Moonbags Markets

Personally I think it is very dangerous to short while this metric is sideways

When total stablecoin marketcap starts trending down, it confirms a bear market

People are parking in stables waiting for the storm to pass unlike in the bear when people simply cashed out into fiat

I'm also looking at stablecoin marketcaps and it has been just flat the past few months which lines up with the theory that people haven't cashed out from the system faster than stablecoins have been minting

Daily momentum is ripe to flip bullish on any strong move.

Given the time frame I think if we don't get a strong pump this week, we will get the hold 56.5k btc and run gcr low on total3 prophecy fulfilled

Total/m1 money supply chart still consolidating under the horizontal

Rejected

Catalyst for final move?

would set up for a bullish week

need SOL above 135.35 by close, ETH above 3550

holy shit its surviving

ETH ETF might be coming this week lol

my guess is this is weekend shenanigans

📈 #ETH futures open interest on CME continues to grow

SOL and ETH also rejected off key levels

AVAX broke key level downward