Just checked Binance—NFP got absolutely hammered, down nearly 66 points. It’s at two cents now, and trading volume is still $NFP $$NFP at $4 million. This thing is dropping like a waterfall, and everyone in the group is complaining. Some say the team has abandoned the project; others say a whale is dumping. Either way, whoever catches this falling knife is in for a rough ride. The Fear & Greed Index is only at 28 now, hovering near rock bottom. The market’s as cold as a barbecue stall at 3 a.m.
Meanwhile, GTC is up 54 points, and CREAM is even crazier—up 65 points, but with just $270,000 in trading volume. Classic low-liquidity pump; jump in and you’re basically signing up to be exit liquidity. VIB also crashed 63 points. This market really is rain on one side, shine on the other. BTC and ETH are steady as old dogs while the altcoins do their own thing.
The nonfarm payrolls data comes out tonight. Gold is flat at 2,360, and oil is at 82. In this kind of market, either stay on the sidelines and watch, or bet on the news with a small position. Don’t get carried away—staying alive is what matters most.
The above is just my personal opinion and does not constitute investment advice.
#AltseasonIsHere #StopLossTips
Meanwhile, GTC is up 54 points, and CREAM is even crazier—up 65 points, but with just $270,000 in trading volume. Classic low-liquidity pump; jump in and you’re basically signing up to be exit liquidity. VIB also crashed 63 points. This market really is rain on one side, shine on the other. BTC and ETH are steady as old dogs while the altcoins do their own thing.
The nonfarm payrolls data comes out tonight. Gold is flat at 2,360, and oil is at 82. In this kind of market, either stay on the sidelines and watch, or bet on the news with a small position. Don’t get carried away—staying alive is what matters most.
The above is just my personal opinion and does not constitute investment advice.
#AltseasonIsHere #StopLossTips