@DaxxTrader With some countries currencies collapsing, perhaps they seek wealth in AXIE, some people were making more in the Philippines from
Playing than working
@DaxxTrader If they zoomed out on the SPX, you can already see the rounding bottom formed. Give it 6 months and we’ll probably look back at how obvious it was 😂 AI narrative, stocks well below fair value, Lithium/Battery metals booming. The list truly does go on
@DaxxTrader The weekly looks incredible when you zoom out, the lows put in through 2021 have been reclaimed and are being tested now. Weekly closes as a bull hammer would be turbo bullish, close below 28800 on weekly would look trash from a macro outlook
@DaxxTrader I think like your post the other day said, why would the most powerful man in crypto, accumulate and hold price up only for it to sell off once he’s done? Intentionally causing a top and buying the pico top haha
@DaxxTrader Wouldn’t be surprised if it was something Gamefi, if we still get a solid recession, people might be drawn to gaming even more for entertainment without bleeding their bank accounts
Especially with inflation/devaluation of fiat, things like AXS amongst the poor become popular
@DaxxTrader@DaxxTrader how much of this dump do you think coincides with the SPX absolutely noping that downtrend resistance, timelines-wise it’s bang on
@CryptoKaleo@DaxxTrader publicly sold the top, consistently has been right throughout most of this bear market. Gives wayyy more alpha than you ever have.
@DaxxTrader I’m not so sure it can reclaim ATHs let alone make new ones like ETH did. Would be an unbelievable blow off top-esque market to see 1k SOL.
I’ve only been around for a cycle though and people probably said this every bear 😂
@ausstockchick There’s no way J.Powell delivers a 50BPS hike, would cause an enormous Santa rally since everyone is anticipating the pivot to go risk-on