ETH profits going to coins outside top 10The top chart compares ETH marketcap vs marketcap of all excluding top 10 coins.
Bottom chart compares ETH marketcap vs marketcap of all excluding BTC and ETH.
You can see ETH profits are going to coins outside the top 10. Super interesting!
Buy MID SIZED coins between 1B to 10B marketcap.
ETH trade ideas
Should you hold ETH or other ALTS? Answer is here! ***UPDATEDI divide the ETH marketcap by the marketcap of all crypto excluding BTC & BTC .
Great if you are an ETH maxi and want to know how to increase your ETH stack using smaller ALTS.
1. Right now ETH is the winner.
2. Early June, sell your ETH for ALTS.
3. Late July buy ETH with your ALTS
4. September - Buy ALTS!
5. Nov - Dec - Jan : I believe we'll experience a crazy ALT season - BTC dominance going to 20%.
6. Bear Market.
7. Start averaging back into the crypto market at the next halvening (2024).
***** If we go to 0.52, sell ALL your ALTS for ETH! ETH GOING PARABOLIC!
Try this formula in TradingView to see the same chart but excluding the top 10 coins. This focusses on the smaller coins. MEGA ALT SEASON DETECTOR.
CRYPTOCAP:ETH/(CRYPTOCAP:TOTAL2-CRYPTOCAP:ETH-CRYPTOCAP:BNB-CRYPTOCAP:XRP-CRYPTOCAP:USDT-CRYPTOCAP:ADA-CRYPTOCAP:DOGE-CRYPTOCAP:DOT-CRYPTOCAP:UNI-CRYPTOCAP:LTC)
Should you hold ETH or other ALTS? Answer is here! ALT season!I divide the ETH marketcap by the marketcap of all crypto excluding BTC & BTC.
Great if you are an ETH maxi and want to know how to increase your ETH stack using smaller ALTS.
1. Right now it's time to get into smaller ALTS.
2. Early August, sell your ALTS for ETH.
3. Late November buy ALTS with your ETH
4. Late December - early Jan 22, cashout most of your crypto.
5. Bear Market.
6. Start averaging back into the crypto market at the next halvening (2024).
***** If we go to 0.52, sell ALL your ETH for small ALTS! Small caps will freaking MOOOOONNNN!
Try this formula in TradingView to see the same chart but excluding the top 10 coins. This focusses on the smaller coins. MEGA ALT SEASON DETECTOR.
CRYPTOCAP:ETH/(CRYPTOCAP:TOTAL2-CRYPTOCAP:ETH-CRYPTOCAP:BNB-CRYPTOCAP:XRP-CRYPTOCAP:USDT-CRYPTOCAP:ADA-CRYPTOCAP:DOGE-CRYPTOCAP:DOT-CRYPTOCAP:UNI-CRYPTOCAP:LTC)
ETH MARKET CAP CHART n ETH.D chart://maybe just turn it back offeven with BTC dropn hard the BTC Market Dominance chart went up same here with the eth market cap n eth.D charts _BTC N ETH black wholes infull effect
om days like this maybe just turn that computer rite back off…
_even with BTC dropn hard the BTC Market Dominance chart went up.
The market dumped 330 plus BILLION USD in about 4hrs. thats impressive consider'n BTC wasnt at 500 Billion untill_ SAT DECEMBER 26th 2020
MY point is if you look at the BTC market cap chart a good portion of that market cap like 220 billion of that drop was in Bitcoin. eth dipped some in market cap n price but not like BTC
_The same goes for the market dominance eth n btc charts. WE see a sharp drop in BTC n market followed hard but the bounce looks like it came quick which is GREAT as well as the inflows of BTC N esp ETH (ETH just keeps lookn stronger n stronger)
_MY worrie, at least short term is that im not sure how much spine _ heart _ whatever this new retail wave of crypto has. IE how much pain can this new retail group new or newer to crypto group take before they sell, what projects_ ALT COINs brake week first, fastest n hardest (is what we watching in times like this.)
