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@BOMBERuss more from that month

Summary as of March 18, 2022 (current price ~$40.9 thousand): 1.Structural conclusions: the demand in the futures #markets continues to arrive, reinforcing the picture observed by oncen. Fundamental #signals indicate that bitcoin is in the accumulation zone, one of those that usually determine the end of a bear market. 2.Price expectations: The countdown to the bullish breakout and exit from the bearish trend has started. My assumption based on the data on price stability: we are 1.5–2 weeks away from this breakthrough, but it may happen earlier. 3.Degree of confidence: high. 4.#Ethereum: On-chain demand for ETH is at an all-time high, and "technically" the picture looks strong in relation to BTC. I expect that in the coming weeks, the yield of #ETH will surpass #BTC. The last 2 days have given us additional confirmation of the return of demand for futures markets against the background of the still strong spot on-chain demand observed in the last 10 days. The #stablecoin flows suggest that the capitulation of the bear market has already occurred, and now we are in the accumulation zone before moving into another bull market. And many charts of fundamental on-chain indicators look similar. The price stability indicator continues to grow, and it already looks like the formation of a significant peak. If this growth continues against the background of the influx of demand into the markets, then the situation will have signs of the last stage of accumulation before a bullish breakthrough.

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