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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The fact we just dipped through this resistance like through warm butter tells me there is absolutely no strength in BTC.

If SPX doesn't magically bottom here, we will see more red in the next days
I am used to pain. Has been much worse before tbh.
Sucks to see $OTHERS make a lower low here.
Is didn‘t expect it to be this bad tbh.

A full zone of demand is coming now though. It can go anywhere from -0 to -50% from here.
To say something bullish and at least have some hope:
BTC is at 30% correction. Its basically the magic number for BTC corrections during bull markets.

Might be something. Probably nothing tho if stocks don‘t reverse.
I think we will bleed/sideways until we get a macro political change.

Price action doesn‘t indicate a V shape correction. Too much fear. No greed.
This is good. Needs to get further down.

Been taling about this imbalance for months.

Once they bottom and stop bouncing back that much, it is better for the overall market.

Wealth concentration is never good. This imbalance is the reason for shitty markets.

Same situation with BTC and the rest of crypto.
Forwarded from Watcher Guru
JUST IN: Jim Cramer says today's market sell off shouldn't scare investors.

@WatcherGuru
I do personally think it is very likely that 69-75k is the bottom for bitcoin/ at least before we see a good short-term rallye.

Have in mind that levels often get front run.
73k should be the ultimate target.

Considering Money supply moving up, I believe we don‘t go as low as many people might feel right now.
🕵️ Ceffu deposited multi-tokens / coins on Binance in the last 3 hours, totaling ~$59.85 million.
Forwarded from Watcher Guru
JUST IN: Fidelity files to add staking to its Ethereum ETF.

@WatcherGuru
Watcher Guru
JUST IN: Fidelity files to add staking to its Ethereum ETF. @WatcherGuru
Good for ETH, bad for LDO if they use their own solution. Sucks, my LDO bags are heavy under water now.
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Forwarded from infinityhedge
*TRUMP ORDERS COMMERCE SEC TO DOUBLED TARIFF ON CANADIAN STEEL, ALUMINUM; THREATENS CAR TARIFF HIKE
Remember: every additional time this happens, the effect will be weaker
Once the market doesnt give a shit about these things no more, we bottom
DiveInDefi
Once the market doesnt give a shit about these things no more, we bottom
When bullish news don‘t pump -> top.
When bearish news don‘t dump -> bottom.
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