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Retail traders say: “Crypto is done for”
So retail traders went to the U.S. stock market
As it happens, most of the big money there had already pulled out
Retail traders had barely gotten in before getting put through the wringer again
Retail traders say: “The U.S. stock market is done for”
Finally, retail traders went to even lower-tier securities markets, such as A-shares
Then the big money pulling out of A-shares gave them another beating
In the end, crypto wasn’t done for, the U.S. stock market wasn’t done for, and A-shares weren’t done for either
Only the retail traders who thought they were clever were done for
That’s the story of this cycle. If you’ve been congratulating yourself these past few days for trading U.S. stocks, all I can say is you’ve been lucky—and you should get out fast. The financial leverage in this cycle moves too fast, making this the most brutal shakeout in more than a century
$BTC
$SNDK Bearish
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