Low-key excited for an NFT mint again ๐
@d1srupt0rs has art thatโs just beautiful and a team of builders behind it!
Public mint goes live today at 7pm UTC on Magic Eden.
Not missing this one!
Good morning if you can โ๏ธ๐ซถ
Traders blindly short every minor bounce and resistance. But what does this actually mean?
Scrolling through the timeline, I see 90% of the crowd has turned to shorting, everyone is making "easy money" on leverage, and any belief in a rally has been completely wiped out. Fear is at rock bottom, and the altcoin bull market is dead in people's minds.
Because shorts have won in BTC for the last year and in alts for the last 4 years, it has created an illusion that "this game will last forever."
The mountain of short liquidations piling up above has transformed into a massive fuel tank, primed for the Market Maker. I believe we will witness one of the biggest short squeeze waves in history within the next 3โ6 months, triggering the altcoin rally.
The market has conducted such an exhausting psychological warfare that even with a 3xโ4x pump from here, most people will sell and run at a loss before even hitting breakeven.
If BTC closes weekly below $57,500, Iโll shelve the short-term rally plan, but I STILL WON'T SELL. These levels are a generational opportunity for alts. Even if a deep bear market drags out, we'll see massive gains from here in 2-3 years. If it drops, I'll buy the sideways range.
In short: I see the deep bear scenario as a low probability, and the massive short squeeze as highly likely.
Iโve tuned out the noise on X, and I'm holding my bags.
The plan is solid, the process is clear.