Benjamin Cowen

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  Ethereum: The Butterfly Effect

  Benjamin Cowen

  2025-03-04

  46 topics

  29m 29s

  Today's discussion centers around Ethereum and a potential "butterfly effect" pattern that has been observed over several years. The analysis uses prior cycles of Ethereum to justify potential market moves, focusing on a butterfly harmonic pattern. This pattern involves identifying key points such as a high, a low, a macro lower high, and a macro higher low, and observing how these points correspond to specific numbers on the Ethereum chart. The presenter emphasizes that this is speculative and may not play out as anticipated. The analysis also draws parallels between Ethereum's current market behavior and historical patterns in the S&P 500, particularly during periods of high inflation and unemployment. The discussion explores potential scenarios, including a left-translated cycle for Bitcoin and the impact of quantitative tightening by the Federal Reserve. Ultimately, the analysis presents a nuanced view with potential outcomes for both bulls and bears, acknowledging the uncertainty of market predictions. The key takeaway is to remain vigilant and consider various factors, including monetary policy and economic indicators, when assessing Ethereum's future performance.

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