Timmy
86 posts
Timmy
@TIMMY_CTO
Timmy survived 2 rugs and off to meet up with Billy, CA: AFpYDDdisnQvinY8i238EUCUoSgu3QeFVUhvB9oGpump
Katılım Temmuz 2024
5 Takip Edilen53 Takipçiler
Timmy retweetledi
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I’m ready to fight Zuck anywhere, anytime with any rules.
一 Elon Musk
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will explain why this comment is useless
• many alts are down 50%+ from ath, some are down 90%+
• more importantly tho, price action during moments of market capitulation is more relevant than any other period, if you have forced sellers from liquidations & panic across the board you want to find the coins which have cash buyers stepping in to absorb that extra selling
• if you have btc & eth making lower local lows but there are altcoins printing higher local lows then it is a lot more likely that the capitulation on those coins has already happened & the selling is specific to btc & eth
• bitcoin has supply overhang from mt gox expectations & germany selling + 4 month range breakdown
• eth had bad positioning bc many ppl longed going into etf news & didnt get spot follow through on buys afterwards so those people had to unwind their positions
• solana has willing buyers for 4 year locked sol @ $100, so not surprising to see consistent demand as prices get closer to that area, market is also still way overweight eth in my opinion & you have ppl shifting positioning in real time responding to data on solana's onchain activity
• wif has been established as leader in its sector for months now & has most attention as primary beta to solana, so believe it gets bid when ppl bid sol as its large enough now for ppl to build decent sized positions
TLDR: watch side by side assets price action during liquidation events, bid strength when you see it in pa
reif 👹@_reif_
@blknoiz06 wif has lost half of its value from ath
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Timmy retweetledi
@barkmeta WE ARE COMING FOR $landlord
#tenant team working hard
Check out TENANT/SOL on DEX Screener! dexscreener.com/solana/4KWXEUD…
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