Thoughts:
$SPCEX IPOs, sucks liquidity from crypto, semis, AI, etc (already is tbh)
It tanks, markets tank, sucks for a couple months, Trump comes with the bailout cause he can’t let the market suck forever
Generational entries somewhere in that timeframe
the current sentiment on $btc and crypto is hilarious. we literally have been up only for 2 years straight
set your targets, get the fuck off this app & you’ll thank yourself for not listening to someone else’s advice rather than your own
market looks terrible here on a HTF. would love to see some rebounds on blue chips through q4.
all-in-all I still believe accumulating a $sol & $doge bag at cheaper prices is attractive with the ETFs around the corner.
may take time to play out but it will.
$BTC Perp Market Data, in partnership with @Bybit_Official
$BTC Perp Data (Open Interest, Rates & Delta)
Market is moving into hedge mode here with more people opening or adding to short positions
Binance perps has been quite aggressive with hedging into daily close today
Bybit perps more on the lines of longs capitulating & new shorts coming into the market currently
$BTC Aggregate Perp CVD
Aggregately longs are closing at a faster rate here & shorts opening into price which plots the CVD lower than current price
Market expectation of price falling off a cliff so to speak
$BTC OI - Normalized CVD
This metric is moving lower too with the current selling from longs closing & shorts opening
$BTC Quarterly Annualized Basis
In this current decline APRs are getting crushed along side basis rates
This is healthy imo
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