Bitcoin TVL versus ETH TVLI just noticed that the Bitcoin TVL ( total Value Locked ) is just below where it was on the Nov 2021 ATH and yet the current Price of Bitcoin is less than Half what the ATH price was
Mean while on the ETH TVL chart, it is a very different story
Could it be that sentiment for ETH is Low with the Fork coming in ?
But Bitcoin is certainl leading the way and the show of strength there is undeniable
BTC_TVL trade ideas
Bitcoin Bullish ? YES
To put it simply, “total value locked” represents the number of assets that are currently being staked in a specific protocol: this value is not meant to represent the number of outstanding loans, but rather the total amount of underlying supply that is being secured by a specific application completely.
And it has broken through long term resistance and is about to test support
This very clearly shows Good sentiment despite the continued "attacks" by SEC and other USA based Financial organisations
BITCOIN IS GLOBAL, simpley that and so is not placed under the controlling umbrella of a monopoly . THAT is the strength of BITCOIN and people can see that
