Ethereum is 98% below its all-time high while Bitcoin miners are raising $250 million to build an Ethereum treasury. On-chain accumulation is at record levels and DeFi liquidity has dropped to $111 billion, creating conditions for a potential 2-3x price move.
July has not seen a negative return in the past 10 years for the S&P 500, and we know cryptocurrency is pretty much the same. Not only that, but Ethereum right now is currently extremely undervalued. Bitcoin's at all-time high, Ethereum is not even close, and we know by percentages ETH would do significantly better. At the same exact time, we probably have the greatest accumulation of Ethereum We've ever seen on chain, and weekly engagement for Ethereum is really going high right now. Not only that, but we have Bitcoin mining companies trying to raise $250 million to make an Ethereum treasury. We've never seen that before. And see, the thing is, Ethereum for where its current price is—this is Ethereum's price—to all-time high. Is a 98% increase. That's doubling your money. And we know that Ethereum should break all-time high because of liquidity. Let me show you. The total value locked, or TVL, which is the amount of money inside of all these smart contract platforms, is $111 billion. But we've been at close to $200 billion before. Every single cycle, crypto gets bigger and bigger. There's more infrastructure, there's more adoption, there's more liquidity. So I believe Ethereum could easily 3x from where it's at right now. And this is probably the easiest trade you could possibly make. It probably takes less than 30 minutes for you to buy Ethereum. And just to be clear, I'm not telling you to buy Ethereum. I'm just giving you a profitable trading setup that you could potentially make with your own life, because I might be buying Ethereum soon. And I also want to say that yes, it takes 30 minutes, but it might take a while to play out. So patience pays, remember that.
