Pondering Out Loud re: Ethereum has a great week but mainly for dollar cost averagers and we have Trump to thank for it. a Technical and Fundamental POV Pt.2

In a previous post, we had given an a Technical Analysis on the Ether pair when the price was $1,848 back on Aug 18, and a low of about $1000 is still on the table and well on its way.

and you can read that post here.
https://steemit.com/ether/@jaimebetamax/pondering-out-loud-re-ether-has-a-great-week-but-mainly-for-dollar-cost-averagers-and-we-have-trump-to-thank-for-it-a-technical

It now sits on $1,672 so it is still down a bit and I would still expect it to be down even further in about 6 weeks from today. For now I would still look to just Dollar Cost Average into Ether or mainly any other coins as most of their charts look the same.

The easiest way to experience the rest of this global payment and banking correction is to wait until the smoke has cleared. Since March their has been a reconfiguration of the Banking sector as it has aligned with the Treasury, and FDIC a win win if you ask me.
Why not have 100 percent asset backed payments instead of debts and i.o.u.s, ya know. I would even beg to differ and credit even Trumps admin as where this restructuring began in about 2020 if I remember correctly.

But you know what? Ethereum still ends up having a helluva week as they are ready to go full derivatives. I don't know but it seems the Spot ETFs in any coin be it BTC or otherwise will also wait some time before they are approved and the likeliest time to see an approval would be early next year.

BTW once I get my Steem power up I will be able to delegate it to Project Hope for divs, help me out yall!