April 11, 2023
- Last week we bought one Mutant Ape at a floor price of 13.31ETH.
- The market sentiment is still up as the total crypto market is rising to $1.2T, therefore no hedge.
- Momentum is down for most as 30D prices are down, and now, most 7D prices are down, but this is in part because ETH is rising in price.
This week we will continue to hold MAYC. In terms of ETH MAYC did decline as it went from 13.31 ETH to 13.04ETH. However, Ethereum went up from $1,871 to $1,911. So although it went down in ETH, it increased in U.S dollars. We will stick with this for another week and see what happens.
If you found this helpful, Subscribe to The Art of the Bubble’s free newsletter.