My conclusion is simple: this bounce is $BTC , and even the “crypto-flavored assets” over in the US market have gotten excited.😂
$BTC hit 78637, and in the last 24h it popped another 5.3%. Mining companies and treasury companies all lifted off together—looks like someone just lit the fuse on everyone’s emotions.
But I still think it’s heating up a bit too fast.
Derivatives contract volume is already at 9.9 times spot. Early this morning, I went to feed the little one, and when I came back the screen still had that same vibe—like nobody will be the first to calm down. Honestly, I’d better pass.
For my part, I’m more of a snarky spectator—I don’t want to chase this momentum where the whole place is already screaming.
The market flips faster than a book. Keep some position/cash. $BTC # Bitcoin
$BTC hit 78637, and in the last 24h it popped another 5.3%. Mining companies and treasury companies all lifted off together—looks like someone just lit the fuse on everyone’s emotions.
But I still think it’s heating up a bit too fast.
Derivatives contract volume is already at 9.9 times spot. Early this morning, I went to feed the little one, and when I came back the screen still had that same vibe—like nobody will be the first to calm down. Honestly, I’d better pass.
For my part, I’m more of a snarky spectator—I don’t want to chase this momentum where the whole place is already screaming.
The market flips faster than a book. Keep some position/cash. $BTC # Bitcoin