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Ethereum (ETH): Our Favorite Chart

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BITFINEX:ETHUSD   Ethereum
Ethereum (ETH) chart, we are rerunning it. With the jump in Ethereum (ETH) and a melt-up in other asset classes, like stocks, we think the Fed may be pumping a lot of money into the system to ensure everyone has a Happy Holidays. Nobody needs problems like a shortage of dollars via short term loans at the Holidays.

Bottom Line: We think there is a decent chance the Fed is pumping money into the banking system...hard. Traditionally, that has benefited crypto. If that's true, Ethereum's (ETH) may have come.

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