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Eyeing ETHBTC

June 22, 2022

As technicians, we tell it as it is.

By focusing the vast majority of our research on price action, we're simply following money flow. We hate to sound like a broken clock, but if you're following something other than money flow, it's just noise.

Ignore it.

Money flow is by definition the only driver that impacts markets. That spans from price action, derivatives data, order flow, and, in the case of cryptocurrencies, on-chain.

Apart from that, all else is noise.

In this process, we typically have a rather binary view of markets.

"Above this level, we own it. Below there, we leave it alone."

We constantly say this for a reason.

We're not trying to be obnoxious in repeating itself. We are quite literally adjusting our thoughts based on money flow.

"Strong opinions, weakly held," as they say.

 

 

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