looks like i’m not the only one

3k should be defended well

any sustained move lower than 2.8k gonna be a bit concerning

reached my buy zone

started buying SPOT in small clips and will probably buy down to hold

also added a small low lev long to supplement

shouldn’t get liquidated but if i do this market is over

i am supporting the calvary w my $200 in addition to their 30m positions 😁

Last time fear was 29? January 2023

“Overall, it would seem that the idea of the overhang has spooked markets more than the actual selling will.”

https://blog.coinshares.com/estimating-the-market-impact-of-mt-gox-repayments-ec4a4927e50d

if we remain around current levels despite repayment news, then i'll note it as a sign of strength

or simply that the fear selling is mostly done

watch the market

guess who fumbled 6 figs

yours truly

had to play it safe given overall market conditions 🥲

> U.S. nonfarm payrolls 206K, Exp. 190K

> Unemployment rate 4.1%, Exp. 4.0%

this eth trade is doing decent

i dont think this rally sustains, so will probably tp if it goes higher

esp for my lev position

QCP: Spot prices have stabilised suggesting decent support around 54k. Today’s US jobs data shows a downward revisions for both the April and May numbers. This confirms Powell's disinflationary path and potentially earlier rate cuts with both September and December starting to price a higher probability. — link

life alpha, but also applicable to crypto in some sense

worth a listen

your attention is so precious

https://open.spotify.com/episode/05Ve8pMS5bKRnuYS7Pq2Z6?si=So7Tz4cuQL6wE_yS29n1pw

very strong bounce on these sol memes

i derisked more on this bounce, because as mentioned i think the bounce is not sustainable

will bid with more confidence once overall market stabilises

sol is showing good strength tho

i have stink bids at 110 - 120

might adjust some to 100ish instead