Why Hasn’t the Market Crashed Yet?

With all of this insanity this week you would think at the very least you’d think BTC would be closer to $13-$15k and ETH well under $1,000 again.

They were around the Luna disaster , but for some reason there’s a level of floor that isn’t being broken. This is also amidst various reports that people are buying and attempting to move these holdings in FTX for a fraction of what they are worth.

Who knows how credible that all even is.

Yet the floor remains the same.

I’m no bull or moon boy by any means. I like my bears fat.

But if this week couldn’t put BTC & ETH to new yearly lows what even could?

There’s some solace in that for BTC and ETH. But as for any other alt - you just never know.

There’s no Fed pivot and no stimulus coming to save this market any time soon, despite what the hopium folks try to post. What you’ve seen this week could be our new reality.

Prepare yourselves, if you’re using an exchange be cautious and stay aware & engaged. Please use wallets be it custodial or web based.

All of your crypto depends on it.

If you didn’t learn from this - then you’ll never learn.

Be safe fellow degens!