I Just Discovered What’s REALLY Going On with Crypto (THIS WAS PLANNED)steemCreated with Sketch.

in #cryptotoday2 months ago

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"There has always been a lot of leverage in crypto. It triggers what we call collateral cascades, and that's what happened over the weekend. Does that worry you?" Oh yes.

Something very strange is happening in crypto. There is new evidence that we are witnessing a planned crash, meaning this was coordinated, allegedly.

"This liquidation was triggered over the last 3 days. Uh, the estimates are at least 19 billion in liquidations, but it's probably understated. It might be four times bigger. It's the largest since 2021. Um, essentially, you have to go back to FTX. Uh, I think there is a lot of leverage in the way people use this product called perpetuals, which is trading uh on margin, you know, like 3x 20x.
Um, it and it lurks, uh, and it's held through collateral. You know, people like sort of pledging something that they think is safe. But when the price of that collateral drops, it triggers a cascade."

And the mainstream media is telling you that it was insider trading, rigged by Donald Trump. I don't know one way or another, but what I'm seeing is much, much, much, much deeper than this from Donald Trump today.

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"Don't worry about China. It'll all be fine. Highly respected President Xi just had a bad moment. He doesn't want depression for his country, and neither do I. The USA wants to help China, not hurt it".

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And this was essentially Trump saying, "We got new information. We're walking it back." When I announced at the end of last week 100% tariffs on China, that obviously scared all markets, and Crypto collapsed.

Luckily, traditional markets were able to close. People who bought the dip made out because, as of today, crypto adds $500 billion on the China Trump statements. Essentially, Trump and she are just writing this off as a big misunderstanding.

Finally, for me, my biggest takeaway is that we minnows are swimming in this big ocean that's controlled by these large entities, these whales; us minnows just have to ride the wave. We have to pay attention to did the fundamentals have changed. No, they didn't. A macro event triggered this sell-off.

Nothing big picture about crypto changed. So, for me, this was a buy-the-dip opportunity