ETHEUR
Ethereum / Euro
crypto Composite

XRP out performed ETH last cycle. It's a good coin to make money off if you sell heavily during an euphoric bull run.

**TL;DR:**
The user was liquidated on their first 25x long ETH futures trade within two hours. They realized they made common newbie mistakes, including high leverage and no stop loss. Isolated margin saved their full account balance by only losing the allocated trade amount. They now advise new traders to practice on demo accounts first.
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*This is an AI-generated summary, always make sure to verify the accuracy of the information provided.*
*^(my-tldr v0.0.13)*

You know when you see it, you’re going back too far. Honestly, you don’t need that much data. Usually the market you can get away with a daily a weekly Max two weeks volume profile depending on how big the market swung if the markets swing 1000 points to the downside, then yeah maybe you need to go back a little bit further and gather more information and label your high volume knows your low volume nodes your point of controls your zero prints and identify those slots and see where they correlate where they match up and then from there, enter the daily chart and just wait for price to tap into one of those level levels and then using book map or deep chart you can literally see where passive buyers or sellers are sitting at that liquidity you can look at the heat map and see literally if price is gonna trade into that level and does it react from that level to the upside or does it react to the downside it’s if this then that that is what trading order flow is it is not predicting the market again. I’ve said this 50 times but I’ll say it again just so you understand if this then that if price Reyes into a high volume note and gets rejected, then I am taking that motherfucker, all the way down to the equal loads and then pass that depending on if price still has momentum and it’s still hunting that liquidity down there zero print or a low volume note or a point of control or a weekly composite profile from a week ago RTH or ETH session that lines up those are magnets that’s what you should be looking for and you’re literally reacting to that range. Those are just magnets and if prices in the middle and it’s not trading towards any of those and there’s no trade, you see what I’m saying like it’s simply observing the market and reactive versus trying to predict that that’s all it is.

Offcoure it is, BTC drives nothing but 'investuuuhrr burps' ETH drives a whole trading game although it could do more, the game is fun and educative, the gains are real. All BTC does is hang around on the coach like an OG on hopium.

BTC for store of value, ETH for smart contract infrastructure

Last time I checked Chainflip gave the best rate for me to swap native Sol to native ETH

ETH has outperformed every single one of these on the 1y

ETH issuance is limited by the protocol's staking reward schedule (which decreases as more ETH is staked), while transaction fee burning (introduced by EIP-1559) can offset or even exceed issuance, making the net supply growth low or occasionally deflationary.

Let it be known that I bought 5 ETH at $1,559

I've marked the last 3 halving dates on the chart so you can see it visually. The halving event is the amount of bitcoin you gain per block mined which makes each bitcoin attained twice as hard to get with their ultimately being a finite number of bitcoins.
As I've previously said I'm not a crypto guy, I have traded crypto in the last two bull runs though, the later run I used a buy the dip momentum bot with some success on ETH.
I do not own any crypto now and it was always just a casino for me. The average person will not adopt something that is so ridiculously hard to purchase/use and is so easy to be scammed for your whole net worth. Not only that but you can actually look up people's net worth if you know their wallet address.
I do believe central banks may (may being a big word here) try to implement a digital currency, but it would be all their own systems and wouldn't used existing internet gamble tokens.
You can actually do a quick Google search of retail Vs institutional bitcoin holders and it was over 90% institutions (around 5% of which is for ETF's), Small retail (under 10btc) were around 9% of float. They hunt each other as it's unregulated their algos manipulate the market to liquidate each other, it's not uncommon for massive liquidation events in the bullruns and someone always profited from them (i.e cough cough Jane Street ) . I think that is the main draw for these institutions really, liquidity and little regulation.
https://preview.redd.it/b1t5btfhw9bh1.png?width=1008&format=png&auto=webp&s=6524e7569628d86f06a6e43c26edfea3341c61bf

>**Beyond the tendance,**
>**Each node's network attendance,**
>**True independence.**
~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap

Why not just buy a leveraged play on ETH like BMNR instead of 25x leveraged position that can wipe you out in short notice.

Let it be known that I sold 5 ETH at $1,559

Bitcoin and maybe ETH. Most shitcoins will be gone. Same like most popular websites from 2000s are gone now.

Personally, I look for where composite volume profiles correlate on the daily the weekly on the RTH and the ETH sessions and then I draw a box around that and then I validate that with us either being in a positive gamma or negative, gamma environment and then I just trade either the continuation or the reversal to set levels preferably the reversal. I am a short by a straighter. I would call myself a bear rarely do I go along most of my trades are probably 80% short 20% long in the long is just a quick bounce. It’s easier to read at least for me book map and deep charts footprints CVD’s, etc. when we’re in a down trending market I don’t know why but I love a down trending market. That’s where I make majority of my money I really don’t trade on days. We’re just ripping up. I hate those days. It’s hard to gauge where certain levels are even with options flow I just prefer us to retrace back down to a level that we’ve already been in especially where zero prints are a.k.a. big fair value gaps.

At that point there will be some other narrative for why "ETH is dead" when it's down from $3T mcap to only $1.5T mcap. We'll still be telling people it's fine and they'll say something like "not everyone bought in the ICO".

Looking to retest $1500 for ETH. Just waiting for a pullback

ETH will be safe. They have solid reasercheras and devs to make network post quantum safe.
I am not sure about other...

The 32nd chart and I use bookmap mostly to spot out areas of exhaustion of buyers to sellers or the inverse and I can see absorption of buyers to sellers or sellers to buyers and then from there I’m just targeting my areas that I drew on the composite profile a.k.a. volume profiles for the day the week, the RTH and ETH

Happy 4th everyone.
I'm glad ETH is making the holiday weekend better!