$ETH is finally ready for the next leg up âŹïž
The chart looks incredibly strong, and the meta with WEB2 companies acquiring it is far from over.
The next week we touch $4.1k, may god help us mashallah
Quick market update 24.07
1/ $PUMP just made another dip, and I am currently in a 50% loss. The issue with the new tokens is that you never know how high/low it can go as the chart is new.
$BONK now has a higher FDV than $PUMP, which gives $PUMP some upside. I will add more if we dip lower.
2/ $PENDLE looks good on a healthy market correction; they have just reached $6B TVL (top 8 TVL). And Pendle's TVL and token price are highly correlated, so I think the higher TVL goes, the more +EV we have.
3/ $SOL looks good, actually, against $ETH, as we have held the 3-year main support and can see positive price formation at current levels.
However, to fully shine, $SOL needs a meme season to come back, as for now, the volume is too low.
Overall, I've been waiting for this correction to add some of my $ENA, $AAVE, $PENDLE positions as well as $PUMP (high risk).
We are far from the cycle top, and we might have some bullish news today. May your profits be juicy, mashallah.
being max long $ETH is so fucking easy, I've never been happier
at some point I'll cut it though, nothing lasts forever
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