NFT Morning Show - Friday 3/10
The Daily Bone (Formerly The Nifty)
00:00
Is This an Exceptional Moment?
The volatility of ETH feels much lower than it has been in the past. And I think a lot of that is because we're seeing like, what is the actual pricing of these assets have to do with anything? Like, who's leveraged long ETH right now? Nobody, like you were probably liquidated already. That's just when things go really bad. The weirdness of the last time is all the risk assets have been going down, but employment has held stable,. wages are going up. There's these weird counter indicators that used to move together.
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