THIS IS KEY FOR ALTCOINS ❗️
The $ETH /$BTC pair hit its highest weekly close in the last 8 months. ↗️⚡️
The #altcoins are gaining a brutal amount of momentum, and we’re seeing more and more buyers entering the market. If this bullish structure holds, a massive liquidity injection into the alts will be unleashed. 🔥
🔝The Crypto Fear & Greed Index rose to 78, entering the “Extreme Greed” zone for the first time this month. 📊🔥⚡️
#useless
You have to watch this evening/morning—after the breakout, we could rise strongly tomorrow. 🚀↗️
MARKET REFLECTIONS AND WHAT’S REALLY HAPPENING 🧠
The whales reversed the trend. 🐋The trigger was Bessent’s speech on August 19, where he announced record Treasury bond buybacks. His message: “we won’t let yields skyrocket; if we have to, we’ll step in and flood everything with liquidity.” Done: risk-on mode.
🔥There’s a pinned post about this: the rally started one hour later. The market needed an event to bring it back to life, a 10.10 but backwards. And we saw something similar: $2.7 billion in short position liquidations over 24 hours and a massive liquidity injection into a half-dead market. Total 180.
The sentiment was the absolute worst possible—literally charred; I had never seen anything like this. 📉The overwhelming majority was out of the market, either in short positions or trading the traditional stock market. In the top volume on exchange #cripto , what was there… the #ACCIONES .
Did that not raise any red flags? The consensus was 40k–50k (just like in 2022 the consensus was 10k); of course, in both cases the consensus was never met. ❌
Right now? The drops and any pullbacks are bought with fury by those who got left out or by desperate shorters trying to close.
📈 After Benjamin Cowen’s publication, there will be even more people in that situation. At some point, general FOMO kicks in—and right there…
#BTC $USELESS
The $ETH /$BTC pair hit its highest weekly close in the last 8 months. ↗️⚡️
The #altcoins are gaining a brutal amount of momentum, and we’re seeing more and more buyers entering the market. If this bullish structure holds, a massive liquidity injection into the alts will be unleashed. 🔥
🔝The Crypto Fear & Greed Index rose to 78, entering the “Extreme Greed” zone for the first time this month. 📊🔥⚡️
#useless
You have to watch this evening/morning—after the breakout, we could rise strongly tomorrow. 🚀↗️
MARKET REFLECTIONS AND WHAT’S REALLY HAPPENING 🧠
The whales reversed the trend. 🐋The trigger was Bessent’s speech on August 19, where he announced record Treasury bond buybacks. His message: “we won’t let yields skyrocket; if we have to, we’ll step in and flood everything with liquidity.” Done: risk-on mode.
🔥There’s a pinned post about this: the rally started one hour later. The market needed an event to bring it back to life, a 10.10 but backwards. And we saw something similar: $2.7 billion in short position liquidations over 24 hours and a massive liquidity injection into a half-dead market. Total 180.
The sentiment was the absolute worst possible—literally charred; I had never seen anything like this. 📉The overwhelming majority was out of the market, either in short positions or trading the traditional stock market. In the top volume on exchange #cripto , what was there… the #ACCIONES .
Did that not raise any red flags? The consensus was 40k–50k (just like in 2022 the consensus was 10k); of course, in both cases the consensus was never met. ❌
Right now? The drops and any pullbacks are bought with fury by those who got left out or by desperate shorters trying to close.
📈 After Benjamin Cowen’s publication, there will be even more people in that situation. At some point, general FOMO kicks in—and right there…
#BTC $USELESS
