Fundamentals : Strong || Will the markets follow ? $BTC $ETH
If crypto prices have taught anything to us - It is that prices are not always dependent on a single or even a group of factors.
Markets prices basically are driven by -
🔸Fundamentals
🔸Vibe / mood
The lesson: Fundamentals and mood don't always go hand-in-hand with each other.
Market may be bullish even in the state of weak fundamentals of blockchains based on just positive/ bullish mood.
Good news : Both Fundamentals and overall vibes appear to be in alignment for Q4 of 2024.
1 / $BTC ETFs record the highest amount of Inflows till date.
2 / $BTC prices are in state of very low slope downtrend
This often signifies the signs of trend reversal - $BTC breaking out of the downtrend of the last 6 months.
3 / CZ released from prison early
Strong fundamentals + Positive mood/vibes = Higher chances of numbers going up 📈 #BitcoinETF #Germany