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eggman 🔵
@eggman.eth
Be wary of pump and dump shit like this. The SPX has been nuking since January. The EO does not allow for congressional spend on your bags. The majority of tokens have now fully retraced this move, in a move that feels like it was manipulated just to pull more liquidity out crypto. Should be telling enough that a $200mil long position was opened right before this announcement - but if you need more evidence of pure extraction, see $TRUMP, $MELANIA, or the trading card NFTs. Someone introducing a new 10-25% consumer tax via tariffs is not trying to encourage liquidity flow. They’re trying to encourage something to snap in the financial system which results in the fed pivoting hard to low/zero interest rates. That snap would be covid-shaped as far as the charts go. And the inflationary pain to follow would be similar. Praying that I’m wrong as it’s my bags that’d be rekt too, but the onslaught of pump and dump tactics makes it difficult to ignore the type of systemic risk being created.
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AtnsFarts
@atnsarts.eth
I agree with you but this one will take some time and I believe the parabolic leg that will follow at march will be the ultimate liq extraction. Alt season will start this month and will also finish the same month
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Ox.crypto 🌈 🎩
@ox-crypto.eth
Na ah fren. Sorry to disappoint you but alt szn won't happen. Not with this manipulation. It is as if TA's are useless at this point. Pure crime.
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AtnsFarts
@atnsarts.eth
exactly and that’s why they will scam pump it but in longer time also ta works fine btc now filling fvgs and cme
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eggman 🔵
@eggman.eth
You can’t scam pump an alt szn, it needs to be with induced mania over several months where every market on earth is rocketing up. Everything has to be at an ATH. Bitcoin, Ethereum, SPX, NASDAQ, Russell 2000, consumer savings. Interest rates also have to be sufficiently low. ATHs need to last for prolonged periods of time, and truly convince retail that they can’t possibly lose. Mania only kicks in when there’s news stories and articles running about how multiple regular people bought $20 worth of crypto and now they’re millionaires. Nothing can be done in a single month to cause that, especially in a month that opens with another nuke.
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