The crypto faithful are an enthusiastic but impatient crowd. The last couple months of choppy price action has been frustrating for many – especially when other risk markets (i.e. equities) keep printing fresh highs week after week.
Heading into 2024, we outlined a speculative timeline for how things could transpire this year. We cited favorable liquidity conditions, the launch of spot
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thanks for share.
I wonder where can I get the date and the chart of fed liquidity + pobc ass ?
I created a custom index on Bloomberg (unfortunately can't share the data) but you can easily create a proxy index to track Fed Liquidity here: https://fred.stlouisfed.org/
Fed Total Assets - TGA - RRP
I'll add the latest carnage in crypto markets has pushed a bunch of tokens into oversold territory (e.g. WIF, SHIB, WLD, BLUR, RUNE, TIA, JTO, JUP). SOL is also on the verge too...
