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JW100x
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Day 5 of DCA long $
ETH
$3,000 this week, $4,000 before EOM
#ETH
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Most of you are far better traders than James Wynn And even he got to $100M Lock in
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We do a little compounding Buying any dips here
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Everyone crying about ETH OI needs a serious reality check This isn't 2019 anymore where all you had to worry about was Binance orderflow, there are numerous different variables that now go into aggregated OI that make it really challenging to get an accurate picture Yes, there is a shit load of OI build up, while price is up a lot, that isn't retail buying I can tell you that much, it's positioning for a much larger move(this can be long/short/hedge/basis/Ethena/etc) The setup is there, the buying is there, and price is going up with that buying Stop overthinking it
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Everyone crying about ETH Open Interest needs a serious reality check This isn't 2019 anymore where all you had to worry about was Binance orderflow, there are numerous different variables that now go into aggregated OI that make it really challenging to get an accurate picture Yes, there is a shit load of OI build up, while price is up a lot, that isn't retail buying I can tell you that much, it's positioning for a much larger move(this can be long/short/hedge/basis/Ethena/etc etc etc The setup is there, the buying is there, and price is going up with that buying Stop overthinking it
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For the inevitable alt season to occur, you need a $4,000 ETH And that is exactly why it is programmed to occur Staircase down, elevator up $ETH
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