Today was a warning.
And it's only gonna get worse from here.
(for some, it will get actually better)
Let me explain:
It's the largest capitulation day ever.
590,229 traders liquidated ($1.98B).
$240 billion worth of crypto gone in hours.
Now, we're back over $3.3 trillion mkt cap.
BTC reclaimed $100,000.
We're back on the track.
Bull market intact.
The show goes on etc.
But in reality many traders lost everything.
Completely rekt, 100% money gone.
Merely a glimpse into the future.
Let's break it down.
Simple trend analysis suggests we go way higher.
Why?
Not because I say so.
It's more accurate to use facts, numbers, evidence.
200-day moving average has been rising since 2023.
Just look at the factual SMA200 direction - trend is up.
There are billions of dollars flowing into crypto.
The law of supply and demand.
Prices will rise when demand is higher than supply.
True - a lot of that is self-fulfilling prophecy.
Also, that's simply how trends work.
They are mainly amplified by herding instincts.
Many cognitive/emotional traps involved in the process:
‣ heuristics
‣ extrapolation errors
‣ overconfidence
‣ hindsight
‣ confirmation
‣ vividness biases
These cause irrational decisions, mispricings, bubbles.
They'll be reason for giga short squeeze on the way, too.
All vertical rallies come from positive feedback loops.
And as we climb up, so does the volatility.
Volatility is a measure of risk in finance.
(ATR or annualised StdDev of monthly returns)
By definition, it will climax at the very market peak.
Biggest selling volumes, bottomless pit of liquidations.
Volatility at top will pretty much murder your portfolio.
Ask yourself:
Can you survive a day when $BTC nukes $50,000?
Can you afford a mistake worth generational wealth?
Being at the market top means you're up for such error.
You can't predict the direction up/down consistently.
Though we can anticipate when volatility will rise.
(buy the rumour, sell the news; announcements, FOMC)
It's at cycle top where everything will start falling apart.
That's when your risk management will save your ass.
Or the lack of it will kill your wallet.
Simple rule of thumb?
Size your positions by ATR.
Use protective stops (e.g. 3x ATR from entry).
The higher the volatility, the less money you put in.
Trump bought 86,000 ETH for $220 million today.
It's gonna get wild in the coming weeks.
Your only job is to survive.
🔥 MASSIVE NEWS! 🔥
100 MILLION $VRA tokens just BURNED in for Q4 2024! 🚀 This is a HUGE step in reducing supply, increasing scarcity, and unlocking massive potential for $VRA holders! 💎
The future is bright, and we’re just getting started. 🌟 Buckle up, #Verasity fam! 🟢📈
#Bullish #Crypto #TokenBurn
PoV Ethereum Burn
The latest PoV burn is complete, with 2 billion tokens permanently removed from the total supply of ERC-777 $VRA 🔥
This event corresponds to the 'Burn' phase of our migration roadmap, where PoV tokens face episodic, permanent reductions executed in discretionary tranches.
👉 View the TXID here: https://t.co/1ID2HnOhMP
Ludzkość zajęło 400 tysięcy lat od nauki posługiwania się ogniem do umiejętności lotu w kosmos. Kilkanaście lat zajęło nam zbudowanie Międzynarodowej Stacji Kosmicznej. Wczoraj byliśmy świadkami czegoś, co może podnieść tempo rozwoju o kolejny rząd wielkości.
Foto: Sergio Flores
🚨BREAKING: Walmart is now selling a new book titled The Achievements of Kamala Harris—and all the pages are blank.
This is INCREDIBLE 🤣
https://t.co/gX2LZ67Ipo
Do końca roku zostało dokładnie 100 dni
To 100 poranków i 100 nocy
14 poniedziałków i 14 weekendów
3 miesiące i łącznie 2400 godzin
To naprawdę wystarczająco, aby dużo zrobić. Nawet jeśli wystartujesz z realizacją planów od zera. W tym czasie spokojnie można przeczytać 10 książek, zacząć ćwiczyć i zauważyć tego efekty, wypracować nowe nawyki i z nich korzystać. Tylko musisz zacząć dosłownie TERAZ, bo kolejna okazja będzie za rok.
A jeśli nie wykorzystasz tych stu dni to przelecą niezauważone. Zobacz jak szybko minął czas od 16 czerwca. Tę datę i dzisiejszą dzieli właśnie 100 dni.
W nowym wydaniu 52Notatki opisuje 6 kroków, które sam stosuję, aby w pełni wykorzystać 100 ostatnich dni roku. Może Tobie też się przydadzą?
(link znajdziesz klikając na mój profil)
Sustained double digit price increases look cool!
PulseX v1.1.0 is released. MUCH FASTER!. Please upgrade. Some queries are 300x faster, provide more data, and search is 12x - 30x faster. https://t.co/oKrrDS38Eq
$VRA #VRA#VERASITY 🔴
These fractals are so similar if you ignore timeframe. Double bottom on the monthly just Like last cycle shown on the right.
Last cycle it took vra 3 months to pull 30,000% +. Turbo candles loading