$BTC $TOTAL In recent days, it was clear that we were not at a bottom, and I repeated it every day: if the OBV continues to fall like this, there is no real demand, just people trying to guess the low. Now the price has simply confirmed it.
Looking at the TOTAL, the market can finally breathe a sigh of relief at a level it is about to reach. It is an area where buyers have entered in the past, and it makes sense to expect a slowdown in pressure. I am not saying 'the bull market is back', but rather a stop after the fall, an area where something more interesting may form.
On BTC, however, the story is different. It has lost levels that were fundamental to sustaining a credible uptrend. We can joke about 140k, but if we don't recover those areas, talking about new highs makes no sense. First, we need a clean and defended recovery, not an isolated green candle.
So yes, there is some relief, and it may even generate nice rebounds to trade, but let's not confuse a breather with a restart. Until the volume changes tone and the OBV stops falling, this is just the market taking a breather, not changing direction.
for all the FUD,
Hyperliquid made more than double the revenue of any other DEX yesterday 🤷♂️
Made more money than everything else in crypto that accrues value to holders 🤷♂️
In light of the bearish crypto moves, here's some hopium for you.
The 72-day shift of the Global M2 Money Supply still looks good. It's predicting a March 26 beginning of the next big liquidity injection, and it will last for over a month.
Trump's pump was a NEWS pump. News-related pumps (whether hopeful or fearful) aren't normally lasting. This turned out to be no different.
If you want to learn more about this predictive correlation between the Global M2 Money Supply and BTC, watch my latest video: https://t.co/v9Pb6h9B49
19 Feb: " $IMG is a scam😡"
20 Feb: " $IMG is a fraud🧐"
21 Feb: " $IMG is a rug🤬"
22 Feb: " $IMG is a big scam🤡"
23 Feb: " $IMG is a slow rug🟥"
24 Feb: " $IMG is a scam😒"
25 Feb: " $IMG Dev is serial scammer🤡 "
25 Feb: " $IMG is going to rug 😒 "
26 Feb: " $IMG is going to die☺️"
27 Feb: " $IMG is financial fraud 😭"
28 Feb: " Where can I buy $IMG?!🥲"
$IMG well done! Congrats to the community!
A lesson for all of us. never trust the FUD and clowns or you will stay poor 🫵🤡
First thing in weeks I've bought with decent size
$IMG / Infinite Money Glitch
5% buy and sell tax, distributed to holders, giga ponzi, ponzis pump the hardest
My entry is $10m