QT begins on June 15th with FOMC announcement will be very interesting to see how markets react. But looks like many crypto tokens will be going to zero at this rate and really shows how much uninformed retail are still in this market after ETHs drop to $1400. $22k is my first target which will hold since everyone believes 200 MA to magic support. But worst case scenario atm is $11-13k.
There is grayscale spot ETF rumour for July that may give some relief rally a long the way during this down trend.
There is grayscale spot ETF rumour for July that may give some relief rally a long the way during this down trend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.