https://x.com/HadickM/status/1882858357998191025
Here you see the reason why alts are doing terrible.
As stated previously: When new people join crypto and lose money -> they don't have interest in exploring more.
All the rugging in Solana is toxic to the market as a whole. The majority loses while only a few make good money. And I doubt that these people buy ETH or DeFi afterwards.
Here you see the reason why alts are doing terrible.
As stated previously: When new people join crypto and lose money -> they don't have interest in exploring more.
All the rugging in Solana is toxic to the market as a whole. The majority loses while only a few make good money. And I doubt that these people buy ETH or DeFi afterwards.
DiveInDefi
With all these AI stuff going around, we might get a bloody trading day tomorrow.
Not good. SPX gonna be rejected off 6k.
All my bullishness vanishes if stocks start collapsing of course.
All my bullishness vanishes if stocks start collapsing of course.
Every1 bear posting like crazy again.
AI is a bubble. Like stated previously, Nvidia is highly overvalued with many others.
Doesn‘t change anything about crypto fundamentals and that many smaller caps and alts are still undervalued.
We still can get another bloody shakeout until people get more bullish again.
100k hold - everything is fine.
100k break - we verly likely retest 89k range.
89k break - it will hurt
AI is a bubble. Like stated previously, Nvidia is highly overvalued with many others.
Doesn‘t change anything about crypto fundamentals and that many smaller caps and alts are still undervalued.
We still can get another bloody shakeout until people get more bullish again.
100k hold - everything is fine.
100k break - we verly likely retest 89k range.
89k break - it will hurt
DiveInDefi
We have been macro up only for 12 months. Either way, I would be very surprised if we do not get a big retracement soon again.
Maybe something like 2017/2018 when btc peaked at Christmas with a altseason an January and then big retracement. However, I do not see a long-term bear market next year but a bigger retracement before further up only.
Maybe something like 2017/2018 when btc peaked at Christmas with a altseason an January and then big retracement. However, I do not see a long-term bear market next year but a bigger retracement before further up only.
Mhmm. Maybe everyone was just front running the 2018 cycle by a few weeks.
BTC looks like the cycle is done.
Alts are missing one leg up to complete 5 waves though.
BTC looks like the cycle is done.
Alts are missing one leg up to complete 5 waves though.
It is getting very ugly in alts while btc hasn‘t even touched 100k. I can see a flush today though when wall street opens.
DiveInDefi
It is getting very ugly in alts while btc hasn‘t even touched 100k. I can see a flush today though when wall street opens.
People are literally jeeting everything at this point.
I feel like this is going to be a bear trap. You simply cannot train crazy models without the needed hardware.
I feel like this is going to be a bear trap. You simply cannot train crazy models without the needed hardware.
DiveInDefi
People are literally jeeting everything at this point. I feel like this is going to be a bear trap. You simply cannot train crazy models without the needed hardware.
People believing the $10m story are the same people thining XRP will become new Swift and go to $1000 and lend money off their parents to get rugged onchain.