/biz/ - Business & Finance

What's up with all this weird sell pressure from ETH? Doesn't it seem odd that a coin with all this momentum that's close to entering blue sky territory, just cant seem to get ANY pump going, despite many opportunities? Look at the charts right now and compare ETH to literally anything else and tell me that shit doesn't look suspect. There is obvious price suppression of some kind being perpetrated here and I'm guessing its being done by BTC maxi's not wanting ETH to outperform BTC. Seriously, go look at the charts right now on the small time frames like 1min,3min,5min and compare them. Look how ETH starts to go up strong but eventually retraces right back down to square one or even lower then where it started... this is a crypto that JUST broke its all time high? I recall BTC not doing this, LINK wasn't doing this, so what is going on with ETH???

The whales/devs are buying more and more to pump up the price....soon they will decide enough is enough and pull the rug.... the dump is either gonna be a straight 40-60% candle allthe way down or itll start a slow, methodical decent to the downside that will last at least a month before it decides to ramp back up for the bull run.