Market is playing same playbook as August 2024

Dump started from 1st week friday & went till 49k$ on monday morning. That was max panic, we bottomed & market recovered after US open

Same thing now, dump started from friday. Now it's monday morning, hopefully we are close to bottom. Market will recover after US open

Understand everyone is in max panic because of crash in ETH & Alts but I am all in here, everything I had I invested here

ETH @ 2200$
BTC @ 92k$

2B$ liquidated today

Biggest liquidation cascade right here

We got more liquidation today even more than COVID time or FTX collapse time

It is literally the biggest liquidation event ever happened in crypto 🤷🏻

It's indeed the toughest time for everyone

Toughest times usually gives you the best financial opportunity

The one who stays up will make it, the one who gives up will never make it

https://x.com/benbybit/status/1886393172152156604?t=rxY3ORddhFKTBinpFIrvtw&s=19

The real liquidation data is more than 10B$ it looks

It's a lot honestly

Think about SL hits, spot holding downs

Almost everyone suffering hard

But understand this is part of crypto, same thing happened back in August 2024 with BTC. If u look there now, the only regret you have is not buying more

I too lost a lot, but I am with you guys no matter what. This is all I can say :)

Every coin binance listed this year is down 80-90% within a month 🤯

BTC @ 99k
ETH @ 2700$ now

If u bought the dip, congrats!

Explained this few hours ago when ETH was trading around 2600-2700$

If u understand market structure, it is how it works :)

💵💵💵💵💵💵💵💵💵💵 1,000,000,000 USDT ($992,051,800) minted from Unknown to Tether Treasury
Blockchain: Tron
Mcap: 140.7 B
24h change: 1.20%

JUST IN: Bybit registers with India’s financial regulator, settles monetary fine, and expects a full operations license in the coming weeks.

JUST IN: Trump Media to launch 'Bitcoin Plus' ETF.

GCR was correct

As the time passes & market matures, the number of people making big money will get reduced and it will become harder to make money.

This cycle is tougher than 2021, 2030 cycle will be tougher than this one.

Market update :

https://x.com/CryptoVikings07/status/1888837612674425275?t=1Nf1f-UoRLtYDUIHXj8ZQA&s=19

Never had too many shorts in Ethereum