No surprise that narratives and sentiment is at the lowest point. IMO one final flush down to seal the deal on retail is still on the table. Not guaranteed but possible. Again, not surprising to me at all. However, once the chop is done. Upside is on the horizon. #CryptoMarket
Absolutely 💯 I've been in the space through multiple cycles. Bottom narratives are always the same. Doom and gloom to scare retail to death. $BTC $ETH $XRP #CryptoMarket
10 months down, and sentiment feels a lot like it should. Bitmex and Bitmart shutdown. Strategy selling 1,638 BTC with an average price at the 200 week sma. Crypto folk clinging to the CLARITY Act narrative for redemption. And then there's CLOWNCARD, the biggest direct loss for hardworking Bitcoiners ever; scammed by their own community's products. You couldn't ask for too much more before the bottom is in on Bitcoin.
BREAKING: BlackRock files with the SEC to issue tokenized fund shares on Solana.
BlackRock expanded its cash management strategy with the launch of BlackRock Daily Reinvestment Stablecoin Reserve Vehicle ("BRSRV") on Solana.
The world's largest asset manager, with $15 trillion in AUM, is bringing stablecoin reserves onchain.
Legacy media scaring and shaking out retail investors at the bottom. We've seen this tactic time and time again. Sadly, never fails on the majority of folks. Not me though. The rise for #crypto is coming soon. $btc $xrp ethereum:native
BREAKING: JIM CRAMER JUST ANNOUNCED LIVE ON CNBC THAT HE IS ABOUT TO SELL ALL HIS BITCOIN DUE TO QUANTUM THREAT
“I AM GOING TO SELL MY BITCOIN”
"YOU SHOULD BE PARANOID ABOUT IT IN 3 YEARS"
WE ARE SOO BACK 🚀
Bitcoin has begun to clean up some of those untapped lows below...still a few more to go.
Meanwhile $ETH is holding up a bit better for now and has yet to really begin to take the built up lows of it's own.
I think we probs get more chop as we slowly take these over the coming days/weeks.
ETHEREUM TO $20,000 IS EASIER THAN MOST THINK ⚠️
2018 to 2020 base ended with a final test of rising support beneath the old cycle range.
2022 to 2026 structure is now at the similar point.
Similar compression.
Same hated retest.
Same disbelief.
History is repeating.
5 YEARS OF ALTCOIN TORMENT ARE RUNNING OUT OF SPACE
Altcoin dominance has been trapped beneath the same falling structure since 2021.
Every recovery was rejected. Every hope was punished.
Now five years of compression are approaching one final decision.