Looking at my girl, not a single thought of the market on her mind.
Stress free.
She smiles, “babe, I saw a cute dog today.”
I laugh softly, “that’s great.”
It's official:
Crypto just saw its LARGEST liquidation event in history with 1.6 MILLION traders liquidated.
Over $19 BILLION worth of leveraged crypto positions were liquidated in 24 hours, 9 TIMES the previous record.
Why did this happen? Let us explain.
(a thread)
$BTC bouncing after FOMC is good to see, but it’s just short-term noise. Real capital won’t flow until the Fed turns the money printer back on.
ETHBTC and alt ratios still look weak. Liquidity hasn’t improved enough for a real shift.
Be patient and wait for confirmation.