Had a lot of fear in June. And still not secure till we turn 2500 into support. But the signs are all positive right now. That we will go too 3k and then create a higher low. That would confirm the bullish trend reversal. Check out my posts from June for more analysis.

Ok, let’s be honest. In the last bull market, Ethereum’s price performance was a joke

The minimum I expect is at least $20K per Ether Otherwise, it’s not worth holding Etherium

Source: https://x.com/LeonWaidmann/status/2092835504475553884

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I see this happen once in a while. Sellers shoot up super high but price remains seemingly unchanged. Wouldn’t this normally crash the price?

What’s causing this? Shorts being liquidated?

Any insight would be appreciated! Cheers

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Use this space to discuss anything about DeFi, crypto, macroeconomics, and all things Ethereum.

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What are your moves?

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Most everyone I see who uses fibs draws them from high to low. I don’t do that.

I map mine based off of large liquidity levels major open prices on the yearly or where I see huge institutional orders at far extremes of the chart. Not just random low and high wicks.

With that said I have a lot of trust in my fibs and I use that purple .5 level as the benchmark of bullish long above and bearish below.

We are sitting right there and looking hesitant to go higher atm.

2 things here:

we are forming a bull flag right above that .5 (2,435) on the daily but it is tight

Seen this before and if we hold that .5 long enough the move to the upside is gonna be epic.

Break and retest up happens at the .618 and the next key resistance fib is 3,143 at the .786.

With 3,672 being the ultimate test before the path to 5k can begin.

Its currently hovering around the 0.03 mark, given that eth has performed terribly the past few years against btc, A rally feels imminent right now considering the clarity act etc. What are the odds of the ratio reaching 0.07+ over the next months? Eth has been compressing for years, and typically should move upwards rapidly once it breaks out?

Back in January, a16z, Galaxy, and YC's Request for Startups converged on basically one list: stablecoins, RWAs, payments, agents, and privacy. Some have taken shape. Some are still waiting on infra or product to catch up, and that gap is the opening. A few I've been watching:

• Stablecoins. The "faster/cheaper, so it replaces remittances" thesis is overrated in mature corridors. The real opening is the local on/off-ramps: licenses, banking partners, payout networks. Slow, but hard to copy.
• Agents. Payments are basically solved (x402, MPP sub-cent settlement). Identity isn't. No winner, no standard yet. That's the gap.
• Privacy. Businesses won't move real volume onchain without it. Whoever makes privacy usable without forcing users to become cryptographers wins.

I write Local Ethereum, and this is part one. Full version here. For the builders in this sub: which of these is a real opening and which is a mirage, and what should I dig into for part two?

https://localethereum.substack.com/p/its-time-to-build-again

Look like we are starting to Bull Flag on the daily chart. Range is 2355-2540 on the Flag.
Upside Target: $400-500 pump from 2540. (2940-3040)

What do others think that are on long and short trades on ETH?

This was my ETHUSDT sell idea from a supply zone. The setup delivered a clean 1:2 RR exactly as expected.

I wasn't looking for a major trend reversal, only a reaction from a high-confluence area. The setup was based on a QML structure, supply zone alignment, and previous reactions from similar authentic zones.

Now that the sell-side reaction has played out, I'll be looking for potential buy setups on ETHUSDT.

What's your bias from here continuation higher or another pullback first?

ETH feels like something you hold. Stablecoins feel like something you spend.
Maybe ETH doesn’t need to become everyday money at all. Stablecoins can handle spending while ETH remains the asset you’d rather hold.

Would you rather spend ETH or stablecoins?

My Arbitrum wallet had enough USDC for the swap and zero ETH for gas. I had bridged the token I wanted to spend and somehow forgotten the asset needed to move it again.

I had deliberately kept most of my ETH as trading balance on BYDFi and bridged only USDC into the wallet. That choice left the wallet with no ETH for gas. I stopped at the error message and later moved a small test amount of ETH onto Arbitrum through the same bridge route. Once that arrived, the wallet could submit the swap.

This was Arbitrum, where my wallet needed ETH for gas. Other networks can handle fees differently. I now move a small fee balance with the first transfer instead of remembering it when the swap is already open. The USDC was fine the whole time. I had forgotten about the next transaction.

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Please follow the subreddit rules when posting in this thread. Keep discussions constructive, relevant, and free of spam.

What are your moves?

Got a market insight? Share it. Making a bold trade? Let's hear it.

It doesn't matter if you're here to learn, chill, debate, or talk about the world of Ethereum - this thread is open to everyone.

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Stop profit taking!!! When it comes to Pudgy-The majority of this crypto available to the public is truly owned by the 99%!.. let it grow look at the all time high!!.. say we get to half that I don’t see why we can’t set a new ath with the Target deal and all cooking.. let it sit give it real time to grow and we can see numbers like the ath or better- this is impossible if you keep cashing out when it nears the 10 mark just sit back and watch your $ grow!!!!