I’m still digesting that late-night BBQ, and this BETA clown put on a high-platform jump—jumped a $BETA $$BETA water dunk, -64%! The current price is almost back to zero. In the past 24 hours, trading volume is still around 290K+ USDT. According to Binance’s real-time data, you can literally hear the “cutting losses” screams through the screen. PYR, WTC, and PHB—these poor fellow losers—also all got halved at the same time, and ACA even dropped so hard it’s not even recognizable to its own mother. The alt season didn’t come, but the alt-祭 (ritual) did.
Tell me—what does the little inflow/outflow of funds around the Bitcoin ETF have to do with us small retail folks? The money institutions bring in gets poured entirely into the big BTC and the main alts, while the water in the alt pool is drained straight out. The rule is: when the ETF has net inflows, BTC runs up while alts just move sideways; once the ETF turns to net outflows, BTC shudders a bit and alts go straight into the ICU. With this kind of market, even Nasdaq up 0.3% can’t save the day—gold at 2360, crude oil at 82. Funds would rather trade commodities than touch these “about-to-zero” coins.
As for this BETA dumping spree, either the project team ran off, or some market maker pulled the liquidity from the pool—anyway, the candles have already flattened out. Don’t try to bottom-fish; bottom-fishing is basically “stealing your own household.” In this circle, living long matters more than making quick money.
The above is only my personal opinion and does not constitute investment advice.
#AltSeasonIsHere #StopLossTips
Tell me—what does the little inflow/outflow of funds around the Bitcoin ETF have to do with us small retail folks? The money institutions bring in gets poured entirely into the big BTC and the main alts, while the water in the alt pool is drained straight out. The rule is: when the ETF has net inflows, BTC runs up while alts just move sideways; once the ETF turns to net outflows, BTC shudders a bit and alts go straight into the ICU. With this kind of market, even Nasdaq up 0.3% can’t save the day—gold at 2360, crude oil at 82. Funds would rather trade commodities than touch these “about-to-zero” coins.
As for this BETA dumping spree, either the project team ran off, or some market maker pulled the liquidity from the pool—anyway, the candles have already flattened out. Don’t try to bottom-fish; bottom-fishing is basically “stealing your own household.” In this circle, living long matters more than making quick money.
The above is only my personal opinion and does not constitute investment advice.
#AltSeasonIsHere #StopLossTips
