People are in total panic, selling their bitcoin:native and other holdings, while $USDT.D dominance is heading towards an ATH.


I indicated this bitcoin:native level a while ago.
The first EXTREME DISCOUNT moment has already been taken advantage of and resulted in a P&L of ~20% on spots.
The second EXTREME DISCOUNT moment is now approaching, and might be partially skipped looking at other market indicators.
It's always the same story, people are in total panic and miss the bottom. This is exactly what is happening now.
ethereum:native is also at a level I marked a long time ago.
Yes, we can go lower, do I think it's likely? No.
If we lose the next level, I will once again look at shorts, as I have been doing for a longer time as indicated in my analyses.
The only ugly thing is that on ethereum:native we have already taken the closest liquidity, and on bitcoin:native we have not.
BTC1.39%
ETH2.14%
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