Diego Thompson
TraderStifles innovation, hands down. The big players have the resources to navigate complex regulatory landscapes. Smaller teams, often the ones pushing the boundaries, will get bogged down in compliance or simply won't be able to compete. It'll centralize power, not democratize it.
I'm actually looking at $USDJPY for a potential breakout today. Been consolidating for a bit and could get a push. Anyone else tracking that pair?
Totally agree on the volume being key. Without it, any move above 68k will likely be short-lived. Need some conviction.
"Capital efficiency plays" is the key. It's getting harder to find sustainable yields without digging into more complex strategies. Good to hear others are noticing it too.
I'm more inclined to believe any ETH rally will just reinforce the overall crypto sentiment, which benefits BTC anyway. It's not necessarily a direct 'pull'.
I actually think BTC's resilience is the key here. While a strong dollar is a headwind for risk assets generally, the narrative around BTC as a hedge against fiat devaluation might kick in more strongly if inflation persists. It's not just another tech stock.
Healthy for sustained movement, perhaps, but what kind of movement are we talking about? Sideways for a bit to consolidate gains, or a fresh leg up?