_IM NOT SURE i was clear enough at least on how we feel on our end but BTC N ETH are about to take over the show for a bit so dont be surprised to see some alt profits black whole-d by the BTC monster n his quickly growing wild cousin ETHeReuM. On the other side good dip ops as well as seeing if ur fav project has the stones to still be a thing next year or in this space maybe next month. IT isnt enough to only have utility in the rite situation in an easy to use easy to adapt type of thing but u also need swag to carry the hype to get any traction, _unless ur just always blazing trails n very few in crypto or anywhere can do that consistently.
_THIS leads me to my next point and something ive had shoved in my face recently via XRP n DODGE smilez lol esp with dodge there is no active or really any utility. all 100 percent hype from a few tweets mems and half a$$ed organization of online groups like Wallstreet bets run'n up the score to mind blown life changing get ur pussy ate for a week or she give u head in grandmas bathroom type money... lol for real, every time i forget im forced to remember, THE POWER OF THE HYPE... it also reminds me no matter how solid, game changer, whatever_ ur project is remember why u got into CRYPTO yes u need a wide net for all the reasons above_BUT_. _FOR me n Mine, it was many reasons. LONG STORY SHORT we felt like most of us, we missed the BTC boat (LOL AGAIN PERSPECTIVE BTC WAS AT 10K AT THE TIME) so we wanted to catch up n make a few 100x gains no problem n then buy btc n eth. lol that was the plan but what happened is we FOmOEd in and lost 35% of our small n most of our actual real world money in a few days one bad week really. we realized we had no idea what the h3ll we were doing and still mostly don’t (smilez) but we learned and we always call it how we see it. we share our wins n losses and we k33p tryn to get better and and and we learned sooo much along the way.
_we have stopped getn alts n started takn profits last 2 weeks into eth n btc n some rebuys_stable coin_side line monies n thinkn about some new ones_projects but all in all its about btc n eth, for us at least. IM NOT sayn alts won’t continue to melt faces but we wanted to get back to our roots,
_THE market is getting smarter and maturing. we see A LOT of volatility around option days now in crypto. we see some projects pumps even when btc drops and not just one or two outliers but a decent portion meaning there is ecosystem that can flourish when btc is dropn etc. All this healthy non cannibal like financial growth is a must… but the volatility is still here, as we all saw this weekend. the liquidity sources are many and this space has little to no rules and def no 1-800 support or complaint line to call when it goes bad. u on ur own… so whoever u are where ever u are just try n remember why u got into crypto in the first place _whether it was financial freedom in a communist country where u get killed for going on the wrong, no regime controlled internet to ur a-h0ie cuzin, rich from btc he forgot he bought n u found keys for on an old piece of paper on the floor when drinking bears in his garage to everything in between _get back to ur roots. _always respect the pump but never follow it. (buy the rumor sell the news type thang) _trust ur reads n try to stick to ur half a$$ plan _for us thats always ALWAYS mor3 BTC ETH
Then even if u have the rite blend of utility – hype – swag – adaptability – project team_esp as they grow. (many projects just small teams sometimes just 4 or 5 people so scaling could get tricky and tech personalities im sure like any innovative space will be all over the spectrum so strong above qualities and team leaders etc etc will be a must as crypto begins to cross over mainstream n we see acquisitions, mergers and all the drama that comes with this growth. These cracks in the foundation will begin to show. It’s a big growing space so we definitely believe in wide big_ but QUALITY nets
BtcBTCbtc
ETHethETH
Not in order but tiered in groups
ALGO CEL SWAP ADA VET ZKS UNI AAVE REN n any solid defi project (need to look into the yearn team n curve etc etc asap)
DMST RAMP STMX n deep diving on our new alt list below or around the 500 rank in market cap_bigger risk bigger gains but again would stick with the mainstream stuff for a bit and ur true HODLes u believe in like rite now we HUGE ON CEL SWAP ZKS n anything keepn up or and developing into n on layer 2
CRO CHSB VGX FTX_FTT N any other centralized exchanges keepn up to the race to the cheapest fees as layer 2 s cheep swaps etc begin to dominate and other projects and tech begin to adapt. REGARDLESS OF MY RAMBLES THESE CENTRALIZED EXCHANGES like coinbase unfortunately will be the first step for new retail entering into crypto BUT the trend is switching to DOAs like uniswap 1inch sushi pancakeswap ZKSwap etc etc THIS is due to accessing layer 2 via side chains and other forms of tech that is quickly developing and expanding IE this means what use to cost us 30 to 100 usd to swap on uniswap etc now cost less then 1usd or around there (minus the market moving spread_which sometimes can be a positive gain trade or loss depending on how volatile n what direction its going n u buy’n) zkswap and even uniswap via V3 n this new token that allows for limit trades on uniswap etc etc_ UNILAYER. All in all_ the game IS CHANGING. Imagine when the wallstreet bets mentality gets ahold of the concept of uniswap n DAOs in general.
