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
the support is 87.7k I am pretty sure we will retest this very soon
Support hit. Now the sweating begins. If this doesn‘t hold, it can quickly become a very painful week.
DiveInDefi
Support hit. Now the sweating begins. If this doesn‘t hold, it can quickly become a very painful week.
A daily Close above 92.2k would be the bullish outcome for today, as it would mark a bullish engulfing candle off a support. Anything below will be worrysome..
SPX still holding up
HTF is fucked now. LTF is going to bounce soon.
DiveInDefi
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PA looks like something is going on behind the scenes
DiveInDefi
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We are back in this wedge. If we hold this green support. Hopium is back
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looks like someone rinsed the market to earn on liquidations.
Would explain this
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📊 CQ: Buyer liquidity is drying up and the remaining liquidity is only circulating within the market, not expanding. Historically, this imbalance has only been corrected by lowering prices. That is exactly what happened above the $100,000 level, and now the same pattern is repeating itself.

If new liquidity does not enter the market, we may see an extended period of consolidation or short-term bounces. However, such movements will ultimately be meaningless bounces, which will likely be followed by further declines.
DiveInDefi
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IDK what else to say
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Market literally looks like 2017/2018.

Pure manipulation. You can't trade this. All you can do is DCA when you feel like its cheap
I know, many lines. But we are approaching a very important retest here. Bearish setup, hopium for a break