It continues.
$ETH shorts are up +10,000%. 🤯
This is the largest short position ever in Ethereum history.
This could trigger the largest short squeeze EVER too!
It would be better if the housing market bull case were based on solid income-based affordability and low mortgage rates rather than stock market wealth and pockets of undersupply/low construction, but that is not the housing market we have.
It quite literally can only go up only... $BTC
People are overcomplicating something very simple because, if it looks too obvious, it cannot happen.
We’ve formed a weekly HH while positioning has fully reset. There is quite literally nothing to be bearish about.
It's an underappreciated triumph of Ethereum client developers that PeerDAS has now been running for nearly a year with basically no problems.
PeerDAS was a complex task: it's the first large-scale instance of a blockchain that achieves consensus on the availability of data without needing any single node to download the entire block. Decentralized consensus without replication.
And yet, it worked.