Ethcrash
#ETH Dump Coming, Major Crash in ALT coins 50-60 % !! OM NMAH SHIVAYE !!
ETH is expected to experience a dump, leading to a significant crash in major altcoins(Loom,Zrx,Dydx,etc).Market makers are allegedly preparing for a 'Black Friday' event, aiming to liquidate early sellers and trigger stop losses before causing a severe crash. There is currently no fundamental reason for this, but one may be fabricated later. The main goal seems to be eliminating early buyers from the market. The prediction includes a substantial amount of long liquidation, around 800-900 million, and anticipates a loss of trust in cryptocurrencies among the public. Support is requested if the post helps someone avoid liquidation or save money.
I have shared information about GRT and ICX on my profile. These coins are expected to first reach their upside targets and then experience a downward movement.
Thanks For Reading.
NAMASTE !!
Crash scenario for ETHThis could be a crash scenario for market .
400~200 $ is a power full target for ETH .
time is always matters . but around 13 sep we have a time pivot . dont look for near targets for low price yet.
short position stop loss . we are still in weekly down trend . 1300 $ is first target and possible support .if it breaks it will become a strong resistance then be careful about your positions
Short term (very) Bearish BTC and ETH. Very long term Bull.Why I think BTC will fall further to $7,500. (ETH will most likely fall with it)
1. Long term support trends 'extension' resides around $7,500
2. Bear flags 1 & 3 ( flagpole #2 and flagpole #4) price estimates consolidate at the long term support trend area around $7,500
3. Elliott Correction Wave C started at the November 2021 peak, and the 5-wave impulse that makes up Wave C consolidates around $7,500.
Some very Large investment funds ( like 3AC and MicroStrategy ) are getting close to a margin call. Any collateralized BTC will be sold and may cause a cascading effect in liquidity pools.
If any large LP with high TVL amounts get effected, we may see a 'bank run' on LPs. This could then effect leveraged traders who then get margin called.
Any ETH locked up with BTC as collateral will get wrecked, further crashing the market, and (of course), people will panic sell during all of this.
...but, maybe all this just never happens and BTC hits $1 million this year?