Bitcoin sucker’s rally? Ethereum merge news. [Crypto News]
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    33 Comments

    1. I think this is a small rally. Due to the ETH merge. We all know what happens when a project release something new. It goes up for a little bit, then a massive sell off happens. I am not sold. I will buy more when it crashes.

    2. God πŸ™ Bless β›ͺ The πŸ‡ΊπŸ‡Έ MAGA πŸ‡ΊπŸ‡Έ King πŸ‘‘, DonaldπŸ—½TrumpπŸ—½!
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    3. Another stellar video. I think we are in the anger stage of that stock cheat sheet. You see a big bear rally in (anger) and then prices come down to sweep the bottom in (depression) and build market structure. This will make for a more explosive bull run when it does happen. Peace

    4. Another issue in Europe are the nuclear plants in France. More than half of them are turned off atm for maintenance. Usually France exports electricity (at least during the summer). This is missing now and does not help to fill empty gas storages for the winter

    5. I believe we're in the middle-end of capitulation phase. Specifically at the bottom of the phase where it rebounds for a bit and drops back to or slightly below the capitulation bottom and puts everyone in the anger phase. Complacency was Dec & Jan…anxieity was Jan-Mar…denial phase was Mar & April when btc pumped to $48k with the incoming May death cross and impending "mega crash" as Crypto Crew Uni calls it…panic was May & June when btc mega crashed to $17.6k….capitulation was June until now….we're transitioning to anger on the next major pullback after this sideways bear flag rally….and then depression the first half of 2023. So we're either in the bear rally at the end of capitualtion before another drop….or we're in the anger phase rally before it drops below the capitulation bottom and transitions us into the depression phase. Just my take.

    6. Apparently spot money is not the biggest input for ETH at present, it's options trades,
      and they point to a "sell the news" scenario, yet this is crypto and we could see some aggressive buying after the release, I'm not really up on the markets but I do know that crypto does weird things.

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