karina @moarompi
Joined October 2011-
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Concise, organised thoughts on $ETH: ok so like ETF is bullish but why is price action so slow? we had the god candle but it's been sideways since then. not sure if impatient or sign of weakness. bullish argument is that BTC ETF was very telegraphed and still mooned after the ETF itself went live - meta shifted from 'frontrun the ETF news' to 'frontrun the ETF flows'. so you'd think with virtually no time to front run the ETH ETF compared to BTC (approval odds went from 0 to 100), that leaves more room for upside as crypto natives pivot --> front run ETF itself --> front run flows themselves (in a much more narrow window). bearish argument is that actual ETH ETF flows are gonna be ass and we've already front run the event itself, and mediocre flows + ETHE dumping on our heads = bearish. but still feels retarded not being bullish into the ETF itself? especially with so many of the allocators being much more price insensitive than anticipated. that said, the ETF itself is a lot worse because no staking and shit, so that doesn't help. so are we trapped in limbo whereby 1) done front running the news itself; 2) market waiting for flows to see if it's gonna follow BTC-style trajectory? dunno man, I have range fatigue already. I think I left the stove on. did I lock my door when I left? please help.
HE. JUST. DID.
@HenrikZeberg @cryptomanran Could Powell be continuing his chain of mistakes?👀🤦♂️
The daily bridging limit from BNB Chain to Solana on bridge.babydoge.com has been reached. Should we increase the limit? 🤔
uptober is a month, not a day!
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