Buying $ETH now is like buying $COIN at $260. In just a wee | CipherX on Binance Square

Trending Articles

Bookmarked and Liked

--

Buying $ETH now is like buying $COIN at $260.
In just a week, $COIN is up 36% and is currently the best performer in the S&P 500.
The reason I'm focused on $COIN is due to its tight correlation with ETH.
A massive move in ETH is coming soon IMO.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

ETH

2,437

+0.14%

26.8k

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@CipherX

Explore More From Creator

Bitcoin taker buy/sell ratio on Deribit just hit 12.5 Someone is getting big on BTC upside, and there's one more thing that makes it more interesting. Deribit has been acquired by Coinbase which is the US largest crypto exchange. So, it's highly likely that a large institution is betting on BTC upside.

--

None of the bull market indicators are signalling top. And what's the reason? Because there's no retail euphoria. Alts haven't pumped this cycle, and retail is holding alts only. Talking about BTC, institutional adoption has make it very less volatile, so no euphoria has hit. If you're selling now, you'll probably be an exit liquidity.

--

Altseason Index has now reached April lows. BTC is up 40% from its April bottom, but a lot of alts have fully retraced their gains. But here's one good thing. Whenever the index has reached this low, alts pump has happened within a few weeks. I think a short squeeze on a lot of alts are coming.

--

$ETH has trapped both bulls and bears now. It had a fakeout pump and dump, and is now back into the consolidation range. But what's next for ETH? Looking at the broader market, it seems like upside is much more likely to happen. The US stock market is hitting new highs, and trade deals announcements are happening. Both these things are bullish for risk-on assets and ETH will definitely benefit from it.

--

The ticker is $KERNEL

--

Latest News

Senate Version of 'Beautiful Bill' Projected to Increase U.S. Debt by $3.3 Trillion

--

Trump Considers Extending Tariff Suspension Amid Trade Talks with Canada

--

Binance to Update Collateral Ratios for Portfolio Margin Assets

--

Trump Advocates for Lower U.S. Interest Rates

--

Dormant Ethereum Wallet Activated After Nearly a Decade

--

Cookie Preferences

Cookie Preferences