Sentiment just fell off a cliff.
No bounce. No recovery. Just straight down.
This is what capitulation looks like when liquidity dries up and degen conviction evaporates overnight.
If you're still holding bags expecting a V-shaped recovery, you're ngmi. Markets don't care about your hopium.
Watch the order books. Watch funding rates. The real alpha is knowing when to step aside.
No bounce. No recovery. Just straight down.
This is what capitulation looks like when liquidity dries up and degen conviction evaporates overnight.
If you're still holding bags expecting a V-shaped recovery, you're ngmi. Markets don't care about your hopium.
Watch the order books. Watch funding rates. The real alpha is knowing when to step aside.