Nebraskangoo

I'm going to buy $50 million of $ETH at $3,030 does anyone have an extra $50 million I can borrow so I can do that?

$ETH
Harsh rejection off the 99smma.
If it closes below $3,095 then likely to revisit the green support zone.

$NFLX earnings later today.

Money isn't what makes you rich.
Time and health are the real currency 💵

What's going on here 🤔

Everything's just going to nuke tomorrow isn't it?

Really tough go for spot account swing traders in Crypto right now.
Using $SOL as an example, all pumps since SEPTEMBER have been short and fully retraced in short order, many fully retracing in just a few short days.

Really tough go for swing traders in Crypto right now.
Using $SOL as an example, all pumps since SEPTEMBER have been short and fully retraced in short order, many fully retracing in just a few short days.

$ETH
Pretty straight forward support and resistance levels.
Still fighting with bear trend resistance at 99smma

There are many people who only buy or long stocks/crypto
When an asset such as altcoins (many of them) drops continuously for many months and is in a strong bear trend it will not attract those people and capture extra liquidity
This is why stocks are more attractive for many

NYSE is launching 24/7 stock trading through online tokenized exchange
Most altcoins have been dead for 12+ months & will stay dead because of this
It gives less value to random altcoins that do absolutely nothing or add value
Why trade "Bonk" when you can trade AAPL instead?

Crypto needs a fresh new narrative.

You don't need altcoins to make life changing profits.
It can happen with #Bitcoin over time but most people are too impatient, get smoked on leverage or are too greedy & delusional on altcoins.