Forwarded from The Bull
$LIBRA might be the last big hype of memecoins, as the drama surrounding this coin is absolutely insane, involving insiders from major crypto projects and well-known ventures, including $JUP.
Most of those betting their money on memes are gradually realizing they won’t have a happy ending, they might be wiped out.
Utility tokens need to make a comeback to drive inflows into crypto, otherwise we’re screwed.
Most of those betting their money on memes are gradually realizing they won’t have a happy ending, they might be wiped out.
Utility tokens need to make a comeback to drive inflows into crypto, otherwise we’re screwed.
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Price action is very bad on BTC here. SPX is my biggest hope right now. If we get a dip on spx we might get real blood
DiveInDefi
Great daily close!I would be very surprised if we go lower on btc
And $BTC is already pumping from this.
Look at the past days. Its just a brutal rinse
Look at the past days. Its just a brutal rinse
Forwarded from The Bull
I've heard people saying that altcoins are over—that's good overall
Even if we see another wick, when everyone is in fear, the market often makes a strong comeback (Epic!)
I'm staying until I win🔥
https://x.com/thebull_crypto/status/1892292401982488594
Even if we see another wick, when everyone is in fear, the market often makes a strong comeback (Epic!)
I'm staying until I win
https://x.com/thebull_crypto/status/1892292401982488594
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The Bull
I've heard people saying that altcoins are over—that's good overall Even if we see another wick, when everyone is in fear, the market often makes a strong comeback (Epic!) I'm staying until I win 🔥 https://x.com/thebull_crypto/status/1892292401982488594
Absolutely.
If you look at major coins like $UNI on the Monthly. I mean we had a major dip but made a lower low.
Memecoins are dumping into oblivion. People start to realize that every memecoin is 90% the insiders dumping on the rest. I mean everything is a ponzi but without any utility, there is barely any reason why a Meme doesn't go to 0 if the hype is over. This is why I am mostly staying away and am not spot buying these.
BTC is holding up somewhat well and $SPX is sitting at ATH with green days over and over.
I personally think we will get one last move. I have no clue if it is just a retest of last cycle highs or if we get one last major fomo.
I think both is a very likely outcome over the next weeks but of course, we can also just enter the bear market any time, as soon as stocks start to dump I really think it could very well be over - at least for a couple of months.
As always. No financial advice. Manage your own risks, don't follow my opinion.
If you look at major coins like $UNI on the Monthly. I mean we had a major dip but made a lower low.
Memecoins are dumping into oblivion. People start to realize that every memecoin is 90% the insiders dumping on the rest. I mean everything is a ponzi but without any utility, there is barely any reason why a Meme doesn't go to 0 if the hype is over. This is why I am mostly staying away and am not spot buying these.
BTC is holding up somewhat well and $SPX is sitting at ATH with green days over and over.
I personally think we will get one last move. I have no clue if it is just a retest of last cycle highs or if we get one last major fomo.
I think both is a very likely outcome over the next weeks but of course, we can also just enter the bear market any time, as soon as stocks start to dump I really think it could very well be over - at least for a couple of months.
As always. No financial advice. Manage your own risks, don't follow my opinion.
👍2
DiveInDefi
Absolutely. If you look at major coins like $UNI on the Monthly. I mean we had a major dip but made a lower low. Memecoins are dumping into oblivion. People start to realize that every memecoin is 90% the insiders dumping on the rest. I mean everything is…
$SPX looks very well. And as long as we stay above previous ATH: 6128, I am heavily leaning towards the bullish scenario