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Bitcoin is back at local supply at our range highs- the most logical place for another rejection if we aren't ready to escape this range yet. Be mindful of any lower TF longs here as a LTF BTC rejection at these levels probs brings everything with it in the short term.

🚨🗞️NEW: Crypto in the Capitol: Any More Clarity on Clarity? Policymakers gather in D.C. for a big crypto conference week, where attendees will watch for further clues on Clarity; the @custodiabank case may be ripe for a Supreme Court look; and more. ⬇️ cryptoinamerica.com/p/crypto-in-th…


Without being able to see the future and without the benefit of hindsight to nail a perfect entry- you really can't go wrong buying spot ETH at these levels imo. We are at the lows of what is essentially a 5-year long consolidation range (which also happens to be monthly demand) and whether we go lower or not this 5 year consolidation will ultimately resolve to the upside imo. Could we go lower? Sure, it's possible. But any moves below this HTF range (if we get them) will be scooped up imo and are ultimately generational entries for what will be the next major expansion phase on ETH that will, imo, take us to 10k+. If you don't have the patience to wait and endure some potential drawdown if this zone doesn't hold, then this post isn't for you. If you think crypto is done for, and all time highs on majors like ETH will never be seen again, then this post isn't for you either. For everyone else, and most importantly for those who are actually bullish on ETH, you can't go wrong at these price levels imo.






"If $BTC rejects at it's own range highs, would expect CRV to continue to range as well and move back to it's range lows also." BTC did reject at it's range highs and so $CRV did as well (as expected). We have now taken much of the unswept liquidity that we left behind, and the CRV/BTC pairing is back at it's local lows. I really like the way this is shaping up on lower timeframes. Once again with the assumption that we are forming a deviation in HTF demand on the CRV/BTC pairing, this is where CRV/USD should once again begin outperforming against BTC on lower timeframes (sending CRV/BTC back up again for another attempt at re-entry into the larger local range). So, just like last time, would expect another move back up the range highs soon (not sure if we will take the last local low on our left first or not) and hopefully this time we will break out.






