Might feel like the bull market is back but equities are slamming into resistance and the worst of bankruptcy are not over yet. Too many people still believing
This crash started as a result of the war in Ukraine. Next leg down comes after reality has set in market realises we are in a recession.
CPI came in lower than expected however the central bank is still tightening monetary policy. There is still unknown contagion effects from FTX bankruptcy. This spike is a good opportunity to take on a short
The biggest fraud in crypto just blew up and ETH is only down 25%? There is no way this does not have huge contagion effects to the rest of the market. Rumors about Gensis have been spreading, just like 3AC after the Luna crash.. it took a month for the market to catch up.
The entire way down everybody has been yelling "pivot, pivot!". Once the last ones standing blow up nobody will pay attention anymore to when the FED is actually easing monetary policy
Long then short, August and September usually red months - October time to breath. December and January bad months. Quantitative Tightening still in progress.
Buy for $2.50 in 2023 and sell for $500 in 2026. Good luck anon, don't fumble the bag.
4th of May was the FOMC pump right before the Luna blowup. This was the last time the majority was bullish, unfortunately when we revisit this area will also be where everybody will turn bullish again after selling eth at $1k and $17k
Ethereum classic. I fumbled on this trade by not doubling down. Either way I still caught one of the best 24h performers
Coming to a neighbourhood near you. The credit crunch has been priced in. ETH merge hype will quickly be sussed by the FED doubling the rate of QT in September. Have fun longing until the merge and fading the top buyers
May be the last time we see EURO above one dollar. Enjoy the view
Liquidity levels. Deleting annotations from this chart because Ethereum is going for the liquidation at 1150. Forced liquidations could send it to $420
Liquidity levels. Deleting annotations from this chart because Bitcoin is going for liquidations at 17k
TA does not work on market dominance. We will have to see. Clean three tap into range lows
Good RR for a long squeeze here. First target $30k ofcourse, but if it gets there why stop right?
Tree tap targetting into the range high. FOMC on the 14th of June so wonder how high we will get until around that time. Oil is also pumping towards new highs and only $30 away from ATH. When oil spikes monetary policy makers WILL have to take swift action
You could say we are entering a period of stagflation similar to the seventies. Foreign countries had started to pull back their gold to protect themselves against inflation while the US was financing the failed war in Vietnam. After the Nixon Shock, gold skyrocketed 12x and we entered a system of free floating currencies. From the ashes of the twin oil crsis of...
We are here, where altcoins fled to safety into Bitcoin during the last exit rally. Bitcoin went up but altcoins stayed flat. After that altcoins went into straight death. This time all the altcoins are denominated in ETH on the Ethereum chain