DiveInDefi – Telegram
DiveInDefi
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Crypto, economics, TA & shitposting.

All my personal thoughts. I am not a financial advisor and all my posts are no financial advice! Do not take my words for your
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DiveInDefi
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Speaking of hopium, alts like $SUI are having the bullrun of their lives. Unfortunately, the current run is very picky with alts.

I have a tiny bag of SUI but will take some profits anyways if we break this lower red channel
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More buyers than sellers
Higher sell volumen than buy volume.

Whales unloading, retail buys.
SPX futures open and dump, btc follows
The problem is that we are losing the 20W moving average
DiveInDefi
The problem is that we are losing the 20W moving average
Also lost the 100D moving average.
Most important up-trends are being lost here.
Not good at all
You can twist it as you want, my hopoim is decreasing hard.
The only question is: Will the alts that are hitting previous cycle bottoms go lower or hold if btc gets another leg down.
I see broken supports across all charts.