# End of the bull run? | Weekly Recap *Author: Ryan Sean Adams* *Published: Jun 5, 2021* *Source: https://www.bankless.com/es/end-of-the-bull-run-weekly-recap* --- Dear Bankless Nation, Crypto prices down lately… And what if we see a [death cross in June](https://www.youtube.com/watch?v=HWwGdniXfOQ&t=3647s)? [ESG concerns](https://www.coindesk.com/bitcoin-esg-institutional-adoption)? [Elon’s tweets](https://www.marketwatch.com/story/elon-musk-breaks-up-with-bitcoin-cryptic-tweet-has-some-crypto-bulls-fearing-the-worst-11622774663)? **Is it the end of the bull run?** This is the wrong question. No judgement if you’re asking it. We’re all curious. It’s fun. But the answer is the always the same. *No one knows.* *And anyway…who cares?* No one can tell you the price of ETH in one month or in one year. We can guess! To me this feels like a weeks to months pause before a big run-up…but *what do I know? 😉* Here’s what I do know for sure…fundamentals are strong. And there’s still three ETH catalysts ahead: - Summer - Layer 2 is here, it's awesome (*[watch this](https://www.youtube.com/watch?v=Bv2oKuOg86g&t=1314shttps://www.youtube.com/watch?v=Bv2oKuOg86g&t=1314s) with Arbitrum*) - ETA July - EIP 1559 means fees go to ETH holders (*here’s [the models](https://www.youtube.com/watch?v=FQTZSb3Rc9I)*) - ETA Q1 2022 - PoS Merge, issuance down, staking up (*ETH goes [Ultra Sound](https://bankless.ghost.io/-ultra-sound-money-justin-drake)*) DeFi [goes mainstream](https://www.wsj.com/articles/defi-is-helping-to-fuel-the-crypto-market-boomand-its-recent-volatility-11622712602), [Ethereum scales](https://bankless.ghost.io/the-layer-2-gold-rush-market-monday/), [ETH becomes ultra sound money](https://bankless.ghost.io/-ultra-sound-money-justin-drake)…all in the next 9 months. All while the Fed keeps printing, banks keep sucking, and DeFi keeps growing. ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/public/images/e15df378-ef73-484a-a007-cf0ef7d11784_944x704.png)*Wall Street Journal reporting on DeFi…first time this week.* I find it impossible to be bearish with this backdrop. I literally don’t care what the market does in the short run. If ETH price goes down from here…the [market is wrong.](https://twitter.com/RyanSAdams/status/1285947210765565955?s=20) But it’s been wrong before. 😉 Next week the journey continues… - We drop the long-awaited sequel to [this epic episode](https://bankless.ghost.io/the-bull-case-for-defi-vance-spencer/) w/ Vance (*he’s still bullish*) - What would it mean if Uniswap become Ethereum’s Oracle?? - One of the [Up Only guys](https://podcasts.apple.com/us/podcast/uponly-with-cobie-ledger/id1554387610) teach us how to trade like a fundamentals investors Seriously…re-listen to our [Bull Case for DeFi episode with Vance Spencer](https://bankless.ghost.io/the-bull-case-for-defi-vance-spencer/) before you listen to Monday’s ep. IT HOLDS UP. Let’s get to the recap - RSA *P.S. Bankless DAO *🤝 *PieDAO! You can earn 300% APY on your DOUGH by providing liquidity in Sushi, and all referral proceeds go to the DAO *👀*. [Follow this guide!](https://bankless.cc/PieDAO)* --- ### **Recap for the week of May 31st, 2021** --- #### **🎙️WEEKLY PODCAST EPISODE** [Listen to podcast episode](http://podcast.banklesshq.com/) | [iTunes](https://podcasts.apple.com/us/podcast/bankless/id1499409058?ls=1) | [Spotify](https://open.spotify.com/show/41TNnXSv5ExcQSzEGLlGhy) | [YouTube](https://youtu.be/KCGfwZDH26s) | [RSS Feed](http://podcast.banklesshq.com/rss) --- #### **ACTION RECAP** - Execute any good market opportunities you saw in [Market Monday](https://bankless.ghost.io/the-layer-2-gold-rush-market-monday/) - **Provide **[liquidity to Uniswap V3](https://bankless.ghost.io/how-to-make-money-with-uniswap-v3/) - **Learn **[how to use perpetuals for non-speculators](https://bankless.ghost.io/how-to-use-perpetuals-for-non-speculators/) - **Explore **[the future of work](https://bankless.ghost.io/the-future-of-work/) - **Share **[what DeFi app everyone should use](https://bankless.ghost.io/friday-open-thread-whats-a-defi-app/comments) #### **WATCH & LISTEN** - 🎙️ Listen to [The Altcoin Slayer | Eric Wall](https://bankless.ghost.io/-the-altcoin-slayer-eric-wall) - 📺 Watch [SotN #48: Arbitrum Launch | Steven Goldfeder & Harry Kalodner](https://bankless.ghost.io/-sotn-48-arbitrum-launch-steven-goldfeder) - 📺 Watch [Rollup: Bitcoin Miami Conference | Arbitrum L2 | Coinbase Apple](https://bankless.ghost.io/-rollup-miami-bitcoin-conference) #### **METAVERSAL **🧙‍♂️ - [NFTs are alive and well](https://bankless.ghost.io/nfts-are-alive-and-well) - [How to get virtual land on Ethereum](https://bankless.ghost.io/how-to-get-virtual-land-on-ethereum) - [Analyzing NFTs with DeGenData](https://bankless.ghost.io/analyzing-nfts-with-degendata) #### **BANKLESS DAO **🏴 - [Bankless DAO weekly rollup #5](https://banklessdao.substack.com/p/banklessdao-weekly-rollup-5) - [POAP x Bankless DAO Proposal](https://forum.bankless.community/t/bankless-dao-x-poap-intro-discussion/807) - [Rewarding Season 0 Active Community Members](https://forum.bankless.community/t/draft3-rewarding-season-0-active-community-members/825/6) --- ### Weekly Subscriber Perks 🔥 *Bankless subscribers get access to perks like these:* - **Exclusive: **[Debrief for The Altcoin Slayer | Eric Wall](https://bankless.ghost.io/exclusive-debrief-the-altcoin-slayer) *[Launch your own raffle](https://poap.fun/) for Bankless Badge holders! Could be good marketing…* [Get Bankless Badge](#/portal/signup) --- #### 📺 **[Episode 48](https://youtu.be/Bv2oKuOg86g) of State of the Nation** 🎙️[Listen to Podcast Episode](http://podcast.banklesshq.com/) | 📺 [Watch the Episode](https://youtu.be/Bv2oKuOg86g) **We’re now live streaming State of the Nation—[join us at 2pm EST](https://www.youtube.com/c/bankless) every Tuesday!** --- **🗞️ [Latest Weekly Rollup.](https://youtu.be/8kbbhTr7x7U) ***Download the crypto meta to your brain in this weekly show.* [Listen to podcast episode](http://podcast.banklesshq.com/) | [iTunes](https://podcasts.apple.com/us/podcast/bankless/id1499409058?ls=1) | [Spotify](https://open.spotify.com/show/41TNnXSv5ExcQSzEGLlGhy) | [YouTube](https://youtu.be/HWwGdniXfOQ) | [RSS Feed](http://podcast.banklesshq.com/rss)