#SUSHI: Big trend kicked off...

14 Nis 2021

I suspect money is rotating back into #ETH and DeFi coins, moving out of the Binance ecosystem due to the drop in gas prices caused by flashbots preventing front running bots to cause a feedback loop of increasing transaction fees, which was a problem that had sent gas prices sky high. This had contributed to the rise of BSC and sent BNB sky high (paired with speculation on Coinbase's IPO valuation and BNB or FTT being proxies of exchanges valuation catching up to Coinbase's), but that trend is likely done or bound to retrace or consolidate as money rotates back into Ethereum and Ethereum based DeFi coins once again.

I'm long a few coins here, including Ethereum itself, but I bring you SUSHI today.
Reward to risk is at least 8 to 1, could be higher if target #2 here is reached.

Best of luck,

Ivan Labrie.

18 Nis 2021

İşlem kapandı: durdurma seviyesi