TradingTank

Remember last Oct/Nov was terrible for crypto. And now we are starting to see equities pull back. Timeline is still omega bullish.
Just saying, it's worth being careful and a little more patient than usual here.

Strong candles to close out the day on the indices.
Nothing's for certain but it's difficult justifying a massive breakdown on crypto if stocks extend into the end of the week or beyond.
If we get a sustained run on $SPY $Q into next week, we could see a new bid on $BTC .

My biggest regret this entire cycle will undoubtedly be fading the @variational_io airdrop. What a legendary exchange. They deserve Hyperliquid-type success.
Will be happy with my peanuts airdrop I guess.

Problem with all these exchanges is that they want something from you without delivering anything in return. All DMs are the same. "Generate x millions of volume per month and we give you a cut".
There's no innovation happening. Everyone's trying to be the next Hyperliquid but no one wants to put in the work to attract real users and keep them. 99% of exchanges will fail in the long term because of this.

Price action across crypto is brutal with stocks making ATH
Make no mistake, way more money is flowing into stocks than crypto and this cycle is not like the others (if you are making the argument we’re in some sort of bull market for crypto).

I had hopes for $TAO but honestly the chart doesn't look interesting anymore on the $BTC pair. Probably a sweep of the September lows before the next rally attempt. A 15-20% potential downside imo.

$ALTS just got KILLED
Hold onto your hats! 🧢

And just like that, post engagement is gone again. Interest is like bear market lows.
Either we just had the shortest bull market ever, or people aren't prepared for what's coming. I'm not sure which yet.