$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.