Feels like OG whales, who might be right on short term, are front loading the sell off in BTC - short term pain. They got me ~flat, and im outa longs even though I think there’s a better exit price slightly higher. Keep your profits.
The wind has been sucked out of Eth for a few weeks, but looks like its now rounding up and finding a nice bottom here - Dats recovering a little which will help too
All that said, all eyes on PPI today which should give us strong indication for tomorrows CPI
Decent start to futures - have more bids in for Hood premarket below 110
if they miss, so be it - Coinbase should also rip on catchup trade if Hood rips given val differential
limit, not market bids
all being well
What's more valuable?
interested in feedback here - trying to balance liquidity of perps vs the cost of carry is an on-going tug of war - i expect at least 10 votes
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Perps are high-risk and may lead to financial ruin. Better to hold spot BTC for 95% of yours.
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