Things Are About To Get Very Bullish

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It's a bit of a weird feeling you get when you see markets pump and think to yourself dang I sure wish I stacked more or I don't have enough stacked! It's what most people waking up today are thinking as the crypto markets roar back to life now pushing over a 5% gain on bitcoin itself and showing solid signs of pumping the rest of the markets as well.

For example...

Solana has roared back to life after many people speculating that it was a dying chain and being replaced with other blockchains. Which is honestly something you do have to look out for now.

There's legit so many blockchains of which many do the same thing and what really matters now are the products and projects launched on them and not so much low fees and all that worthless junk now like people cared about back in 2019. There's now a real case of where if you're not constantly building applications that people want to use on your blockchain then it's slowly going to die and be replaced.

Even bitcoin is having a nice rally in itself however if you pull away for just a months time you can see we were higher just a month ago. This is why for this to be a real bull kicking in we need to see bitcoin hit at least $75,000 and continue to have positive pressure at that point and not this bouncing up and down back and forth like we have been having.

Ethereum

I think the biggest tell all right now is that Ethereum seems to be struggling in price and value lately. With so many other blockchains with lower and faster speeds along with layer two and even layer three options themselves it kind of makes people wonder now why they are even still bothering with the expensive and slow outdated Ethereum blockchain and that seems to be the sentiment around here lately.

That could also do something else for us as one of these other solutions like SOL offering up a viable alternative maybe that could spark the release of an all new ETF. I still feel like we are far away from such a thing however.

What do you think about this fed rate cut and rally we are seeing after? Will it last more than a day and spark in the next bull run?

Posted Using InLeo Alpha

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7 comments
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I think SOL gonna pump like crazy this season. People always presume it's dead but it's the comeback kid. Their whole ecosystem is so much better than the others have. But like you said, new chains keep popping up and especially Berachain and Monad are ones to watch. Maybe Movement too.

BTC/ETH gonna bottom soon and ETH could do a solid run toward the end of the year.

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I think the rally is going bull this time, and if Bitcoin slide back again, that means the bull run for this time will be back and forth and people wouldn't expect anything much from the market, it gonna be great if Bitcoin hit $75,000, anyway I like what I am seeing in the market currently.

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In one year Solana has made +615%… I believe that it is precisely the Altcoin that has attracted investors more than all the others in these last 12 months

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