In this week's Crypto Insight I discussed...
The consolidation in BTC between 46k and 50k which also coincides with a on-chain accumulation zone.
The outperformance of ETH which has restarted, backed up by the NFT explosion which is also evident in the transaction fees data. We also see evidence of “diamond hands” type HOLDing from the many buyers of ETH in May who experienced drawdowns of greater than 50%.
As usual we dive into the vol analytics and how the surface has evolved post August expiry which capped the market at 50k.
Filmed on on Tuesday 31st August 2021.
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