EthereumUpdated [UPDATE ETH] Nothing changed. What if?
As I mentioned before, we could be currently in stage 2 of this inflationary bear market. This means that inflation peaked in September and we can expect to see lower inflation for a few months, followed by a recession. This will likely lead to more bear market rallies until the Federal Reserve intervenes again and introduces more money into the market, leading to another market crash in mid-2023 (stage 3). This will cause inflation to skyrocket again, leading to a depression phase (stage 4). If I were to visualize these phases in a chart and use ETH as a reference, it would look like this.
THIS IS A STAGE 2 SCENARIO.
THIS IS A STAGE 2 SCENARIO.
Note
Note
MATIC / ETH is interesting Note
Alternative scenario Note
worst case in red! Note
other scenario Note
blow off top scenario Note
yellow scenario could get triggered soon...
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.
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.