The Crypto Comms #18

  1. Ethereum analysis
  2. Psyops
  3. Latest happenings
  4. Listening material

Technically speaking

Bitcoin analysis

Bitcoin is down -1% week-on-week as it faces mid-range resistance in an indecisive market.

BTC/USD H4 rising wedge; weekly highs swept; levels of interest

Ethereum analysis

Ethereum/Dollar is down -1.7% week-on-week. Unlike Bitcoin/Dollar, ETH has already eclipsed its June high of $1,974, spurred by a second wind stemming from the ‘merge hype’.

ETH/USD levels of interest

Psyops

Having said all that, there is a strange smell of ‘psyops’ in the air. The local bearish setup is too perfect. Admittedly, this is no reason to not take it seriously. But on a larger time-frame, Bitcoin has not experienced much of a relief rally when considered in its full context.

Latest happenings

Listening material

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Chris on Crypto

Chris on Crypto

Journalist-turned crypto-writer & analyst; forging the narrative, stacking sats.