Arthur Hayes: FLOP testnet to launch within weeks Did everyone see this? I’m flagging this as important ⭐—there’ll definitely be plenty more discussion about it later. It’s exciting to read, but good news often takes time to materialize. $BTC
Which one fell the hardest this round? $JCT -39.4% — the biggest loser among contracts over 24 hours 😱 No.1 $JCT -39.40% No.2 $US -37.39% No.3 $Q -9.63% No.4 BULLA -9.08% No.5 Lobster -4.45% If you’re buying the dip, stay steady. A bigger drop doesn’t mean it’s hit bottom—watch your position size!
$BTC Among large traders' positions, 60.9% are long and 39.1% are short (long/short ratio 1.56 → 1.56). The market has a quirky temperament: when everyone crowds onto one side, it likes to move the other way. The hottest phase is often the phase with the greatest disagreement.
The candlestick chart is at it again: $BCH 5-minute trading volume was about $2.21 million, 12.5 times the previous average; the price was almost unchanged over the same period. A sudden spike in trading activity only means people got busier—it doesn’t tell us who was right. On a more serious note, every trade has both a buyer and a seller. So a surge in volume doesn’t mean there are more buyers or that money is flowing in; it just means tokens are changing hands more frequently. All data describes a trend that has already happened. The price could move in the opposite direction at any time.
I'm done, got liquidated twice. Even though I lost less the second time, it was my last 10 bucks. Today I flipped my wallet and found 5 bucks, but I messed up the deposit and lost 1.5 bucks. Now I'm down to 3.5 bucks. Gotta keep grinding.