$BTC As market keeps falling, shorts get attracted and add to their position. The open interest is increasing.
Fresh $70k level is broken, so in their mind it makes sense to short. But, the trade is filled with shorts and I am not in any trade at all.
Coinbase premium is overall neutral, so we need more of that in order to reclaim above $70.5k.
The $70k is not a level but $70.5k is more important. It's simple -> Reclaim $70.5k we good. Holding below it -> We go $67k.
Hate to say it, a better trader is one who can manage his emotions and change his view according to what the market is showing not what he wants to see.
BRIAN ARMSTRONG just laid out the shift: first dollars moved on-chain via stablecoins, now Nasdaq and NYSE are pushing toward tokenized equities, and next comes the rest of global markets.
🔹 Stablecoins put money on-chain 🔹 Equities are now following 🔹 Everything else reprices after
The real unlock is access.
~4B people globally still can’t invest in U.S. equities or major funds. Tokenization removes that barrier and makes markets global, instant, and always on.
🚨BREAKING: Grayscale Says the “OTHER 50%… THAT’S NOT BITCOIN” — XRP ETF Opens Door to “ENTIRELY NEW GROUPS OF INVESTORS” 😳🔥
During an Onchain Economy interview, Head of Product & Research said that investor demand is starting to move BEYOND BITCOIN — and that $XRP is part of that next wave. 👀
Investors are now thinking about how to diversify into “the other 50% or so of the crypto market cap that’s NOT Bitcoin.” 🤯
It means once institutions get comfortable with BTC, the next question becomes: where does the rest of the money go? 🔥