Ratio wise, there are two upcoming S/R Gateways at $182 & $256 est. (future liquidity pools). The current structure status is that it’s climbing at a stable pace.
I suspect a correction is in order at this level as early buyers are in profit and are mentally feeling anxious from the fear of the unknown. Specifically with BTC prancing around with an element of surprise at this time.
A healthy correction to the $90’s +/- price zone will give retail an opportunity for a dip to restock.
There is no point to drive the price up too quickly IMO, retail will take their time to accumulate and ONLY then continue onwards to the gateways mentioned above.
Stock and Crypto market appetites are merging. What’s another 1.5x? Not a fantasy.
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