening,,,
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in my last eth update, i scooped it up down here near the lows.
check out that post for more context and an in depth analysis of my overall bias on the entirety of the crypto market:
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this evening, i theorize that we take out the recent low yet again.
pretty much accumulation phase at this point - someone's raiding everyone's stops, stealing their position - likely some bank or entity of size (don't ask me how i know).
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next month around the 18th, i think we bottom out close to the june lows
i don't think the june lows will be breached though, so a very high r\r trade could potentially be taken down there.
(don't get me wrong, the june lows could easily be taken out, so be careful putting too much emphasis on that area).
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once this final dip is completed, i think eth could realistically retrace 70~100% of the entire bear market drop.
sounds wild, i know - but this entity has a bigger plan.
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will touch base in april ~ may (maybe).
✌
