This might be a bit schizo but TIA probably trades like this, with the real pump into generational wealth somewhere in December or Q1 next year. I will continue holding my core position with absolutely zero of it sold so far. I will probably trade around this thesis on my active trading port though.
Seems many on here are not familiar with the nance infinity seller from the past several cycles. You don’t step in front of them no matter what, they will continue the twap shorting until they get a huge position and then eventually aggressively sell until a fat cascade happens. These cascades won’t v bounce, they will chop for a while and that seller will exit with minimal price impact. Absolute professional and amusing to watch. Last cycle they were the entity that liquidated 3AC. When they smell blood they hunt and their strategy seems to just be “my size is bigger than everyone elses” and i have never seen them miss.
@chiefingza Sigma Chain & Merit Peak were shut down as part of CZ's criminal charges and don't trade anymore and have not been replaced. Only 3rd party MM's operating on there now afaik.
Little more realistic price action is something like this, these usually have at least one fake rejection before reclaiming but when they do it usually rips pretty violently.
@bilecikli_soll@rektober You know none of these “liquidation” maps are based on real liquidation data right? It’s based on nothing more than using extremely poor statistics for guessing where they are.
@LordCBH@mdotbrown The point is that people bitch about data centers while also using them heavily everyday. People play video games and use Google, X, Instagram, TikTok, YouTube, Netflix etc. Then complain about why we need more data centers..