$CNPY
Trending UpSnapshot Window: 2026-07-16 15:10 UTC · ← Back to Crypto Overview
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Current thoughts on $ETH Where I'm looking to buy long-term And how I see the PA unfolding in July Enjoy [Spoken audio]: So, the high time frame on ETH is very interesting and this is something that I spoke about with credible crypto last week when we did our crypto close out stream. Now he thinks that ETH is going to go to 20k, he thinks that it's going to be one of the runners of next cycle, he thinks that the bottom is in. I don't necessarily think those things but I do think that the value proposition for buying ETH or scaling into ETH starts making more and more sense. We are trading at this high time frame range low. we're putting in some constructive price action and support. Personally, I would love to see one more stab down and that's kind of what you see here. I would love to see a stab down to maybe the 1.1, 1.2, 1.3K level. That would be the level that I would start allocating. Me personally, that's the level that I want to start buying even stacking it for next cycle. I don't think the bottom is in yet. I still think we see lower prices. If you're an ETH bull, like credible, like many others in my community on my timeline, then this is a level where it starts making sense to DCA. Let's say you don't get the 20k move the credible is looking for even if you just get a move back to range high You're still looking at a clean 3x. I also want to look at Eve on a slightly lower time frame. This is your range This is arguably your deviation Yeah reclaiming the AL Reclaiming the range low looks pretty good for a rotation back to if we're trading this like a range Then the rotation goes back to range high, right? I mean and that's obviously best case scenario But for sure taking the principles that we spoke about and you're looking at this volume profile here What stands out to you question for the audience reclaim the value very low. Yes Not exactly what I'm looking for keyword being volume big note says spur. Yes, sir There's a big low volume note a huge low volume note between like 2.1 and 2.3 look at this thing man big big low volume note here So for me, if I'm trading this and I'm looking for a rotation, I'm probably not getting greedy. I'm probably not thinking, okay, we gotta go up here, we gotta rotate the full way. Man, I'm looking here and I'm going, that's it, that's the rotation I'm looking for. That's the rotation, that's good enough for me and then I will reassess.
