On a quiet day

No new charts to add in ETH land. The tiger seems to be not very hungry. Or may be he is choosing the next target.

Talking about the targets. The cryptoinvestors have lately been active in pouring the money into different projects. Some of them seem to be pretty interesting, others are pretty much pump and dump and nothing more.

What all of them have in common, however, is the fact that they can also be implemented on Ethereum platform. Sometimes the author has a feeling that what we witness now is just a test-run. Unless big money and great product teams (not just tech people) will start implementing these ideas on Ethereum.

May be this is just a wish, as the author himself is also working on two projects at the moment. One of them was quite poorly executed on STEEM. The author believes it can be done better.

As for ETH sentiment. Based on the latest news, as said in the beginning the majority of traders/speculators moved somewhere else (XMR, FCT, LSK to name just a few). It means low volume on ETH. So it’s good basis to finally make a good move up.

And as shown on the picture below:

The message is clear -> The ETH will be dead. Well, looks like the time for ETH to grow is indeed near.

Enjoy the suddenly returned back hot summer.

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