🐳 Reason of the dump: DeepSeek. This is a Chinese startup that claims to work as good as ChatGPT, but costs 30 times less.
Why is it so disturbing for markets? Donald Trump has just announced a huge $500 billion injection in US AI sector. Turns out Chinese can do the same with only $10 million of investments. Thus, American AI market may be severely overvalued! That's how tech stocks dumped hard overnight.
Why is it so disturbing for markets? Donald Trump has just announced a huge $500 billion injection in US AI sector. Turns out Chinese can do the same with only $10 million of investments. Thus, American AI market may be severely overvalued! That's how tech stocks dumped hard overnight.
DA DUMI-DUMI: Kamfanin Trump Media zai zuba jari a cikin "Bitcoin da makamantan kudaden intanet."
@cryptotechgroup
@cryptotechgroup
💵 💵 💵 💵 1,000,000,000 #USDT (999,757,500 USD) minted at Tether Treasury
Sirach Ahmad
FOMC rate decision in less than 6 hours @cryptotechgroup
FOMC rate decision in less than 3 hours
Don't judge a project when BTC.D is at 60% up, the over roll market is dumping not only your coins
👍4
The market is totally cooked.
It has lost any sort of rhyme or reason.
We literally have:
- The most powerful Government in the world pushing to be the home of Crypto
- The sitting US president holding $400m in $ETH
And the market just keeps on retracing.
This is very confusing for almost every investor.
They cannot understand why we have all this amazing news, and yet, the market is just dropping over and over.
To me, it's obvious what they're doing here.
They are holding the market down by force.
The elites will do everything they can to ensure that only the 1% win.
It's too easy and obvious for everyone to just buy on all of this good news and the market send hard.
And winning in this game will never be easy.
They are totally and utterly exhausting market participants in every way they can.
Forcing everyone to believe that its all over, market has topped and its over for now.
Then, at some point, when we have all given up...
They will send it so fucking hard that no one will have the chance to get back in.
You do not have an industry being adopted like this and it not, at some point, achieve MASSIVE price appreciation.
It IS going to happen.
But I cant say how long they are going to grind us down for.
They know the vast majority of us are sitting in alts.
And they DO NOT want to help us all get rich.
The system is designed for you to lose.
And this situation is no different.
The term HODL has never been more relevant.
Do not let them shake you out.
It has lost any sort of rhyme or reason.
We literally have:
- The most powerful Government in the world pushing to be the home of Crypto
- The sitting US president holding $400m in $ETH
And the market just keeps on retracing.
This is very confusing for almost every investor.
They cannot understand why we have all this amazing news, and yet, the market is just dropping over and over.
To me, it's obvious what they're doing here.
They are holding the market down by force.
The elites will do everything they can to ensure that only the 1% win.
It's too easy and obvious for everyone to just buy on all of this good news and the market send hard.
And winning in this game will never be easy.
They are totally and utterly exhausting market participants in every way they can.
Forcing everyone to believe that its all over, market has topped and its over for now.
Then, at some point, when we have all given up...
They will send it so fucking hard that no one will have the chance to get back in.
You do not have an industry being adopted like this and it not, at some point, achieve MASSIVE price appreciation.
It IS going to happen.
But I cant say how long they are going to grind us down for.
They know the vast majority of us are sitting in alts.
And they DO NOT want to help us all get rich.
The system is designed for you to lose.
And this situation is no different.
The term HODL has never been more relevant.
Do not let them shake you out.
👍6