Forwarded from Coingraph | News
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
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
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
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
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
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Crypto Mumbles
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
within a week we went from
ai -> bonkfun-> gork-> boopfun -> pope
with each new meta vamping the previous
not sure if i missed out anything in between as well
ai -> bonkfun-> gork-> boopfun -> pope
with each new meta vamping the previous
not sure if i missed out anything in between as well
best to be patient if you dw to chase and wait for visible consolidation phases before entering w your own conviction
look for something that is holding well despite these rapid rotations
look for something that is holding well despite these rapid rotations
re: pope
launched on orca not BY orca
also not affiliated to vatican or the pope
feels like a libra v2 but i think this market just wants to send something to 1b and is aggressively waiting for it
launched on orca not BY orca
also not affiliated to vatican or the pope
feels like a libra v2 but i think this market just wants to send something to 1b and is aggressively waiting for it
Forwarded from Watcher Guru
JUST IN: 🇺🇸 Warren Buffett says it might be a good idea "to own a lot of other currencies" besides the US Dollar.
@WatcherGuru
@WatcherGuru
Forwarded from Watcher Guru
Crypto Mumbles
best to be patient if you dw to chase and wait for visible consolidation phases before entering w your own conviction look for something that is holding well despite these rapid rotations
been building a position in trencher because of how well it’s been holding despite the rotations
also like the art + it has alon’s support
in face of fierce competition, alon will have to defend pf and i think trencher is a way of marketing it as well
low cap, so will watch my sizing
also like the art + it has alon’s support
in face of fierce competition, alon will have to defend pf and i think trencher is a way of marketing it as well
low cap, so will watch my sizing
Crypto Mumbles
been building a position in trencher because of how well it’s been holding despite the rotations also like the art + it has alon’s support in face of fierce competition, alon will have to defend pf and i think trencher is a way of marketing it as well …
if it breaks down i’ll dca lower before deciding again based on pa
will try to be more patient and increase my holding time
will try to be more patient and increase my holding time
Forwarded from Wu Blockchain News
Warren Buffett announced on Saturday that he will retire at the end of this year; he also said that the recent volatility in the US stock market is not a severe bear market; he criticized the United States for not using trade as a weapon, "in the United States, we should be looking to trade with the rest of the world. We should do what we do best, and they should do what they do best." — link