Nice morning read, thanks. I had a feeling there was more to the story and a lot of the downside was already priced in. Appreciate you breaking that down further. Let’s see if we can get to 2.5k before summer
Another brilliant article. Your writing is so fun to read. I finally understood ETH lockup and staking. Do you think there could be unanticipated headwinds this year for ETHs price increasing as it did in 2020/21?
Thanks Lexi! I certainly do, the macroeconomic future is so uncertain that another drastic repricing to the upside isn't out of the question in my opinion.
We'll have to see how things progress, and we still might be another 1-2 years away from another all-time high break but market trend and technicals are pointing in the risk direction, and the dollar's struggles seem like they've only just begun, which is as good a catalyst as I can think of for 2023's upside being higher than most currently anticipate.
Nice morning read, thanks. I had a feeling there was more to the story and a lot of the downside was already priced in. Appreciate you breaking that down further. Let’s see if we can get to 2.5k before summer
Another brilliant article. Your writing is so fun to read. I finally understood ETH lockup and staking. Do you think there could be unanticipated headwinds this year for ETHs price increasing as it did in 2020/21?
Thanks Lexi! I certainly do, the macroeconomic future is so uncertain that another drastic repricing to the upside isn't out of the question in my opinion.
We'll have to see how things progress, and we still might be another 1-2 years away from another all-time high break but market trend and technicals are pointing in the risk direction, and the dollar's struggles seem like they've only just begun, which is as good a catalyst as I can think of for 2023's upside being higher than most currently anticipate.