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Crypto Bull Market Confirmed: Ethereum Prepares For Launch

Ethereum & Layer2s get ready for liftoff, altcoin season is upon us, NGMI Capital portfolio updates, merch, and more.

Tom Mitchelhill
NGMI Newsletter
8 min readFeb 28, 2024

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The market looks extremely different from how it did a year ago, and the same behaviors/thought processes that made money back then simply won’t work today.

In other words — don’t overthink it.

Strap on your left-curve hat and keep bidding.

Dips are for buying. Source: X

Ethereum: slowly, then all at once

I know that quite literally every human being who has ever owned cryptocurrency has flipped bullish on Ethereum right now, but that’s because sometimes the most obvious trade is the trade.

Remember how Bitcoin started turbo-sending midway through last year — driven by the catalyst of an impending spot ETF approval? Then after it was approved we saw billions of dollars worth of new inflows and a surge through $50k?

Yeah. Now imagine that — but for Ethereum.

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NGMI Newsletter
NGMI Newsletter

Published in NGMI Newsletter

Investing in crypto is hard. This should help clear things up.

Tom Mitchelhill
Tom Mitchelhill

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