/biz/ - Business & Finance

>>58518184
I don't think so eth supply on exchanges has been flatlining for 3 months and eth btc ratio was such shit that the "priced in" just moved eth back at the historical multi year bottom.

And etfs are not yet allowed to buy eth as the approval for that will come in some weeks or months basically all regulatory problems are gone but etfs won't be up yet the sec was forced to do that at lightspeed for btc for pushing it too far to the point all etfs were on the last "approve us or we will sue your ass point"

Also pre btc etf and post merge every time crypto marketcap went up eth gained a little on btc, the late stage bleeding was due to people moving to btc to surf the etf approval now both coins will be at the same level on regard to liquidity access and the post merge effect has still not be felt due to people moving back to btc.

I think both coins will pump as liquidity enters but eth will be recovering against btc and op is correct it would be retarded not to play this i mean ffs the multi year bottom is what retards are called "priced in" just because it took 30% over 7 days to return to that multi year bottom.

And etfs are not even buying yet also there is this weird effect were the higher the eth price the higher the staking reward is in fiat terms.
So ETFS outright holding and pumping eth also will increase demand for staking for big players even if i don't think etfs will be staking in any way.

And most eth bullruns got fucked due to high fees and this time fees are low so idk.

I think 10k is in play.

Lel