Regardless if this is the bottom or not current structure favors buyers than sellers here.
If equities bear rally, our cool digital coins probably follow.
I don't think this is the bottom. I think we see lower across the board especially for alts into accumulation ranges.
Bidding $ETH here however because prices currently favor buying here than selling.
Things to now consider:
>> Does the market still have an appetite for algostables
>> How does this expedite crypto regulation
>> How to port Terra projects to other chains
Stay safe everyone.
What if huge $luna shorts start to close coming into CPI and absolutely giga send the markets?
On a serious note I think one of the bigger concerns about the UST situation is the view retail/normies will have on defi.