[UPDATE ETH] Scenario i'm watching (optimistic)
Let's navigate through the positive scenario of eth.
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Ok all good for now but...let me play the pessimistic positive scenario if we have a shorted cycleNote
zoomed version of pessimistic positive scenario Note
Everything changed in Sept 2023. Focus on on total 2 and total 3. My Thesis is that we might see at this point a very accelerated short bullish cycle while Everyone will scream “super cycle” again, “etfs blalbla” etc. This short term cycle (the end of a 16 years bull market) might end of Q3/ultra beginning of Q4 2024. You should actually focus on individual charts cause they give more conviction on how we are in bullish market (examples: Ethereum, OP/rose/woo for altcoins, Unibot for Ai, pyr for gaming, etc).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.