Alts always tank like crazy before BTC and especially stocks move bigger.
Gives me a bad feeling for the next days…
Gives me a bad feeling for the next days…
🤔1
However, if we pump from here we arw still somewhat good. Don‘t giga panic, yet.
DiveInDefi
SPX on support. Nvidia earnings in a few hours
Nvidia down 3.5%, SPX up 1% and BTC up 2.7%
I like!
I like!
DiveInDefi
Nvidia down 3.5%, SPX up 1% and BTC up 2.7% I like!
Spx and btc turned around. Not lookimg good. Ngl, I get a bad feeling
DiveInDefi
Spx and btc turned around. Not lookimg good. Ngl, I get a bad feeling
not so much about alts tbh. They are so far down. They can go further but I dont really see a point in selling
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They will start printing again soon
Usually, weekends are scam pumps and we dump intra week.
Can we Uno reverse this and scam dump this time during weekend and pump next week?
Yes? Ok thank you!
Can we Uno reverse this and scam dump this time during weekend and pump next week?
Yes? Ok thank you!
DiveInDefi
Week not closed yet, but if we close as is, I am wondering what happened before with a weekly close like that. I can only find a close like this after the 2017 bull top
This would come as close and end in a brutal downspiral. Let's hope it is different. What is very different, is that we have been consolidating in this 50k-70+ range for many weeks. This is giving me hope that bears run out of coins
BTC is at a terrible spot: while SPX is on its main support without a bigger reaction, BTC just looks beaten up. People seem to lose enthusiasm.
On a hopium side, this is what we need to have enough consolidation. I am fearful tho about stocks.
Stocks sit at ATH and usually, when the FED starts finally start cutting rates, the rate cuts have been priced in a long time ago.
Historically, in 3 of 4 similar instances, the market got shat on as soon as cutting started.
When they start cutting and the economy is still growing, we might actually have a soft landing. There is hopium but the odds stand against bulls rn.
Warret Buffet is sitting at an ath in cash.
I am still brutally overinvested and I don‘t see where I should take something out while everything is down so much. But it looks like we are seeing another shitty upcoming weeks.
Fingers crossed that I am wrong on this.
On a hopium side, this is what we need to have enough consolidation. I am fearful tho about stocks.
Stocks sit at ATH and usually, when the FED starts finally start cutting rates, the rate cuts have been priced in a long time ago.
Historically, in 3 of 4 similar instances, the market got shat on as soon as cutting started.
When they start cutting and the economy is still growing, we might actually have a soft landing. There is hopium but the odds stand against bulls rn.
Warret Buffet is sitting at an ath in cash.
I am still brutally overinvested and I don‘t see where I should take something out while everything is down so much. But it looks like we are seeing another shitty upcoming weeks.
Fingers crossed that I am wrong on this.
Expect a bigger move soon.
My bias is down but I certainly hope up as I have no powder left to DCA. Not all hope is lost
My bias is down but I certainly hope up as I have no powder left to DCA. Not all hope is lost