Ever notice?
$STRK is up nearly 50% in a day, with trading volume close to $100M. Retail traders alone couldn't generate this kind of volume—it's definitely being pumped by whales. But the problem is, with a rally like this, chasing it now is just asking to get rekt. I'm definitely not chasing. I'll wait for a pullback to around 0.085 before considering it.
As for $BTC , it's still stuck around 83,000. Funding rates are negative, so bears have a slight edge, but not by much. I won't short or chase longs in this kind of market—I'll sit on the sidelines.
What does a 65% drop in NFP mean? Getting cut in half, then cut in half again. These small-cap coins have no liquidity cushion, so when the whales sell, they go into freefall. Don't buy the dip—the basement is below the floor.
Several small-cap coins crashing together isn't a coincidence. Either overall market sentiment is turning bearish, or there's something wrong with these coins themselves. I'm choosing to get out first and ask questions later.
Do you think STRK's rally can last, or will it get dumped tomorrow?
#Write2Earn #Crypto
⚠️ These are my personal opinions and not investment advice.
$STRK is up nearly 50% in a day, with trading volume close to $100M. Retail traders alone couldn't generate this kind of volume—it's definitely being pumped by whales. But the problem is, with a rally like this, chasing it now is just asking to get rekt. I'm definitely not chasing. I'll wait for a pullback to around 0.085 before considering it.
As for $BTC , it's still stuck around 83,000. Funding rates are negative, so bears have a slight edge, but not by much. I won't short or chase longs in this kind of market—I'll sit on the sidelines.
What does a 65% drop in NFP mean? Getting cut in half, then cut in half again. These small-cap coins have no liquidity cushion, so when the whales sell, they go into freefall. Don't buy the dip—the basement is below the floor.
Several small-cap coins crashing together isn't a coincidence. Either overall market sentiment is turning bearish, or there's something wrong with these coins themselves. I'm choosing to get out first and ask questions later.
Do you think STRK's rally can last, or will it get dumped tomorrow?
#Write2Earn #Crypto
⚠️ These are my personal opinions and not investment advice.