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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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eggman 🔵
@eggman.eth
I really can’t see alt season happening in a market where the spx is nuking and btc can’t hold the 20w. Not to mention, Ethereum is closer to its 2018 high than its 2021 high.
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AtnsFarts
@atnsarts.eth
Money from spx goes to crypto for fake pump and then everything falls apart like a house of cards. Don’t forget that Spx did an ath last month
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Ese 🌳
@esss
Covid crash vibes Then up only
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Ox.crypto 🌈 🎩
@ox-crypto.eth
+1
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