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
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Well it was fun while it lasted.
Market is very weak atm
😨1
„this was the final shakeout“
😁9
Given the past months of price action, we are going to see next:
Final Results
75%
>124k
25%
<100k
👍1👎1
Feels like a bear market with alts down 10%. Stocks up and no news whatsoever
😭1
When SPX starts to tank, which it will at some point, I believe all hopium is done
🥴1
One support after another breaking.
Asia session dumping as well any time they wake up.
This is what we saw in the last bear market.
Seems like 10/10 killed all remaining bulls.

Not going to predict any more bounces until we bounce. 100k will be important tho.
Nothing to brag about after alts did -10% yesterday. But seems like most longs are liquidated.

Also seems like selling has slown down a lot. I mean who wonders when many alts are at 5 year lows.
$ZEC at ATH
$ICP up 33%.
Can't make this up
I just opened an old chart.

Last time, pico bottom to pico top was exactly 1064 days.

Unless we make a new high before bear, we also topped at exactly 1064 days.
Bear markets literally lasted exactly 364 days as well.
On a bullish note: 103k is the current 50D MA for BTC. A decent support but not the greatest.
200W MA is at 55k.

On a daily, we are below the 21, 50 and 200D MA