Forwarded from Gong Jiao Wei 巩娇玮
X (formerly Twitter)
Benjamin Cowen on X
#SPX / M2
When accounting for the money supply, the S&P 500 has had a hard time breaking through this range.
I find it fascinating that when accounting for M2, the tops have all been around the same level for the last several years.
When accounting for the money supply, the S&P 500 has had a hard time breaking through this range.
I find it fascinating that when accounting for M2, the tops have all been around the same level for the last several years.
just reviewed my trade journal and realised most of my recent losses are from trying to trade the counter swing/ rallies
note to self to ONLY short until the bigger market structure changes
gotta be more mechanical 🫠
note to self to ONLY short until the bigger market structure changes
gotta be more mechanical 🫠
Forwarded from unfolded. DeFi
Connext to airdrop native token 'Next' in early September — link
Crypto Mumbles
OI even higher than the run up to 30k and its quickly piling up on this dip insane disbelief by participants + i guess 28.4k is a decent level of support if we get flushed downwards further its not gonna look good
bought more ETH here at 1740
right after i posted this the market dipped even further to 27.9k 💀
edit: also added to my shorts w stops flat
right after i posted this the market dipped even further to 27.9k 💀
edit: also added to my shorts w stops flat
Crypto Mumbles
btc short update prev weekly high respected stops to entry jic btc etf approval news tomorrow pumps it past 30.5k
btc short update
completion w bonus for runners
completion w bonus for runners
unfolded. DeFi
Connext to airdrop native token 'Next' in early September — link
vxTwitter
Connext (@ConnextNetwork)
A NEW CHAPTER IN CROSSCHAIN INNOVATION
➡️ We are thrilled to announce the airdrop of NEXT!
A huge step forward for the decentralization of the Connext ecosystem, the NEXT distribution will also be a first-of-its…
💖 32
➡️ We are thrilled to announce the airdrop of NEXT!
A huge step forward for the decentralization of the Connext ecosystem, the NEXT distribution will also be a first-of-its…
💖 32
Forwarded from unfolded.
In August, the total market capitalisation of stablecoins fell 1.28% to $124bn, the lowest stablecoins market cap since August 2021. This is the seventeenth consecutive month of decline in stablecoins market capitalisation.
Crypto Mumbles
arb we've played it level to level but now it has broken down below the range i think a continuation is due given the state of the market maybe to ~$1 at least?
arb
TP-ed
venturing into new lows so its a bit iffy for me
TP-ed
venturing into new lows so its a bit iffy for me
Crypto Mumbles
OI even higher than the run up to 30k and its quickly piling up on this dip insane disbelief by participants + i guess 28.4k is a decent level of support if we get flushed downwards further its not gonna look good
aaand... scene
btc complete flush of OI
just look at the long liqs
btc complete flush of OI
just look at the long liqs
Crypto Mumbles
rn CT is starting to get flooded w bullposting if this were to play out similar to what i’ve experienced before, we’ll grind up just to nuke back down (lower than 25k) the way MMs love to play it is ideally to push price past a euphoric price in this case…
run it down pronto (jk)
back to the same btc price when i posted this
https://news.1rj.ru/str/cryptomumbles/3317
back to the same btc price when i posted this
https://news.1rj.ru/str/cryptomumbles/3317
Telegram
Crypto Mumbles
rn CT is starting to get flooded w bullposting
if this were to play out similar to what i’ve experienced before, we’ll grind up just to nuke back down (lower than 25k)
the way MMs love to play it is ideally to push price past a euphoric price
in this…
if this were to play out similar to what i’ve experienced before, we’ll grind up just to nuke back down (lower than 25k)
the way MMs love to play it is ideally to push price past a euphoric price
in this…
Forwarded from TheBabylonians
X (formerly Twitter)
DeFi Man 🫐 (@DeFiMann) on X
This is the real fee market share in Perp DEX when there is some decent volatility and not just 0.1% moves
@GMX_IO hoards more than 75% of the fees
$1.6M in fees last 48h (v1)
$60k in fees last 48h (v2)
Insanely undervalued, don't fall for the pysops
@GMX_IO hoards more than 75% of the fees
$1.6M in fees last 48h (v1)
$60k in fees last 48h (v2)
Insanely undervalued, don't fall for the pysops
TheBabylonians
https://twitter.com/DeFiMann/status/1692323001067327859
pleasantly surprised on this
in the recent run up of HMX, many GMX investors have switched over citing it is the new king of perp dex (esp when HMX was doing 100m vol and soaring TVL)
during times of low volatility, traders preferred trading more alts for % moves-> flock to hmx/ other perp dexs
now when volatility is back, the king of perp dex has woken up on its main pairings
liquidity moat? -> big traders still prefer GMX’s depth
hence, during times of volatility traders flock back to GMX to execute
amazing 75% fee market share tbh
in the recent run up of HMX, many GMX investors have switched over citing it is the new king of perp dex (esp when HMX was doing 100m vol and soaring TVL)
during times of low volatility, traders preferred trading more alts for % moves-> flock to hmx/ other perp dexs
now when volatility is back, the king of perp dex has woken up on its main pairings
liquidity moat? -> big traders still prefer GMX’s depth
hence, during times of volatility traders flock back to GMX to execute
amazing 75% fee market share tbh