Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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Forwarded from unfolded.
ROBINHOOD SAID TO CONSIDER LISTING CRYPTO FUTURES IN US, EUROPE: BBG
don’t blow up before the main event

not the first story i’ve heard in recent days

https://x.com/cryptonad_/status/1808247218421522622?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
Forwarded from Ian's Intel
⚠️ TAO wallets/validators hacked. The chain is now in safe mode: all transactions including transfers are now paused. — Bittensor Discord
😁2
derisked slightly across positions

1. majority of tl expects lower
2. seems like a lot of people are sitting in majority cash
3. feels as though bulls have exhausted funds buying the dip trying to defend levels
4. some bulls have flipped bearish even

my question is who else is left to buy at current levels?

i'm still giga bull and idt the cycle is over so ill still hold my spot positions, but derisked some to be safe
the question to ask yourself is

selling now and it runs higher
vs
roundtripping your gains

which one hurts more for you?

then act accordingly
i'm always in the camp of the latter because capital preservation is so important

live to fight another day

stay alive til the main event

round tripping hurts way more than buying back higher for me
🤝13
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Forwarded from Moonbags Markets
Just too much confluence for mid September

1) Market expects rate cuts
2) CZ released from prison
3) Lunar eclipse
4) Upcoming election
5) ETH ETF trades by then
6) Tradfi big boys done with summer vacation
7) Mercury retrograde ends August 28
Forwarded from Moonbags Markets
Woke up to dying traders and rekt plebs because of the market dump and I couldn't stay away any longer. Also having trouble sleeping.



A reminder that the current scenario has already been given by me in May

Market is trying to find a higher low and has been chopping for months

Failure at 56.5k opens the door for 52k where it should find a more healthy bottom. Wicks below are possible but so is stopping short of 52k.

I also said 52k is more likely now because of Mt Gox

Total3 may actually need to run below gcr low now as this imbalance is always a core issue for ogs to feel like they are in control again and start bidding lmao

On the off chance that we have bottomed already, we will still be in a disgusting grind until probably late August to early September