DoomPosting
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Degens Deteriorating
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School children in Utah were allowed to skip school to participate in violent, disruptive protesting against U.S. borders. Some of them were holding flags from the countries they or their families come from

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
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Strangely, many memecoins continue to pump

Whereas usually memecoins would dump far harder whenever the majors dump

Strange times

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ„ΎπŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ”₯2πŸ‘€1
After checking the crypto charts I thought I'd go for a drive to clear my head

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😭6πŸ’―2
Just WOW.

I dont know if this will ever happen again.

This is truly an unprecedented day in so many ways.

The 1 year liquidation map now has:

- $100m longs

- $29bn!!! Shorts

That is 290x more shorts than longs... WOAHHH!

They have quite literally cleared the entire book of longs.

Holy ffffffff.

Honestly cant believe how wild this is.... JFC.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ‘€2
BREAKING:

$1 trillion wiped out from US stocks.

$330,000,000,000 billion wiped out from crypto today.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
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The last time Bitcoin had 5 consecutive down months it bottomed. 58% drawdown during that period, this time we are at about 50%. The candles look bigger and are scarier but percentage wise very similar

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What is happening in crypto?

Since October 10th, crypto markets are now down -50%, erasing $2.2 TRILLION worth of market cap.

Bitcoin has officially erased ALL of its post-election rally, now down -10% since Trump's election.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
DoomPosting
What is happening in crypto? Since October 10th, crypto markets are now down -50%, erasing $2.2 TRILLION worth of market cap. Bitcoin has officially erased ALL of its post-election rally, now down -10% since Trump's election. πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
As of 8:00 AM ET today, Bitcoin has officially erased its post-election rally.

Yet, over the last 60 days, the fundamental picture for crypto is actually vastly unchanged.

This is why many investors are confused.

Why is crypto crashing if the fundamental picture is unchanged?

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How it feels to be a delusionally optimist bull around beartards

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