Update, 7h, on 12/8. Hello everyone, did you guys ride the MM roller coaster yesterday?
- Yesterday was the deadline for tariffs from the US and China, and at the last minute, it seemed like no agreement would be reached, but Trump extended the tariffs for another 90 days (this is the second extension with China), and he also removed tariffs on gold. Therefore, the market was very volatile.
1. Regarding ETH, you guys are still fomo-ing in, however, looking at the data, the money flow into ETH in recent days has not been much and has been withdrawn. It has created an invisible sw frame between 4160-4370. This is the frame for you guys to jump in and bite L-S, the whales are out of the game. (Whichever side loses, the whales will jump in)
2. Uncle BTC, after sucking up Dom to offload, has returned to the Gap area of 118 created on Sunday.
3. Alt, BTC releases Dom for ETH to rise, but alt does not increase and even decreases. This shows that there is still no new capital coming in.
4. Dom has continuously held strong at 4k2. If there is no force pushing it down, Dom will bounce back strongly here.
