Shorting $BTC — Part 3
Stablecoin dominance is expanding again.
When cash rises relative to crypto market cap, it usually signals risk-off positioning, weaker liquidity, and less marginal buying power for $BTC.
Reminder, the new Market Wizards book by @jackschwager and yours truly comes out on the 9th. Pre order at the links below. And here again are the X handles of the traders in the book.
Kristjan Kullamägi @Qullamaggie
Lance Breitstein @TheOneLanceB
Simon Russo @simonrusso__
Lukas Fröhlich @TheShortBear
Phil Goedeker @Tradestl
Kelvin Chiu @KC_SilverCape
Jason Berry @JasonHBerry
Kenny Sharkness of @smbcapital (Kenny has no public X account)
Rick Bandazian Jr. @Off_The_Tape
Order here: https://t.co/yJ9wjrvBZR
For discounted bulk orders (US only) go here: https://t.co/gJoKIF1FBx
This morning the ES had a non confirmation when the NQ made all time highs again but the ES did not. We saw a bit of a long liquidation today. Below we have a cave that may get filled soon. See attached Market Profile chart... https://t.co/Njj1KlDBNr #ES_F $SP_F $QQQ
#NQ_F#EC_F #CL_F #US_F #ZB_
Bitcoin selling off is a great flashlight.
It shows very quickly who is just a sales guy cosplaying as a macro expert, and who can actually trade when the market stops rewarding slogans.
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