Tonight people sold their altcoins like the world is ending. All of this while BTC didn‘t even touch 90k
DiveInDefi
Capitulation
This is the first time I ever see funding rates being negative on Hyperliquid.
Forwarded from Alpha
For context, when Trump launched the tariff war in 2018, the S&P 500 (-12%), ACWI (-12%), China (-17%), and Bitcoin (-65%) initially dropped from march 2018 to sept 2018's intra-month low.
- US bullish on crypto
- US starts ecomomy war
- USD starts to pump
-> Everyone sells their crypto
- US starts ecomomy war
- USD starts to pump
-> Everyone sells their crypto
DiveInDefi
Look at this $ETH bottom. I have had this line (on the left), it just wasn‘t extended all the way. Was an obvious one. I wasn‘t able to look at the charts at these days because of a max pain moment where I just don‘t touch anything and hold. Beautiful…
Last time I memtioned max pain was the bottom.
I think we can argue that this was max pain for many today.
I think we can argue that this was max pain for many today.
Is this:
Final Results
13%
The beginning of the bear market
13%
The beginning of alt season
75%
None of the above