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๐ง๐ง๐ง๐ง๐ง๐ง
I'm convinced its a good trade but.... can't be bothered chasing it haha.
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๐ฐ My thoughts and breakdown on when Solana will recover...
Hint: It will recover, but not any time soon!
https://youtu.be/ene34lXgyXQ
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๐ฐ Since the Solana ETF's launched in the USA they have been positive in terms of inflows
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๐บ๐ธ๐ฐ President Trumpโs crypto czar says upcoming regulation could spark a Bitcoin boom.
Hopium ๐ท
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๐ช Last month 850,000 tokens were launched on Solana. An average of 28,333 per day.
Do you think the memecoin market is oversaturated? I don't think there are even 28,000 memecoin traders around
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You defo not in the mood for trading or my referral links: https://nova.trade/@kader
But i've switched to Nova for now.
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San Francisco Fed President Mary Daly said she remains โopen-mindedโ about Decemberโs policy move, noting that 50 basis points of cuts this year have left the Fed โbetter positioned.โ
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BTC and ETH outflows today...
๐ฐ NetFlow: -21,022 $ETH ($78.2M) ๐ด
๐ฐ NetFlow: -1,987 $BTC ($213.65M) ๐ด
I've always said these would be the reason for the crash eventually.
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This is the largest liquidity pool.
You can see the grey lines is where the liquidity is concentrated.
More LP = more solid pricing less price movement.
Think LP = Dump easy (also pump easy)
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