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SabahEquityResearch
Jul 25, 2022 8:18 AM

I present to you... a Ponzi in full force. Short

Ethereum / U.S. dollarBitstamp

Description

Longs already getting liquidated on test dumps. Possibly this would be the last selloff before Fed pivots. At the moment ETH is leading liquidations, as a result top longs in disbelief...

10k ETH market sell within 10 mins on FTX spot markets resulted in a -5% move, that is but a fraction of their inventory

running short stops / liquidations... then dump, it's Ponzi market behavior.


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Regards:
Pattern Recognition Genius



Trade active

Comment

The first short entry was a bit early on this, the shorts from 2k area made so much money for me. How about u guys are u still keeping shorts targeting sub 500 like me ?

Comment

I have lowered my ETH price forecast to 300. FTT blow up aside, Major indicators indicate we have little chance to avoid a recession. Also bond market pricing in a fed pivot to arrive at earliest during or after March 23. Until then keep Shorting.
Comments
Pooisliquidgold
You tripping my guy
MinimumWagerLvl1
@Pooisliquidgold just like your mom lol. who is tripping now?
WallStreetFox
Agree! The same fall is happening with BTC!
DragonTrade001
👍 great
JoeChampion
Good one
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