Bittex
Verified account RISEx@BittexXBT
97 Following 12K Followers 19K Posts
Latest posts 5
the new fed followers getting bombed with LTF perps mechanic posts & trades instead of shitposts / memes
0:06
healthy stabilization, prob gonna remain for another ~9h
sub 65k seems fragile the way relief strength was mostly rebalance covering driven with lev chasing up, might get tested
No reason to expect another flush if 62k gets tested, it'll likely just chop & trap for a while those who try to time lows / late short
sub 65k seems fragile the way relief strength was mostly rebalance covering driven with lev chasing up, might get tested
No reason to expect another flush if 62k gets tested, it'll likely just chop & trap for a while those who try to time lows / late short
I think liquid & active CLOB traded tokenized assets will be the first step to fixing this
tbh it does feel kinda disturbing that we don't have much liquidity on the weekend to handle sell offs.View quoted post on X
It's not really healthy for our sector when people get rekt on supposedly isolated assets such as RWAs & stocks because of a liquidity crunch triggered by a BTC sell off.
This could've been much worse with multiple majors wicking lower.
Consider the ongoing trend of TradFi perps / markets growth it's prob better to ensure we have better liquidity conditions in the future
tbh it does feel kinda disturbing that we don't have much liquidity on the weekend to handle sell offs.
It's not really healthy for our sector when people get rekt on supposedly isolated assets such as RWAs & stocks because of a liquidity crunch triggered by a BTC sell off.
This could've been much worse with multiple majors wicking lower.
Consider the ongoing trend of TradFi perps / markets growth it's prob better to ensure we have better liquidity conditions in the future
It's not really healthy for our sector when people get rekt on supposedly isolated assets such as RWAs & stocks because of a liquidity crunch triggered by a BTC sell off.
This could've been much worse with multiple majors wicking lower.
Consider the ongoing trend of TradFi perps / markets growth it's prob better to ensure we have better liquidity conditions in the future