So now you're gonna tell me that: 1. ETH/BTC at 5-year lows 2. MVRV Z-Score at .37 (5-year avg = 1.04) 3. ETH Supply in Smart Contracts near all-time highs (43%) 4. % of ETH Staked at all-time highs (29%) 5. ETH trading just above its 200 Week SMA (historically a good entry) 6. Active Loans on L1 at all-time highs 7. Stablecoin Supply at all-time highs ($139b) 8. 1.3 million ETH now in Strategic Reserves (1.01% of supply) 9. 4.1 million ETH in ETFs (all-time high, 3.4% of supply) 10. ETH on CEXs at lowest levels since July '16 (13.5% of supply) 11. Tom Lee smashing buy and on CNBC telling the Ethereum story & stablecoins as the "ChatGPT of crypto" 12. Joe Lubin on CNBC: "we are able to acquire 10's of millions of ETH/day. We're going to put a bid on this token." 13. Robinhood building on Arbitrum 14. Every major fintech and bank is about to issue stablecoins 15. The Fed is about to be forced to cut rates and push capital into risk assets You're gonna tell me all that? And you want me to be bearish? ----- P.S. New research drops on Friday covering the impact of Stablecoins across: 1. Circle/Tether 2. Fintechs 3. Visa/Mastercard 4. Banks 5. Ecommerce & Merchants 6. The US Dollar + how to get exposure to stablecoins in the markets If you'd like to have the latest hit your inbox when it's published, you can sign up below 👇