How do you like this idea...
$ZEC is currently being used as a liquidity “lightning rod.”
Before the altseason, they’ll shave off the hamsters.
Liquidity trap:
Market makers and big funds need somewhere to pour liquidity out of Bitcoin in order to heat up the crowd’s interest. Old, “forgotten” coins from the deep bottom are ideal for this—huge liquidity has accumulated there, and the order books are empty.
FOMO effect: When a “dead” asset like ZEC suddenly makes a few x’s, retail investors (“hamsters”) start believing in a miracle. They leave promising altcoins that are still going nowhere, and jump onto the departing train of ZEC at the very top.
Final shave: Once the crowd crowds into longs and buys coins at peak prices, big players close their positions against this “everlasting engine” of purchases. The price of ZEC drops sharply, and the liquidity flows into other sectors, leaving retail with losses.
What do you think—true or not?
🦞 Do you think we’re going long right now, or a reversal?
(I see many infographics from people who were waiting for 35k$ on BTC are changing their minds :)
🔥 — reversal
🎉 — trapping the hamsters for unloading
❤️ — the bottom wasn’t set for me yet
$ZEC is currently being used as a liquidity “lightning rod.”
Before the altseason, they’ll shave off the hamsters.
Liquidity trap:
Market makers and big funds need somewhere to pour liquidity out of Bitcoin in order to heat up the crowd’s interest. Old, “forgotten” coins from the deep bottom are ideal for this—huge liquidity has accumulated there, and the order books are empty.
FOMO effect: When a “dead” asset like ZEC suddenly makes a few x’s, retail investors (“hamsters”) start believing in a miracle. They leave promising altcoins that are still going nowhere, and jump onto the departing train of ZEC at the very top.
Final shave: Once the crowd crowds into longs and buys coins at peak prices, big players close their positions against this “everlasting engine” of purchases. The price of ZEC drops sharply, and the liquidity flows into other sectors, leaving retail with losses.
What do you think—true or not?
🦞 Do you think we’re going long right now, or a reversal?
(I see many infographics from people who were waiting for 35k$ on BTC are changing their minds :)
🔥 — reversal
🎉 — trapping the hamsters for unloading
❤️ — the bottom wasn’t set for me yet