Its possible that this latest liquidity hunt was wave 4 initiation and then we get wave 5 when BTC hits the 48k range which will then give the Alts a turn to pump.
The alternative is that BTC is doing wave 4 as well... but I still feel 47k and above is the target however if its not, then we are doing a macro wave 1 to 2 move.... I just don't think its there yet.
I have been an advocate with Optimism for some time and was lucky enough to get the bottom way back June 22, still holding it.
For now, these are the scenarios I"m thinking it can play out short-term.
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