filipe

[filipe @defigraal]

@zedbanana8

[filipe @defigraal]

@zedbanana8 @financialjuice JP 2.0 with deadlifts! Would be 100x better than Warsh

[filipe @defigraal]

@docXBT AI tells me retail still holds >50% of BTC

[filipe @defigraal]

@zedbanana8 Nice catch! Good range there. Was thinking it could stretch to 35.5 buy maybe limited here

[filipe @defigraal]

@crossbordercap What if GLI peak was delayed by China's asset bubble burst that motivated the continued increase in global liquidity, while without it the cycle would have already peaked and would now be close to a bottom again given FED QT / QE about to start (oops said it) ?

[filipe @defigraal]

@fejau_inc Problem is correlation with GLI also broken, but maybe we can blame that on the chinese not buying BTC and ongoing liquidity strain in the US

[filipe @defigraal]

@BrenzCrypto QE

[filipe @defigraal]

@glass_117 🤣

[filipe @defigraal]

@glass_117

[filipe @defigraal]

@glasstardio

[filipe @defigraal]

@airfrance This must be kidding. Your customer care service based in India is absolutely terrible. Lost a connection flight because Air France didn't update Lufthansa with ticket codes and after all claims keep getting the response Air France has nothing to compensate

[filipe @defigraal]

@airfrance Just a pity Air France doesn't pay the same attention to young passengers that are left in airports with their families due to Air France mistakes. Also a pity that Air France doesn't take responsibility for these same mistakes. Terrible experience

[filipe @defigraal]

@airfrance I'd avoid this airline at all costs. Had an issue with Air France, where their terrible customer care based in India was totally incompetent to answer my claims. They simply reject all claims with standard responses. Had to cover hotel, meals and transportation after their error

[filipe @defigraal]

@airfrance You'll sure discover yourself and Air France by embarking with them. Had an issue in FRA airport, where Air France system didn't update ticket codes on Lufthansa flight, after a reschedule due to a cancelled flight. Air France didn't take any responsibility. Great experience

[Magus @TraderMagus]

Momentum Loss Pattern
(Three drives/Multiple drives)

The pattern we see that causes directional shift in price

Commonly referred to as "Three Drives" but can be any number of moves. The number required for price to turn around is dynamic, not scripted

Never buy on the first drive down unless upside momentum is extremely high

Wait for downside momentum to be lost, then buy

Anatomy

Impulse move from takers sparks momentum

The majority of the time from an Open Interest wipe, causing toxic flow

Momentum sustains until takers exhaust into liquidity

Passive side soaks & takers give up

Why does this occur?

1. Spreads get blown out from toxic flows
- Orderbooks thin out because liquidity providers don't fight momentum. Makers will thin out liquidity to avoid getting run over & replenish the book depth once momentum fades. This makes it easier for price to move

2. Limit chasers - Informed traders & more directional liquidity providers will chase with limit orders as price moves. This supports & sustains the momentum

3. Faders - There's always someone trying to bet against & top tick a move. Once the trade goes against them they close out with market orders assisting momentum. More often than not these are the midwitt traders

4. Momentum algos - Once momentum begins, algos will pick up on this and join in. This often occurs in the form of twaps

5. Momentum apes - Informed discretionary traders that understand momentum, don't fight the flow but rather go with it. They use a combination of market orders/limit chase to execute & go with the flow

All of this logic applies to both top & bottom formations

I am not covering every detail to simplify somewhat & keep a bit of the spice for myself

Study multiple drives

[filipe @defigraal]

@WhalesMarket @ethena What will you guys do to make buyers whole now that ethena fixed the shards:tokens ratio?? Your system is flawed and doesn’t protect buyers.

[filipe @defigraal]

@Piggelord @WhalesMarket @ethena you can close the trade and get the collateral from the seller, but you will not get the tokens. given the current valuation probably the seller would lose more from settling than from losing the collateral.

[filipe @defigraal]

@WhalesMarket @ethena Whales market is rugging buyers by allowing sellers to settle at a super advantageous ratio for them. The correct ratio is 500:1

[filipe @defigraal]

Hi!