ETF Approved, but why weren't you more bullish on ETHAll it took was some simple ratio analysis
To long ETH and to realize that the ETF was priced in, with virtually no impact on the market.
Well for now at least.
Spot long, of-course.
I don't trade, nor should 99.9% of people in this market environment.
Wonder why hundreds of millions get liquidated every time and people still ape in, with leverage.
They get rekt. Simple.
The short-medium term market direction is unclear but all I know is my long term bags are doing well and going to the moon for the long-run.
Just zoom out the timeframe
Its going to go up, just hold and have a set outline and quantitative backing
Insilico
Sol Long Since ForeverThe Poor ETH Maxis
Sol is just on a tear
Relative Outperformance is insane
Love to see so many people sidelined when a super high beta asset like SOL, which of course is an easy play just goes on a tear
Now that begs the question
> Is it a leading indicator for the rest of the market
I mean fundamentals are extremely strong quantitatively so...
SPX Dead Cat Bounce ?SPX Higher for Longer?
Dead-Cat Bounce?
Just the Christmas Rally?
Could be a number of things
With FED Liquidity increasing and quantitative easing in the US,
this may be sustained
OR
the 'soft landing' theme that has been thrown around for weeks can just be a good big dose of hopeium
In the realm of seasonality, SPX doesn't perform overly well during the first months of the year, so it is more than likely that once Dec. is over, higher prices wont be pushed day over day.
ATH's ?
So according to me, longer over a short-time horizon but neutral / down on a medium / longer tf.