BGC Priv Journal
https://www.msn.com/en-us/money/markets/japan-s-next-prime-minister-could-make-rate-increases-tricky-for-bank-of-japan/ar-AA1NVREh i think this is partly why crypto started getting weak a few days back, new prim minister of japan not wanting the boj to continue…
that newsflow started coming out around here (blue is yen futures, green is dxy)
BGC Priv Journal
that newsflow started coming out around here (blue is yen futures, green is dxy)
dw, just sharing to take note of what may have contributed to the halt in momentum, idt its raising any alarm bells atm
❤1
interesting bid on TAO just now - its was breaking back down into the wedge and that bid just reversed it to try and break it out. Felt purposeful. HTF charts kind of wild
🔥2
BGC Priv Journal
interesting bid on TAO just now - its was breaking back down into the wedge and that bid just reversed it to try and break it out. Felt purposeful. HTF charts kind of wild
anyone know the tao catalyst? am going to look into it a little. Only longed last night bc that bid flow felt to purposeful/calculated to be random and something felt like it was going on
❤1
BGC Priv Journal
Alts- it feels like alot of the alts alr shed alot w/most going down since end of july. for ex. rn if this was last week with eth down 3%+, alts would be -7-15% depending and instantly. - PUMP turbo ran with sol, so its getting that 2x+ downside correlation…
didn't want to write twice (lazy lol)
similar concept to what's written in the quoted tg post
https://x.com/BlueLightCapit1/status/1976743717290594636
similar concept to what's written in the quoted tg post
https://x.com/BlueLightCapit1/status/1976743717290594636
X (formerly Twitter)
BasedGod 💹🧲 (@BlueLightCapit1) on X
On a 30% VIX move:
-Btc's down relatively "inline" with stock indices vs. 2x+ more down
- Alts are down relatively the same as indv stocks and down less than some of the really frothy ones.
- Alts are down relatively inline with alt majors like eth/sol…
-Btc's down relatively "inline" with stock indices vs. 2x+ more down
- Alts are down relatively the same as indv stocks and down less than some of the really frothy ones.
- Alts are down relatively inline with alt majors like eth/sol…
you don't fall like that and instantly recover with everything ok. Something broke, it can get worse before it gets better, be very careful. give it time to see how everything digests over the coming days before making any moves
👍5
-80% candle's across the board, craziest shit i've ever seen. there was no way to escape it with p much everything also losing function from dAPPs to cex's