Did NFP just fall off a cliff? According to Binance real-time data, it plunged 65.85% in 24 hours. $NFP $$NFP is now worth just 0.002, with trading volume still at 4M USDT—that tells you a lot of people are heading for the exits. The guys at the barbecue stall are all wondering if the project team dumped their tokens and ran. Meanwhile, CREAM has pumped the other way, up 65%. Are these two playing seesaw?
VIB and BETA are no better, both down over 63%. Nobody wants to catch these small-cap altcoins right now. The Nasdaq is up a modest 0.3%, and gold is holding steady at 2360. It’s clear that money isn’t flowing into small-cap crypto. The nonfarm payrolls data hasn’t come out yet, so everyone’s waiting for a signal.
In this market, I’d advise you not to get itchy fingers and try to buy the dip on NFP. A 65% drop doesn’t mean it’s hit bottom. If there’s no real activity on-chain, there may be another level below the basement. Altseason hasn’t arrived, but the season of capitulation is right on time. These are just my personal views and do not constitute investment advice. #AltseasonIsHere #StopLossTips
VIB and BETA are no better, both down over 63%. Nobody wants to catch these small-cap altcoins right now. The Nasdaq is up a modest 0.3%, and gold is holding steady at 2360. It’s clear that money isn’t flowing into small-cap crypto. The nonfarm payrolls data hasn’t come out yet, so everyone’s waiting for a signal.
In this market, I’d advise you not to get itchy fingers and try to buy the dip on NFP. A 65% drop doesn’t mean it’s hit bottom. If there’s no real activity on-chain, there may be another level below the basement. Altseason hasn’t arrived, but the season of capitulation is right on time. These are just my personal views and do not constitute investment advice. #AltseasonIsHere #StopLossTips