feels like to me last night's nuke was entirely caused by the big BTC/ETH swap and subsequent nuke of alts due to MM rehedging across the board (according to the smartest person i know) my expectation is that stocks + tradfi will resume higher this week as i think j-hole last week is very pivotal for risk assets as we head into rate cuts next month funnily enough this is juxtaposed with a lot of CT traders once again calling the top, for no reason other than "the chart kinda looks like 2021" as u know i dont believe in charts and i believe in fractals even less imo this will be a technical blip which will solve itself and crypto will catch a bid again with tradfi in coming days, granted it will look like an underperformance one key takeaway from this though, is that some big boys really wanna push ETH/BTC which is positive for both the ETH and altszn narratives - still feels like early days there for those that are believers as always, all i can do is chat to smart people and assess the information in front of me; although it feels like we keep getting punched in the face at every attempted rally, the fundamentals couldn't be stronger for me and that's how i've always traded/invested and it's worked for me. spot + chill + buy dips + patience