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alechp
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keep having to aggressively short coins i like to balance longs lol
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SOL
144.62
-8.25%
23
0
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alechp
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Algo
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did anyone just have a wave of bullishness wash over them ? i know that @NotSuitman is notoriously bullish rn
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> buy 107 > set TP @ 108.3 > manually remove 108.3 later > cut manually at B/E > round tripped >100% uPnL in 2 hours lol, lmao even anyways dunking on my execution aside, analysis: - ES up and we don't see degen bids - BTC/ES is -2.6% (i don't have data but feel like i usually this is <2% premium) - BTC.D > 64 so alts mostly scared - MASSIVE long liq flush (highest since the 4th, and before that, Feb 2025). Meaning, bulls over eager - SPX closed above 6033 - We've been seeing increasing "blackrock buys infinite ETH" which has caused some people to overlev on ETH (increasing long liqs into decreasing price). Data-less guess: some paired port problems there - GCP outage has sweeping implications for many (presumably MM's, AI trading bots, etc). In which case people may just exit positions manually to avoid being offsides - highly doubt that all of tradfi knows *less* than our corner of the internet. Feels like the recent rebound to 110 was just mostly perp driven (7D spot inflows were negative) - coincides with green line (idk why it's there but i trust vertical lines cuz i rarely draw them and this one has been there for weeks) - oh also was wrong earlier in tweet, expected net flows to be positive (sub +100M) but still red on the day, comparable to the 10th My assumptions: If ur spot/low-lev and bid 105.9 think , ur fine to just sit on hands. if ur overleveraged, keep head on a swivel until 106.8 is re-established as support *and* SPX stays > 2033.
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Continuing to scalp in and out of positions like a mad lad (earlier TP’d for, shit you not, +$0.02 to narrowly avoid nuke lol)
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Not comfy til we hold >5998 over the next 45min I think the worst of the bleed is over (until the next war headline spooks the bots)
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