$ETH -21.12% and $SOL -22.06% on the week, $BTC down to $63,928
zec leads the red at -31.98%
⠀
this doesn't feel like a flush to me. it feels like nobody wants to buy
⠀
bitmine hit its eth target and stepped back
mstr is the other side of it: dividend short or strc depeg, and that btc gets sold
the treasury story that supported price is turning into overhang
⠀
on top of that rates keep rising, ai stocks are sliding and big ipos are soaking up liquidity
when money gets tight, crypto is the first thing people sell
⠀
not calling a bottom here
just watching for the first real buyer to show up
⠀
#btc
zec leads the red at -31.98%
⠀
this doesn't feel like a flush to me. it feels like nobody wants to buy
⠀
bitmine hit its eth target and stepped back
mstr is the other side of it: dividend short or strc depeg, and that btc gets sold
the treasury story that supported price is turning into overhang
⠀
on top of that rates keep rising, ai stocks are sliding and big ipos are soaking up liquidity
when money gets tight, crypto is the first thing people sell
⠀
not calling a bottom here
just watching for the first real buyer to show up
⠀
#btc
