18,500 is an area that should hold as a major support level. There is currently a small correction ongoing /20k now

NFP in 10 minutes! will send the fastest alert you would have ever seen

[terminal] :
Actual: 311k
est; 224k

sent at: 21:30:06

FIRST REPUBLIC BANK SINKS 25% PREMKT
$FRC

SBNY -20% premarket

Sharing these because all linked with Liquidity.. crypto/stocks everything.. Liquidity crisis = more downside..

It won't be SVB only.

*SVB FINANCIAL ATTEMPTS TO RAISE CAPITAL HAVE FAILED

Banks. more banks

FDIC: SVB Bank Shut Down by California Regulators

Performances of Regional Banks Index $KRE

For anyone worried!

https://www.youtube.com/watch?app=desktop&v=BX0AkD4jp64

current play;

1: usdc at 2% discount to parity
2: buy USDC on bybit or on dexes (curve.fi)
3: send to coinbase
4: redeem 1:1 USD
5: USDC has inflow of redemptions

(repeat)

this one can be checked as well: https://twitter.com/sergitosergito/status/1634377940464025607

GSR Markets has been doing this for the last 2-3 hours, depositing 90 million clips (to be redeemed for 1:1 on Coinbase).

So far, they have done this with 250 million in the last 3 hours

couple of market-makers and funds doing this from the last few hours..

it works until it doesn't..

Musk: Open to Twitter's acquisition of Silicon Valley Bank

link: https://twitter.com/minliangtan/status/1634371553059119104

Coinbase redeemed at least 1.78 billion USDC in last 24hrs (slow-down)