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@resdegen
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Chief Degen Officer @proximityfi | ex-F1 engineer | onchain trader & investor | NFA
Joined January 2021
reason we dumped this time though is because market believed the removal of the inflation progress sentence was hawkish, but he clarified it was just a way to clean up wording and said there's progress towards inflation I'd argue this time it was more of a trap due to confusion than what the market wanted to do initially. Also pump was larger than the dump, so that tells something too.
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@DannyDayan5 @cha12771 don't you think they would step in somehow to control the yield curve either directly or indirectly?
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RT @HsakaTrades: binance averaging 1 perp listing per day for the past 3 months dopamine starved degens chasing the new shiny object no t…
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@PeterLBrandt according to my brain like 5% according to my actual crypto portfolio it seems like 100%
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@glass_117 maybe, I guess market needs to digest it first, then we can go back to business (usd devaluation, yields topping, liquidity, etc)
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think this is what the market had priced in: evaluation of potential reserve of seized assets not established, evaluating no new flows not bearish, it's actually good, just think the market was more optimistic. my bet is we go down on these news and we resume as TGA gets depleted. No problem, liquidity still matters more.
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