đ Evening emotions: Fear or greedâwhich side are you on?
Tonight, Polymarket delivered a gut-punching data point: the odds of $BTC falling below $70,000 this year have surpassed the odds of it returning to $100,000. Thatâs an answer backed by real money in prediction markets, making it a powerful signal.
The reasoning is easy to understand: repeated attacks on ships in the Strait of Hormuz, an attack on Riyadh airport, and U.S. fighter jets directly damaging a merchant vessel in violation of regulations have kept geopolitical risks elevated, putting pressure on both oil prices and risk assets. OKX founder Star also publicly called out ENAâs USDe leveraged looping strategy as a driver of the â1010â crash, describing it as a âtokenized hedge fund.â Market panic has yet to subside.
But take note: smart money isnât sitting idle. A whale withdrew $31.93 million worth of ZEC from Binance and Kraken in one go; starting next week, FILâs annual issuance will plunge by 77%, a substantial boost for its supply dynamics. Opportunities are often hidden in the panic.
So, what will you do at this level: exit in fear, or buy in greed? Share your take in the comments đ
NFA | DYOR
#BTC #ćŻçšĺ¸ #ĺ ĺŻč´§ĺ¸ #ĺ¸ĺŽĺšżĺş #Web3
Tonight, Polymarket delivered a gut-punching data point: the odds of $BTC falling below $70,000 this year have surpassed the odds of it returning to $100,000. Thatâs an answer backed by real money in prediction markets, making it a powerful signal.
The reasoning is easy to understand: repeated attacks on ships in the Strait of Hormuz, an attack on Riyadh airport, and U.S. fighter jets directly damaging a merchant vessel in violation of regulations have kept geopolitical risks elevated, putting pressure on both oil prices and risk assets. OKX founder Star also publicly called out ENAâs USDe leveraged looping strategy as a driver of the â1010â crash, describing it as a âtokenized hedge fund.â Market panic has yet to subside.
But take note: smart money isnât sitting idle. A whale withdrew $31.93 million worth of ZEC from Binance and Kraken in one go; starting next week, FILâs annual issuance will plunge by 77%, a substantial boost for its supply dynamics. Opportunities are often hidden in the panic.
So, what will you do at this level: exit in fear, or buy in greed? Share your take in the comments đ
NFA | DYOR
#BTC #ćŻçšĺ¸ #ĺ ĺŻč´§ĺ¸ #ĺ¸ĺŽĺšżĺş #Web3