Happy hunting_ stay strong stay positive and never forget, get da bag…
Have a good weekend ya all
350 Billion TargetThe top of channel and Fib Extention from wave (0) - (3) - (4) coincide nicely with a 350 Billion Dollar Market Capitalisation for ETH. That would be a logical place to look for a more complex correction, Though the Fib reaches beyond this level and might suggest higher targets, I doubt the momentum would be sustained that far from important averages.
Good luck!
ETH MARKET CAP CHART _ETHUSD ETHUSDT ETHBTC last eth dip b4 riplast eth dip before the rip....\\\really under 1800 all good but 1650 ideal if u can get a stink bid at or around that run it_ also always on limit orders dont do whole numbers lik 1650 _ do like 1657 or 1664 whatever if target is 1650
last super cereal alt run or market pump went _ btc pump then side ways while alts ran _then eth boomed hard
this time around many feel it will be the same but im seeing eth getting ready to run n hard. The chart is looking like it wants to jump combined with this visa patant news ie visa on eth blockchain as a fiat on/off ramp, paymnt system etc. AND the best part is under 1usd swaps via layer 2.0 zkswap or whatever u use
have not looked at hcarts for shorter term entry points and trends but overall some basics are
CEL
ALGO
VET
RAMP
DMST
MATIC
ADA
AVAX
YFI
TRUSTSWAP OR SWAP
1INCH
UNISWAP OR UNI
IM OFF BUT WANT TO RE ENTER _SNX SUSHI REN AAVE YFI n few others like maybe some DOT n some RANDOMMMMMMM alts
LOVE HATE OR NEWER N NEED CLOSER LOOKS ARE _ STMX MANA ENJ VGX CRO CHSB DDIM LINA OR LINEAR LUNA
_HGM T3Am
ETHUSDT ETHUSD ETHBTC eth market cap chart ETH N VISA NEWSVISA has applied for a patent that would facilitate the creation of digital fiat currencies on the blockchain. The application mentions Ethereum (ETH) several times leading many to believe that it will be the choice platform for VISA. Less than a day ago, a new patent application from VISA emerged from the US Patent & Trademark Offic
huge news as well as
"Visa has processed a cryptocurrency payment directly on the Ethereum blockchain as part of a new service the payment giant plans to introduce to its partners later this year.
The move, the latest sign of increased adoption of digital currencies by the old-guard financial industry, bumped the price of bitcoin and ether roughly 5% each.
Per a press release shared with CoinDesk, Crypto.com sent a USDC stablecoin transaction on Ethereum to an account at Anchorage custody under Visa’s name. Crypto.com issues “crypto-backed” Visa cards that allow its users to spend the coins in their Crypto.com wallet.
sorry not more time to post more but this BIG ETH NEWS plus layer 2 is here with ZKSWAP matic n optimism.io
_HGMT3Am