π #BTC Bitcoinβs Stress Cycle Is Ending β But Not Yet Reversing
βRisk remains present. Macro headwinds, liquidity conditions, and sentiment fragility mean this process could extend. But for investors with a cycle-aware framework, the data suggests we are closer to the beginning of an opportunity than the end of one.β #macro
βRisk remains present. Macro headwinds, liquidity conditions, and sentiment fragility mean this process could extend. But for investors with a cycle-aware framework, the data suggests we are closer to the beginning of an opportunity than the end of one.β #macro
π€ #AI Arthur Hayes has stated that AI will crush retail trading in PvP by manipulating market sentiments. He believes that fighting against institutional algorithms is a losing battle, especially in conditions of hyper gambling caused by economic stress. He suggests abandoning short-term speculations and sticking to a long-term strategy of holding cryptocurrencies.
π΅οΈ #ETH Wrapped Ethereum exploded with its highest level (by a mile) of network growth and active addresses this year.
On Wednesday, we saw:
β 32,058 new $WETH wallets created (Over 16x its normal average)
β 46,650 active $WETH wallets (Over 3x its normal average)
On Wednesday, we saw:
β 32,058 new $WETH wallets created (Over 16x its normal average)
β 46,650 active $WETH wallets (Over 3x its normal average)