Forwarded from BasedGod Cap
new lows for XLV/QQQ, stocks chad. so positioning driven lol
BGC Priv Journal
6050 hit, then we proceded to nuke across all markets due to conflict escalation in the middle east If oil doesn't climb higher, making a new elevated floor then this move is likely short term in response to the escalations and won't actually have any material…
6,150 hit 🤝
no targets for now, lets see how we react to price discovery. Current price 6,160
no targets for now, lets see how we react to price discovery. Current price 6,160
BGC Priv Journal pinned «earnings crushed expectations by a wide margin. sure there are company's that are feeling heat or had bad/no guidence, but those arent large index components so u can just not buy them. the companies that didnt have good color on guidence bc of the tarrif…»
40% of the ASTR supply is reserved for airdrops, might not be a bad idea to use the dex itself. Good sht if u cooked btw, was nice having a PVE moment for once
ASTR DEX - https://www.asterdex.com/en/referral/B27516
ASTR DEX - https://www.asterdex.com/en/referral/B27516
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hopium
tldr:
alts - alrdy been weak for a long time and this move was the flush to put them at key support area's
eth - has been weaker earlier than btc/sol and this may be the lev wipe it needs for it to lighten up, also at a key area (looks similar to the june period where it crabbed then bart/flushed
btc - started playing catch up after failing to push up past that key 115k area, but ran the stops so fast the processes may have been sped up although still be some more catchup to do
sol - coming off a strong month it may have more catch up as well, but its at a key area rn (although dips relatively shallow compared to most
everything could go down more, but interesting key area's, esp alts that front ran a lot of the weakness
tldr:
alts - alrdy been weak for a long time and this move was the flush to put them at key support area's
eth - has been weaker earlier than btc/sol and this may be the lev wipe it needs for it to lighten up, also at a key area (looks similar to the june period where it crabbed then bart/flushed
btc - started playing catch up after failing to push up past that key 115k area, but ran the stops so fast the processes may have been sped up although still be some more catchup to do
sol - coming off a strong month it may have more catch up as well, but its at a key area rn (although dips relatively shallow compared to most
everything could go down more, but interesting key area's, esp alts that front ran a lot of the weakness
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