Yep, everyone's bleeding to the teeth... More leveraged folks had to make decision on their margin calls... It hasn't been pretty...
But as a friend told me recently,
"All markets are red Just a matter of when and which stocks/coins rebound first Same cycle Same game"
^Disclaimer: Above is not a Haiku poem (but yes i formatted it as such)
So back to basics:
What are we seeing here: - 10-year Treasury is popping - 20-year Treasury lost steam - Dow Jones broke out & lost steam (R @ 36526 to 36626 --- rejected 369ish - let's say 37000 for now) - VIX looks like it's getting for some real action in about 2 to 8 weeks
It's rated as Neutral because who the #### knows (or we can say ONLY THE LORD KNOWS). Fasten your seat belts. Turbulence (or opportunity) ahead.
and last but not least - JEWEL DeFi Kingdoms --- really interesting
Let me know what you guys think for the upcoming 2022. Cheers & wishing peace and prosperity to everyone!! (And ofc I can't do that but only the LORD can).