I can’t even. I opened my eyes this morning and saw $BTC down 3.5%, with the price crashing to 81332.86 and its trading range 1.7 times its usual size. You can’t just brush this off as a “pullback”—this was a proper beating.
Even more absurdly, the supposed safe havens got caught in the crossfire too. Gold token $XAUT fell 2.29%, with its range a whopping 2.5 times the usual size. When even safe havens are falling, it’s not a problem with any one coin—the whole market is losing steam.
Meanwhile, $AI rose 1.5%, looking like the village’s last hope. But I took another look: its 24-hour range was 13.2%, more than twice its usual size. That’s not “strength”—it’s a wild, bouncing rebound that you can’t even sit still through.
Some people say that after a market drop like this, sentiment must have hit rock bottom. The God of Wealth is backing the first view today: this is everyone letting off steam, with every coin taking a beating. It has nothing to do with “who’s strong and who’s weak.” I’m just watching Bitcoin lead the fall, gold get dragged down too, and nobody escape unscathed.
The God of Wealth backs the first view: everyone’s letting off steam; this isn’t the bottom. Which side are you on—is the whole market losing steam, or is Bitcoin just catching up with the drop this time?
#BTC #AI #Market
Even more absurdly, the supposed safe havens got caught in the crossfire too. Gold token $XAUT fell 2.29%, with its range a whopping 2.5 times the usual size. When even safe havens are falling, it’s not a problem with any one coin—the whole market is losing steam.
Meanwhile, $AI rose 1.5%, looking like the village’s last hope. But I took another look: its 24-hour range was 13.2%, more than twice its usual size. That’s not “strength”—it’s a wild, bouncing rebound that you can’t even sit still through.
Some people say that after a market drop like this, sentiment must have hit rock bottom. The God of Wealth is backing the first view today: this is everyone letting off steam, with every coin taking a beating. It has nothing to do with “who’s strong and who’s weak.” I’m just watching Bitcoin lead the fall, gold get dragged down too, and nobody escape unscathed.
The God of Wealth backs the first view: everyone’s letting off steam; this isn’t the bottom. Which side are you on—is the whole market losing steam, or is Bitcoin just catching up with the drop this time?
#BTC #AI #Market