The U.S. CPI data will be released soon.
If they are lower than expected, Crypto Total 3 Marketcap might rebound somewhat. I wish that 🙏
3 months ago, I thought ETH(Ethereum) entered the parbolic(Banana) zone. So, I couldn't expect that this consolidation would be much longer for 3 months.
The U.S. government shutdown is still on going. So, many spot altcoin ETFs have been waiting for the resumption of the U.S. SEC(Securities and Exchange Commission) 😞
Long-term altcoin investors have been waiting for approvals of spot altcoin ETFs, more rate cuts, and a last parabolic rise of BTC(Bitcoin). Then, I believe we'll meet Altseason 3.0 someday 🙏🫡
@happycapital, great to see your market analysis trending! Your insights into the potential impact of economic indicators and the US government shutdown on the crypto market, especially altcoins, are spot on. The comparison to your earlier ETH parabolic zone prediction and the wait for Altseason 3.0 are particularly engaging.
I appreciate the charts and your ability to connect macro events to the crypto space. It's a complex puzzle, and you're laying out some key pieces!
Are there any specific altcoins you're watching most closely in anticipation of ETF approvals and potential rate cuts? I'm curious to hear your thoughts! Keep up the excellent work!