Financial Times issues public apology to readers for 14 years of negative crypto coverage.

https://www.ft.com/content/8533f856-57f1-4765-a3dc-d866543092be

wow what a flush on btc

i got bids that actually filled

resume the pamp

JUST IN: $450,000,000 liquidated from the cryptocurrency market in the past 60 minutes.

@WatcherGuru

Being away from keyboard when a liquidation event happens is usually great, as long as you are not over-levered and you had some stink bids set.

I am just confused by the fact that all the ALTBTC charts went up on that cascade

In my opinion, that was the test dump.

Expecting a 15%-30% drop on altcoins, then a bounce where some might hit new highs, but others won’t (forming their first lower high).

good sign that eth is finally moving

don't shit on it, gotta respect it

the king of alts will have to move first

my miniscule eth holdings are happy

evm bags are popping tho

re: hyperliquid

imo the wealth effect that many are excited for won't happen anytime soon (the scale that i'm expecting at least)

whatever repricing you see rn are simply folks trying to frontrun the trickle into the ecosystem

until hyperliquid properly transitions into L1, idt it happens

also, wealth effect happens when airdrop folks sell and move down into the chain like jto to sol eco

so when majority are holding and not selling $hype, what wealth effect are you expecting

as long as the market views hype as undervalued (cause of tons of catalysts etc.), liquidity flows into hype first, not the shitters

time will be your friend if you're positioning this early

then your next issue will be opp cost

because i think if you all-in the eco and shitters too early, you'll underperform relative to the market

but you might get rewarded on a longer time frame

similar to how purr holders were underperforming for months, only to be massively rewarded on tge (delayed gratification)

are you prepared for that scenario?

best option is throw small amounts into whatever you like and write them off

because i feel like a lot of participants are not patient enough anyw and will end up with death by a thousand cuts

this is me with 95% of my hl port being in hype and 5% in random stuff

and im still looking for more random hl shitters to punt

bozos feel free to reco me on X or tg

bozos is what the hl community calls themselves right

or is that misinfo

idek

hope i didn’t offend anyone kek

current zerebro pa just reminds me of this choppy bull flag phase sub 100m

i believe it'll have its time to shine again soon

still holding strong

think i agree w stalequant - big part of why hl eco is doing poorly relative to hype is because of how much we all like hype, can’t bear to sell it to buy betas