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428 posts

@anon_ccc
Art is only the search, it is not the final form.



$ETH / $BTC Ethereum looks primed to make a major move after the recent HTF double bottom it made if it can reclaim the HTF support level it lost in early October. One of the most forgotten narratives of the past year has been the deflationary mechanics of the merge. While we've been complaining about high gas prices and ETH's lack of usability, 339K ETH (currently valued at $800M) have been burned from the total supply. While this number may seem insignificant relative to ETH's $280B mcap, I expect it to rapidly accelerate as the bull market continues to pick up steam. In crypto, narratives are recycled. Usually around the time something has been given its tombstone and has an obituary is written for it, it's near the bottom. I've seen countless obituaries for ETH over the past several months. Send it higher with haste.













