Ethereum (ETH)

ethereum:native 12H & 1H👀 Deep retracement into the breaker support. I want to see a close above the MSB level at $1,762 to validate a long. https://t.co/ADunUNUOeo

Who is the marginal buyer of $ETH? I want to add a few more thoughts and data points to make this clearer. if you are a large institution entering the market, you will buy $BTC or $ETH, simply because the market cap is large enough and safe enough. in fact, this market was not created for retail, but mostly to serve the big players. Retail is only one component, but not enough to have a real impact, so expecting retail to move $ETH is completely unreasonable. therefore, I fully agree with the view that the institutions building directly on @ethereum will be the buyers of $ETH. So who are they, and who is building around Ethereum: – BlackRock launched BUIDL on Ethereum. – J.P. Morgan launched a tokenized money market fund on Ethereum. – PayPal launched PYUSD as an ERC-20 stablecoin – Coinbase built Base as an Ethereum L2 – Visa continues to expand stablecoin settlement on public blockchain rails. – Cex exchange: Binance, kucoin... if institutions are using Ethereum rails, why would they not want exposur

$ETH / $BTC structural shift is in motion > bullish engulfing candle on weekly > consolidation below April low AVWAP > solid reaction off 0.706 fib support > hypertrend reclaim attempt on weekly with a bullish hypertrend flip on daily This is usually where ETH/BTC starts getting interesting again Not confirmed yet but the chart is finally starting to argue back If the market gets weaker during summer, I am looking around the .02 region to see if a support sticks

Ansem breaks down the biggest shift happening in crypto right now "In previous cycles after Ethereum did well we got a wave of L1s that came out at multi-billion dollar valuations with tons of VC money that never found PMF" "Hyperliquid flipped this on its head. They built the application first, a best-in-class perps exchange, and then built the L1 around it" "It's the same with the others winning right now: Polymarket, Venice, Collector Crypt. They're applications first. They find users first instead of just building infra"

Onchain finance and DeFi has tipped. The world doesn't realize it yet. Stablecoins, lending, DEXs, wallets, fiat onramps, RWAs, tokenized stocks - it's all here. Privacy is coming. Crypto is finally ready to realize its promise. I have not been this excited in a decade.