The Bottom Line:
- Exploring Ethereum’s current market dynamics and opportunities.
- Recap of recent strategic plays with Yin and TMF, including profit locking strategies.
- Insights into the role of Discord and the advantages of Bread Bot for market analysis.
- Discussion on Ethereum’s trend, investment strategies, and potential implications of historical Bitcoin ETF approvals.
- Observing market reactions and predictions based on past cryptocurrency events.
Ethereum Market Dynamics and Investment Opportunities
Ethereum Market Trends and Historical Comparisons
For those following along this was yesterday interesting if everyone is super bullish and everybody is talking about how high everything’s going to go I always say follow the actions I don’t care the words they say they are all in the business to make money they are here to be in the best place they are lots of stocks they can sell if they have to raise money but I see Arc selling Bitcoin Futures all right so that was a very big eye opener for me even if it’s just a little bit still an eye opener still an eye opener for me I was curious about that and then of course this is back and I thought history could lead us forward on what’s happening out there with ethereum right now so this is Bitcoin February 9th as you can see what do you see the cost and grayscale 1.5% cost everything else fighting and out I always said a race to the bottom which is weird to me because you think whoever had the cheapest would ex the cheapest fees would win but that wasn’t the case grayscale with a ton and you can see the 1.5% fee massive all right but that was back in February now we move on to the next thing ah this is the chart this is the million doll chart check this out so on January 10th and you’re going to want to pay attention to this if you have any exposure or you want to take exposure in uh eth or just ethereum all right so this you can see right here I shares Bitcoin trust ETF so what happened after the the approval of the Bitcoin spot ETF back on January 10th well they went trading 11th so you can see it goes up one day and then what happens it actually collapses down that’s the 11th all the way over here to the well 20 something 23rd of January I believe that is and so on the 23rd of January we hit a bottom so it was 12 days of downward pressure and then finally we bottomed out and up it went and it roared higher so that was a sell the news event everybody oh it’s going to be huge it’s going to run nonstop but it wasn’t it took a little bit of a selloff now I’ve been playing everything I’ve been doing has been following the history of Bitcoin and what it went through during its journey to get that spot ETF all right now we are at the day where a lot of people are expecting today possibly to have an announcement that they’re okaying some I don’t know if they’ll do it today or they’ll kick the can down the road another month to make sure everybody can do it all at once but I’m following and I still have my full allotment of uh eth for now and that’s one of the things we’re watching right and so let me see here we got that and we got this so I’m going to pull that up because I want to show you what’s going on out there and and let’s go we got this okay so let me pull that up so we got gray scale ethereum trust you can see what’s going on there today is basically flat ethereum now recovering a little a little bit here I always notice a delay too when this comes up it’s like delayed that this will happen all right I don’t know why but it’s been that way uh okay so there you go so we’re back down to where we started here around 3750 for ethereum we are about round even for the day for the grayscale ethereum trust and the question becomes you know where what’s going to happen with all of this you know after the approval well if history shows us anything which quickly I’m going to go over and we’re going to pull up uh ethereum and we’re or Bitcoin we want to pull up Bitcoin on this one and we want the Bitcoin from coinbase there we go and then we’re going to go back to the day that this all happened when was that Mo it was January 10th which I showed you guys and we’re here here we go right here and so I think you can see it but I’ll make it a little bigger on January 10th where was January 10th right here it’s kind of spiking boom boom boom everything’s getting exciting just like now right almost looks like right here doesn’t this look exactly like ethereum right now it does doesn’t it we have this huge flag pole everybody’s expecting it gets priced in the next day you have a little bit of sell off and then the 10th you get the announcement right you get the announcement hey we are okaying they did it like an omni buus style everybody got approved and then it started trading the next day the 11th so the announcement actually you know it finished the day before at 461 34n where it finished 46 694 not like 1% up nothing huge and then the next day you had a pop all the way up about 49,000 uh know what is that nice six s% up and then it collaps back down it collaps all the way down and then the next day huge sell off for 12 days I am and here’s the thing I’m actually expecting possibly similar results only until we get the ability to see these funds go into action to convert from Futures to actual holding physical holding of these t
Recent Strategic Plays: Profiting from Yin and TMF
Exploring Recent Strategic Moves in Yin and TMF Investments
I recently announced a strategic move I made today, particularly focusing on the Yin and TMF investments that many have been following closely. I’ve received questions about the direction of these investments, and I believe my decision may surprise many investors. For those who haven’t already joined my Discord community, I highly recommend doing so to leverage tools like the Bread Bot and interact with thousands of members who are utilizing these resources effectively.
Strategic Play: Yin Investment and Profit Taking Strategy
Regarding the Yin investment, I made a significant profit and decided to lock in some gains by selling over half of my shares. Analyzing the daily candlesticks, I anticipate a potential decline towards the 50 to 61.8 level. My plan involves buying back into Yin at the 50 to 61.8% level drop, likely around the 25 to 23 Zone. This strategy aims to capitalize on the expected upward trend after a normal pullback following a substantial price increase.
Strategic Move: Entry into TMF Investment for Long-Term Gains
Additionally, I initiated a position in TMF today, targeting a promising long-term outlook. By capitalizing on the recent bottoming out of TMF and leveraging technical analysis, I foresee potential favorable returns from this investment. Moving some funds from Yin into TMF aligns with my investment approach to diversify across various plays for optimal portfolio growth.
Leveraging Discord for Enhanced Market Analysis
I recently announced a strategic move I made today, particularly focusing on the Yin and TMF investments that many have been following closely. I’ve received questions about the direction of these investments, and I believe my decision may surprise many investors. For those who haven’t already joined my Discord community, I highly recommend doing so to leverage tools like the Bread Bot and interact with thousands of members who are utilizing these resources effectively.
Regarding the Yin investment, I made a significant profit and decided to lock in some gains by selling over half of my shares. Analyzing the daily candlesticks, I anticipate a potential decline towards the 50 to 61.8 level. My plan involves buying back into Yin at the 50 to 61.8% level drop, likely around the 25 to 23 Zone. This strategy aims to capitalize on the expected upward trend after a normal pullback following a substantial price increase.
Additionally, I initiated a position in TMF today, targeting a promising long-term outlook. By capitalizing on the recent bottoming out of TMF and leveraging technical analysis, I foresee potential favorable returns from this investment. Moving some funds from Yin into TMF aligns with my investment approach to diversify across various plays for optimal portfolio growth.
Understanding Ethereum Trends and Historical Bitcoin ETF Approvals
Insights into Ethereum Trends and Past Bitcoin ETF Approvals
Exploring the dynamics surrounding Ethereum and the potential opportunities presented by recent developments has garnered significant interest among investors. Analyzing historical trends and drawing comparisons with Bitcoin ETF approvals offers valuable insights into market behaviors and potential future trajectories.
Deciphering Market Strategies and Tactical Moves in the Crypto Space
Delving into recent strategic decisions made in investments such as Yin and TMF sheds light on the tactical maneuvers undertaken within the crypto market. Understanding the rationale behind profit-taking strategies and long-term investment plays provides a glimpse into how investors navigate the complexities of volatile markets.
Utilizing Discord for Enhanced Market Analysis and Community Engagement
Harnessing the power of platforms like Discord for in-depth market analysis and community engagement can be a game-changer for investors seeking to stay ahead in the ever-evolving financial landscape. Leveraging tools like the Bread Bot and interacting with a diverse community can offer valuable insights and opportunities for informed decision-making.
Market Reactions and Predictions from Past Cryptocurrency Events
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