Gold
Gold|Jun 06, 2025 09:39
Position update: My bias is that was the bottom. Pushed down due to the infighting between Trump and Elon. Also $100k retest confluence I bought ETH at 1417 on the move down. I think ETH will likely outperform BTC in the near term. The flows are ramping up, even beginning to outpace BTC. Large entities are also staking their eth SYRUP - nothing fundamentally has changed. The numbers are up only (TVL, revenue) and RWA fundamentals will only keep accelerating and improving. I really think this will be a kingmaker trade GRASS - another fundamental play. Also bounced well, lots of relative strength.
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