Shein just dropped 17% and most crypto traders are treating it like background noise that has nothing to do with their bags.
That's how people get wrecked. You sit there riding greed while a real consumer slowdown is already showing up in the data, then act shocked when liquidity dries up and everything dumps together.
Fear and Greed is at 77 right now, which is usually when nobody wants to hear the warning. Shein lives off impulse spending from people who are already stretched thin. When that demand cracks, yields tend to stay elevated and risk assets feel it next. I've seen $USDT dominance start creeping higher in these setups long before the charts look ugly.
$ONDO holders should be watching this too because RWA narratives need a functioning consumer backdrop. Meanwhile names like $CATI keep ripping and everyone treats the green candles as proof we're still early.
Where do you think this actually goes from here?
#SheinFalls17 #US10YearTreasuryYieldHitsHighestSinceNov2023 #BTCTops
That's how people get wrecked. You sit there riding greed while a real consumer slowdown is already showing up in the data, then act shocked when liquidity dries up and everything dumps together.
Fear and Greed is at 77 right now, which is usually when nobody wants to hear the warning. Shein lives off impulse spending from people who are already stretched thin. When that demand cracks, yields tend to stay elevated and risk assets feel it next. I've seen $USDT dominance start creeping higher in these setups long before the charts look ugly.
$ONDO holders should be watching this too because RWA narratives need a functioning consumer backdrop. Meanwhile names like $CATI keep ripping and everyone treats the green candles as proof we're still early.
Where do you think this actually goes from here?
#SheinFalls17 #US10YearTreasuryYieldHitsHighestSinceNov2023 #BTCTops
