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
$ETH the same
*** invalidated for ETH at the moment. BTC still broke out and holds above the triangle
DiveInDefi
$OTHERS descending triangle
Broken down. Main support at 253b
All AI shitters bleeding to death.

Let's see if we can catch a local bottom for a quick long scalp :D
It is crazy how some alts are literally going to 0, while others are holding up fairly well.

The market has never been like this. The crazy amount of diluiton has brought us this shit show.

I blame Solana for the most part.
I respect shitters like Fartcoin. But similar to $TRUMP and others, it is better for the market if they are going to 0
DiveInDefi
Looks like we might find a local bottom here
I still think we can go a bit lower. Don't get too excited, yet. BTC might also take out the liqudiity at 93-94k
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Hopium
DiveInDefi
Selloffs like this usually get a quick recover and then another retest towards the lows.
Still everything expected so far btw.

If we break the dump lows, I really start to give up.
$BTC at main LTF support here. A break will be another flush and in my current expectation, the last one (if we are still bullish overall).
$FART
DiveInDefi
Sentiment follows price
Shit can turn around quick.

We see price -> bad price -> crypto bad.

This is why everyone is attracted to shitters.

If all the main shitters like Fartcoin die, maybe money rotates in utility coins after people got rekt on fart and trump
DiveInDefi
Bear trap?
BTC squeezing at the tip of this descending triangle again