Tornado Cash narxiTORN

Attached image from the video I posted 11th August. ETH put in it's current top 24th August, then we corrected into the 6th, before now reversing. IF we rally into late Sept, then 26th is a major ⚠️date for me. We have a lot of narrative validation around alt-szn, and yet also a mix of belief and disbelief. + We have totally torn sentiment around FOMC. If they do end up igniting a strong rally tomorrow, then you have to question where the trap has been laid IMO. If this were to play out, the expectation would be we distribute in October, break down in November and potentially find a bottom in December. As always: this is just an idea. But, the idea for the past 5 weeks has been good. + I imagine this is scenario few can even fathom happening. FWIW: If this were to play out, I still think there's the potential we get major alt upswings, but maybe it comes December onward - after rekking everyone (again) fist. Also worth considering the idea I shared on ETH and the SFP, following BTC, XRP, SOL and BNB. We've already had one SFP of the weekly, and the idea was that we can certainly do it again. From the current high ETH dropped -15%, that is less than BTC's SFP. All of the other top 5 dropped 30-60%, before resuming upward. So if we do uspwing into that date of the 26th September, and ETH looks to put in another weekly SFP - then ⚠️. Again - it's an idea, and it's been right so far. Take it with a pinch of salt - all ideas are fallible.

Truly incredible, gentlemen! Week after week, the bears have been getting torn apart here, and they never learn, haha. The green band I drew in the last analysis was literally where the bulls reacted as expected, and we soon attacked $123K again. It looks really good and ready for a new ATH soon. Note that today we've already started forming support above $118K, which should be the new level for the bulls to defend and attack higher. We've improved the indicators a bit, although we're still quite hot on the RSI. Anyway, I'll say the same thing I said in the last ETH analysis... JUST BECAUSE WE'RE HOT HERE DOESN'T MEAN WE NEED A CORRECTION NOW. RELAX AND LET THE PRICE DO THE WORK. It's important to remember that the EMAs performed very well here, and of course, the bottom was found again in the first week of the month. Although I like the price of #BTC, I'm still focused on its dominance, which took a big dip today and helped altcoins rally. We broke an important level there (60.37%), and as expected, we saw a strong market-wide recovery (see the analysis I posted on dominance). As the price climbs to $130K, dominance is heading towards 58.66%, our most important level. This will likely push ETH above $4,800, allowing us to continue a strong rally in smaller altcoins. As long as the crowd is calling for a dip, it's safe to go up. Remember; THE CROWD IS ALWAYS WRONG! If you didn't take advantage of opportunities to buy good altcoins, then you're to blame for bad luck. We're heading to $130K, relax.

After the Tornado Cash Case Reached a Partial Settlement, TORN Experienced a Short-Term Drop of Over 18%

🌪👨‍⚖ #torn co -founder Tornado Cash Roman Storm Recognized guilty of charges of the operation of an unlicensed money transfer service and innocent on charges of violation of sanctions.