There is literally no reason to be optimistic about ETH anymore.
>>61321437yes it sucks
>>61321437The exchange balances chart often posted here is misleading as well
>>61321452Why? Where is the eth going? Ok defi, where is btc going? Defi?
>>61321798Exchange balance always mean literally nothing. If you ever see it posted as a bull case for any crypto fucking hit market sell 100% and it will be a good trade.
>>61321798fuck you and you meaningless hopium bullshit. why should I keep holding? Who's going to buy this shit from me? I can't see a narrative any more
>>61321818Why are you holding alts? Alts are leveraged btc. You swing them when BTC goes up, not hold them.
>>61321818Why not sell then faggott? :D
>>61321818huh? they're cutting rates and ending QT in december
>>61321437the only coins still worth holding are basically stocks, and among those, I can only recommend buying hype. High buybacks, growing, they are adding stock perps which are crypto countercyclical - the product can generate high volumes even if interest in crypto itself dies.Eth failed for multiple reason, but now it's over. They will never get the fee income it needs to have high valuations.Ethereum will continue to work and will continue to be the bedrock for the entire crypto ecosystem. It will work great even at $10B market cap, proving technological choices behind PoS.I was accumulating eth from 2017, sold this year, bought hype with most.
