Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
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setting some stink bids
caught some bounces, closed for small profits

moved rest of my bids lower and will just observe first
closing to enjoy the rest of my holiday
HyperliquidX twitter was compromised. Any new posts or links from the twitter account are fake. Do not click or engage with them. The account is being recovered.

hyperfoundation.org and hyperliquid.xyz are safe.
Forwarded from Wu Blockchain News
Singapore Gulf Bank (SGB), a fully licensed digital bank, has launched SGB Net, its real-time, multi-currency clearing network built to support the growing operational needs of digital asset participants. The platform enables free transfers around the clock — without relying on SWIFT or being constrained by traditional banking hours. — link
Forwarded from Coingraph | News
JUST IN: Strategy reports a 13.7% Bitcoin yield YTD, $5.8B Bitcoin gain, and plans to raise $21B for further Bitcoin buys, with its 550,000 BTC treasury now worth $53B, reflecting growing institutional dominance in the Bitcoin market.

Telegram | Twitter
every shitcoin cycle will get faster and faster

alarming amount of platform launches and constant vamps day after day

likely to not revisit 2024’s easy mode, probably doesn’t get easier than this anymore

this is for the trenches specifically
holding time will have to increase imo

at the risk of your bag dying too

new game, same rules
Forwarded from Tariffs (synoptic.com)
Beijing weighs fentanyl offer to US to begin trade talks - WSJ. https://t.co/vQrXOYk2BP

Tweet URL: https://twitter.com/financialjuice/status/1918335611938722138
Forwarded from Jlabs Digital
Another Death Cross Accumulation

The previous two times we saw a death cross, negative funding rates persisted before we broke higher.

Main difference this time, accumulation is stronger than ever.

The death cross happens when the 50dMA crosses below the 200dMA. Media outlets tend to use this term to instill impending doom in the market.

When we go ahead and look back to see what’s happened the last two times we had a death cross (red dots on chart w/ vertical white line), we can see about a month or two after the cross, price went on a run.

But that’s not all…

During these bearish moment, funding rates tend to remain negative throughout these bearish moments. It’s a situation where market positioning and social sentiment seem to pair up.

As the market starts to pivot out of its funk, we get upticks in open interest while negative funding rates perisist. High upticks in OI are seen in the yellow circles while negative funding rates are in the blue circles.

Note the common occurence of yellow and blue dots shortly after the death cross. It’s a similar setup we see today.

The main difference…

Whale accumulation is stronger than the last two death cross occurences. Accumulation has been consistent over the last couple months for Bitcoin. And as price rallies, this accumulation hasn’t subsided.

The main item to watch out for… Is if we get a pullback with some relief in the open interest.

That’s your cue that the market’s pivot from bearish to bullish is about to pick up pace.

https://share.pandaterminal.com/s/iaKIsU6J