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RE: Capitulation

take a look at the past 36 hours in ETH. That is what a capitulation actually looks like and one of the first buying signals ETH has had in months. Looking at the chart you will notice that the seller pressed it below 300 and there was zero bounce meaning that it was not done yet. Then everyone who was buying 250+ trying to hold the line was force to puke it up around 165 and then you saw a 30% rip in 24 hours. That is what an intermediate bottom looks like. A long term bottom is formed over days and weeks but this is the best start we have had in the last 6 months

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