i mention @ThinkingUSD greasy black leather jacket and next thing you know i get a targeted ad for the full Flood look wtf
Flood bear post-> i buy
salsa bull post -> i sell
Capo turns bullish-> market nuke all longs
4 sharpe strategy right there
likely over for $BTW
$200MM unlock on November 2nd and clearly longs have been exiting in trove ahead of it.
target $0.80 which is still $7.5B FDV lmao
I speak to a colleague about pearl-2:native. He looks a it and decided not to buy based on FDV. What he doesn't know if that there is no marginal seller until $10
the level of bearishness across crypto and equities is getting extreme.
btc back to $50k, equities facing another 1987 crash, and apparently the entire ai trade is over.
when everyone starts calling for the same outcome, it usually pays to look the other way.
not saying we've bottomed, but sentiment is starting to look increasingly disconnected from fundamentals.
















