#stagnation
stagnation
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$ETH IS DEAD MONEY UNLESS THE BURN COMES BACK ๐
Low gas fees sound great for users but terrible for price action. ETH's issuance is now net inflationary again โ no fire, no lift. The chart looks like a flatline while L2s siphon liquidity and volume dries up on mainnet.
Momentum is gone and the daily structure is losing support at key levels. Every relief bounce gets sold faster than the last. This isn't FUD โ it's the math of supply outpacing demand.
Are you still holding ETH or rotating into assets with actual catalysts?
Not financial advice. Always manage your risk.
#ETH #Ethereum #Crypto2024 #Supply #Stagnation
๐ฅ
Low gas fees sound great for users but terrible for price action. ETH's issuance is now net inflationary again โ no fire, no lift. The chart looks like a flatline while L2s siphon liquidity and volume dries up on mainnet.
Momentum is gone and the daily structure is losing support at key levels. Every relief bounce gets sold faster than the last. This isn't FUD โ it's the math of supply outpacing demand.
Are you still holding ETH or rotating into assets with actual catalysts?
Not financial advice. Always manage your risk.
#ETH #Ethereum #Crypto2024 #Supply #Stagnation
๐ฅ
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