I just saw the numbers and nearly spat out my beer. $CREAM shot up 65% today, straight up, with the price at $2.10 and 24-hour trading volume barely over 270,000 U. This market is paper-thin—market makers can draw a huge green candle with just a bit of spare change. According to Binance’s real-time data, VIB plunged 63%, down to $0.002, while BETA got hit even harder, dropping 64% and nearly going to zero. In the same market, some people are feasting while others are jumping off a cliff. This action is more intense than a fight breaking out at the table next to you at a barbecue joint.
The Fear and Greed Index is still languishing down there. It’s not at rock bottom, but it’s not overheated either—just that half-dead, soul-grinding kind of market. Old crypto hands know the biggest danger at times like this is itchy fingers: you see $CREAM flying and jump in, then wake up to find liquidity has dried up and you’re trapped. To put it plainly, this rally is just the best of a bad bunch. The Nasdaq and S&P 500 are barely moving, gold is hovering around 2,360, and oil is holding steady at 82. With nowhere else for the money to go, it’s piling into altcoins for a gamble. A coin like $CREAM , with this kind of trading volume, is easy to pump—and even easier to dump. Don’t ask me how I know.
The above is solely my personal opinion and does not constitute investment advice. #AltseasonIsHere #StopLossTips
The Fear and Greed Index is still languishing down there. It’s not at rock bottom, but it’s not overheated either—just that half-dead, soul-grinding kind of market. Old crypto hands know the biggest danger at times like this is itchy fingers: you see $CREAM flying and jump in, then wake up to find liquidity has dried up and you’re trapped. To put it plainly, this rally is just the best of a bad bunch. The Nasdaq and S&P 500 are barely moving, gold is hovering around 2,360, and oil is holding steady at 82. With nowhere else for the money to go, it’s piling into altcoins for a gamble. A coin like $CREAM , with this kind of trading volume, is easy to pump—and even easier to dump. Don’t ask me how I know.
The above is solely my personal opinion and does not constitute investment advice. #AltseasonIsHere #StopLossTips