Investors,
Last month, I shared analysis about Ethereum and highlighted how bulls needed to defend this rising support zone from the 2022 lows… Thankfully, they did, but only briefly… Ethereum is now back within the support zone once again.
As such, my message is the same: buyers need to defend this level & regain upward momentum in order to prove that odds are still in their favor. If the price of Ethereum breaks below this support zone, I fear that more downside is likely, which will have a ripple effect through the entire crypto market and be extremely punitive for other L1’s and L2’s in the altcoin universe.
It’s rare for me to dedicate the majority of my research to crypto ex-Bitcoin, but that’s exactly what I’m going to do in this newsletter, while also providing in-depth analysis on the stock market.
Specifically, this newsletter will cover:
Internal data for the stock market & key charts
Broader crypto market charts & trends
Analysis of 10+ altcoins with commentary
In total, this report contains 22 charts full of alpha.
As a reminder, the purpose of these premium reports is to provide actionable insights through an objective and data-driven lens, while relying heavily on technical analysis to guide our opportunities and risk management. These reports, unlike the free weekly newsletter, hardly cover macroeconomic dynamics and are suited specifically for traders and serious investors.
If you’re looking for a cheerleader to reaffirm your biases, this isn’t the place.
If you’re looking for raw data & analysis, welcome to the team.
Let’s begin.