Never Waste a Good Liquidity Crisis

Sep 1, 2021 • 10 Min Read

Key Takeaways

Bitcoin stalled this week but continues to trade above its 200-day SMA. Ethereum received some late inspiration and has surged beyond $3,500 for the first time since the industry drawdown in May.Dating back to 2011, September is the only month in which $BTC has experienced a negative average return (this should not be a grave concern for investors).Bitcoin’s supply action last week was an anomaly as coins resume being removed from exchanges and LTH supply reaches an all-time high.Ethereum price action reflects similar bullish supply dynamics ushered in by EIP-1559 and ETH 2.0 st...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

Keep reading by starting your Free Trial today!

You are reading the last free article.

Already have an account? Sign In