Last chance to add $GRAY at the best R/R below $2. Momentum | Sykodelic 🔪 on Binance Square

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Last chance to add $GRAY at the best R/R below $2.
Momentum is simply too strong here.
We have @CryptoHass hosting an AMA with the team later today and I'm expecting a very bullish chat filled with lots of exciting topics.
$GRAY is the next $100m+ utility runner and that's that.

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The timeline is in shambles and $GRAY is over here Green on the daily. There isn’t another token rn that can compete with this strength. And for a micro cap? Wild. What do you think happens when markets move higher?

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Altcoins look ready. Everything I'm seeing points to a strong move to the upside next week. If we're going to get lower, it will be from today and Mon/Tues next week... Then full send. Right now sentiment is pretty terrible for alts and the altcoin index is only sitting at 18. The index has been consolidating at the lows for around 3 months. Combine sentiment, OTHERS chart and the altcoin index we can already see Altcoins are at lows, and have been at the lows for some time. With BTC and ETH consolidation very tightly for quite some time, a move is overdue. And I believe it will be a strong one to the upside starting next week.

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$ETH to $16,000 really isn't delusion. It is supported in a fundamental way, as covered yesterday... And also in a technical way. This is a closer look at the $ETH log scale chart, that as you can see, is totally respecting the overall trend of the token. I have overlayed the fractal from last cycle(fractals can only be used as guides), and it perfectly lines up to the target/top area of this 8 year ascending channel. This is not a coincidence... It is the ultimate HTF picture. If you feel the need to discredit this simply because you cannot fathom it, then know you are operating from a place of delusion, not me. Your delusion stems from the emotions of the moment. The notion that because something has not done something for a while, that it isn't possible. If you feel this, the same thing will happen to you when the market is at the top... And you wont be able to imagine that $ETH could have ever been in a deep bear market... Which will cause you to make the wrong decisions then also. I am not saying $ETH WILL go to $16k... What I am saying is that it is not a delusional target, for every reason I have covered over the last two days. To not be prepared for this is unwise.

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Once this stops $ETH is going to ROCKET. Right now, we have the largest amount of institutional inflows into ETH we have seen. Combined with $ETH whale wallets adding, this is most amount of buy pressure seen since 2017. It's Massive. So why is the price steady/down? Because it is being HEAVILY shorted by large funds. Right now, there are record shorts open on $ETH. Why? It is not because they think price will go down. It is quite clear to me that $ETH is being purposefully and aggressively manipulated downwards to give all the big players time to load their bags as low as possible before... - GENIUS act fully finalised - ETH Staking ETF approval And just the overall bullish period of this market where $ETH is about to melt faces. Once these guys are finished loading, the shorts will be closed and the rally will be immense. TLDR: $ETH is a massive beach ball being held underwater whilst having more air added to it every day. At some point soon, it's gonna launch hard.

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BTC.D is as good as topped. I get asked allll the time about "wen dominance drop.... wen alt szn" From my perspective, this is how I see BTC.D right now. This is a pretty large range that begun in July 2017 and holding form still today. At this stage in the cycle, I would not expect BTC.D to break thing range. If we were at an earlier stage in the cycle, sure, we could still push past this range... But BTC is about to undergo its final expansion phase of this cycle, and statistically speaking, this phase is where its dominance begins to decline, not push higher. This is evident in the ETH/BTC chart and ETH.D chart that I have shared several times recently. Both these charts have begun their respective reversals, and thus provide very strong confluence that paints a pretty clear picture for 65% being a highly probable top for BTC.D. Another important thing I have highlighted here is just how fast Dominance drops once it does. It can spend years building up... this cycle it has been consistently rising for almost 3 years. Only to bottom out from peak to bottom in 4 months! You can see on the chart approximately how this would look, albeit I have just laid over the fractal from 2021. This cycle will of course have its differences. But regardless of how fast it gets there, I have a bottom target for BTC.D at 42%. This also aligns with the Weekly FVG. Structurally and statistically, this prediction holds strong weight and until proven otherwise, this range will play out like this imo. TLDR: It is very close. Any rise here in dominance will be short lived and not have too much of an effect on the wider market. Alt outperformance is next on the cards.

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