This ETH pump is fueled by derivatives / leverage. Vastly d

This ETH pump is fueled by derivatives / leverage.
Vastly different from BTC’s current profile. BTC on this move up went through a deleveraging. It’s purely driven by spot buys.

#BTC #ETH

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ETH

2,538.3

+2.50%

BTC

104,899

+1.89%

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SalsaTekila

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Apparently, many more OGs from past cycles got washed than I thought possible. That, or they are lying for some reason. This is shocking to me, especially if not their first wash-out. Risk management is spoken of a lot, but rarely put in action.

It’s a hate crime that y’all have access to leverage on those highly volatile shitcoins

BTC 6 figures but Altcoins in their 3838747474747473th bear market

Prediction: BTC will go through a supply shock in the near future. It’s the only spot driven market currently, and a matter of ‘when’. Once it does, BTC dominance will go parabolic. Catch up plays such as ETH will be good after a period of crazy BTC outperformance.

I predict ETH will reach $10,000, possibly $15,000. I predict BTC will hit $500,000, perhaps $800,000. BTC is safer with similar rewards, making it the obvious choice.

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