No ETH support at 2600. Next support is 2100. Can’t imagine there’s enough sell pressure to get it 2100 this year. Whales probably waiting for 1800 to get back in.
We’re sideways for a while likely. Sideways means between 2100 and 2900. Perfect market maker’s playground. I wouldn’t be surprised if this sideways action lasts 2 months. But if we go below 2100 then it’s more liquidity on the downside and we drop again.
As I said in earlier casts, ETH is going down to $2500. I think it we’ll stabilize there for a while. Maybe sideways until January. Institutional investors won’t get back in until next year. If you think 2500 is bad, there’s liquidity all the way down to $1,811.
Both bitcoin and Ethereum are poised to go down further. Liquidity down to 84,200 (BTC) and 2547 (ETH). If either falls below these two supports then there is no bottom. They will track each other almost for sure. Big hands want the drop so the institutional buyers can get back in as low as possible. The entire climb up to ATH’s was not fundamental, it was inflated by political players so the return to pre-hype numbers is expected. But every bull-run is a net positive and this one will be too. Don’t be fooled when there’s a few days of activity and some big green candles, this is just market makers taking out the shorts on the way down. Don’t be someone else’s exit capital. Watch the big tech stocks for indicators.
Tokyo opens in 6 hours. It’s going to be interesting to watch the market makers first moves. ETH and BTC poised to go lower. ETH to 2500, BTC to 85,000. A false move up at Tokyo market opening, then down we go when NY opens.
I hit 200 Followers today. Thanks everyone. I’m the one who always pushes back against those who say Farcaster has limitations. I fully believe a dam-break moment is coming and all of Web3 will be inundated with users. No one will convince me otherwise. That’s why I’m here.
During the early Ming dynasty (1405-1433), long before Columbus ever crossed the Atlantic, Chinese Admiral Zheng He led seven massive naval expeditions that sailed to Southeast Asia, India, Arabia, and even the coast of Africa. The fleet reportedly included 317 ships and nearly 28,000 crew members. They sailed with advanced navigation techniques, using magnetic compasses and detailed star charts, centuries before the West’s “Age of Exploration.”The ships returned with giraffes, zebras, ivory, and spices.
Then, the emperor who supported them died, and almost as if erased from history, the voyages stopped.
Harzhorn battlefield archaeological site in Lower Saxony, Germany is the first hard archaeological proof of a large 3rd-century Roman army operating deep beyond the Rhine–Danube frontier.
At the Tomb of Emperor Qin in Xian, China, two exquisite bronze chariots were discovered. The chariots were built and then buried underground 2200 years ago.
Michelangelo’s “horned” Moses might be the strangest masterpiece in Rome.
He gave Moses horns after interpreting a 16th-century translation error that turned “rays of light” into “horns.” And this world-class sculpture? Not in the Vatican, not in a museum — it hides in a quaint church on a side-street, where tourists can stumble in by accident.
During WWII, over 20,000 bombs were dropped on the German city of Köln.
Because of its historical significance, the Kölner Dom was purposely not targeted — and survived almost entirely intact.
Mao Zedong, a librarian, required Chinese farmers to plant seeds closer together and dig deeper in order to increase food production. This result was the Great Chinese Famine — the deadliest famine in human history, causing an estimated 45 million deaths.
In 919 CE, the King of the Holy Roman Empire was crowned on a hill above the town of Quedlinburg, Germany.
Quedlinburg escaped major wartime destruction, so much of its medieval core is intact — still standing, nearly untouched for over a thousand years.
How was it preserved for so long? It survived because it was poor.
One of Europe’s best-preserved medieval towns is still standing after a thousand years because no one could afford to tear it down.