tariffs appear to be resolving, e.g. x.com/watcherguru/...
no material changes to any of these assets in the last couple weeks otherwise
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I think a lot of people who wanted to buy ETH were just waiting for it to stop going down, especially relative to BTC. So they were sitting out and waiting for it to stop capitulating. Now that it's stopped capitulating, they'll buy. And there are no sellers, because all potential sellers sold during the capitulation!
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Welcome back to Farcaster
It doesn't seem like this "concept of a deal" should really be causing the price action but the timing sure indicates that. It might have a little bit to do with the M2 liquidity cycle and maybe a late Pectra boost? Idk. Tariffs in theory shouldn't effect crypto markets but people seem to think they do so that translates to irrational price movements.
ETH was underpriced too....
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The only news this week is the appointment of pope Leo of Chicago, I don't think that's enough to move the market, but of course, anything is possible these days.
Oh and yeah, there's this ethereum upgrade, which I also don't thinkk should cuase that much impact. Anyways, it's good to see portfolios coming alive again
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