I've personally put ALL my assets onto cold storage and waiting for price to recover all those big pumped green vector candles that our good friends, the market makers have kindly sold to all those traders that bought using leverage...so their essentially in a loss on those contracts they agreed to. This "pre covid" line , imo, applies to all the coins that...
Ask yourself this .... "who is most likely lying? The mainstream Western news channels or the stock market charts" ??
On one hand I hear and watch "sanctions on Russia. Companies moving out/ closing doors. Banks & financial sectors shutting down on russian and/or tied to russian compaines and individuals.
And then there's this chart. Or the usd/ruble for that...
As the chart shows, it's all about market makers unrealised profits from previous price action. A lot of green vectors under current price and similar amount above. The eco system, TVL , and its adoption growth would fundamentally favour upside but It depends on market makers unrealised losses on the green vectors below current price.
I'm accumulating as much comp as I can right now. it's the only coin I follow that has dropped 850% since all time high and its recovered all vector candles from previous pools of liquidity since its 1st pumped. the only way is up from here!
