The most ridiculous thing is always the logic of this damn market
The nonfarm payrolls data came in insanely strong, and the unemployment rate dropped straight to 4.1%. But before the Fed even said a word, leverage scared itself to death. Bets on a December rate hike surged to 80%, and BTC plunged toward $75,000 in a single wick, sending 230,000 people straight to the ICU
The crypto market is truly starving now: bad data, and people fear a crash; too-good data, and they fear a sell-off. Either way, everyone gets brutally beaten
The nonfarm payrolls data came in insanely strong, and the unemployment rate dropped straight to 4.1%. But before the Fed even said a word, leverage scared itself to death. Bets on a December rate hike surged to 80%, and BTC plunged toward $75,000 in a single wick, sending 230,000 people straight to the ICU
The crypto market is truly starving now: bad data, and people fear a crash; too-good data, and they fear a sell-off. Either way, everyone gets brutally beaten
