“XXAntiWar reviews their trades: This year’s profits mainly came from buying the dip in storage stocks and swing trading HYPE. The two biggest losses both came from shorting ZEC.”
Here are clear answers to the three questions asked most often in the comments—
Q1: Is this bullish or bearish?
A: More bearish, but sentiment often goes too far.
Q2: Will it show up in the price immediately?
A: Not necessarily. There’s often a time lag between news and price action, so first watch for unusual activity in whale addresses.
Q3: What should I watch next?
A: Whether the market has already priced it in.
Q4: Should I adjust my position because of this?
A: I don’t change my plan because of a single piece of news unless price action confirms it. $HYPE is currently at 74.6, up 6% over 24 hours. Keep a close eye on it.