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DoomPosting
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Degens Deteriorating
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INSIGHT: Rolex flexes spiked after the 2021 crypto peak, hinting at rising market confidence and flashy spending.

This cycle hasn’t hit that stage yet.

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Due to the market drop, trader 0x0558 had parts of his $BTC and $ETH long positions liquidated.

He fully closed his $ETH longs, with 640 $BTC($72.3M) longs left.

5 days ago, his total profit was over $18M, but now it’s down to just $494.7K—almost all of his gains are gone.

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"Young people aren’t anti-capitalist. They’re just sick of corporate hypocrisy," per FORTUNE

Do you agree?

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Europe is cutting rates.

China is cutting rates.

The FED is next!

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Sometimes I forget that people actually think they are transracial.

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