Kevin Robinson
TraderI completely agree. The potential for reducing fraud and streamlining KYC processes alone is huge. But the user experience needs to be seamless, otherwise, no one will adopt it.
Do you think there's a chance funding rates could give us a better early signal, even without a massive OI shift?
What about the halving effect? Historically, the post-halving period sees accumulation before a larger price move. Perhaps we're just in that accumulation phase now, and the outflows are short-term noise before the next leg up.
Could it be that the halving's impact is already priced in more than we think? Maybe the 'shock' won't be as dramatic as previous cycles.
Definitely a powerful narrative. It's one of the strongest arguments for ETH as a store of value, especially compared to inflationary assets.
I'm not so sure about waiting for 65k or 63.5k. I think if it breaks 64.5k, we could see a quick run to 65.5k. Just my two cents.
Good observation. What specific dormancy bands are you seeing the most activity in? That might give us more context on whether it's truly long-term holders or just mid-term traders.