The pullback, while technically “short-term exhaustion,” hasn’t dented the broader market’s enthusiasm. Participants are still out there, buying with the enthusiasm of a man who just discovered his ex’s new dating profile. Institutions, meanwhile, are accumulating Bitcoin like it’s the last bag of crisps in a post-apocalyptic supermarket.
“The monetary order is breaking down,” Dalio said, probably while adjusting his $5,000 scarf. “What I mean by the monetary order is that fiat currencies and debt as a store of wealth are not being held by central banks like they used to. And that’s a change.” Thanks, Ray. We’ll file that under “No Duh.”
Paradex, a Starknet-based perpetuals exchange, said it refunded $650,000 to about 200 users after a database migration error triggered incorrect liquidations, mainly involving PAXG.
In case you were wondering, Strategy shares tumbled to $161, barely above the crucial support level of $149.75-the lowest it’s been all year. This is a 70% drop from its all-time high, proving once again that what goes up must come down, preferably while I’m not watching.
And what does this mean in terms of cold hard cash? A whopping $60 billion worth of staked SOL! That’s more money than I could lose in my entire lifetime of investing!
He posits, with the utmost confidence befitting a man with a crystal ball, that the ratio of the S&P 100 to the S&P 500 may have reached its zenith by year-end. One might chuckle at the thought-dare we hope for a more egalitarian distribution of market prowess?
Thorn, with the gravitas of a prophet, declares: “A death cross, nay, a death cross! And yet, the crowd claps, thinking it a parade!”
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Though the chart now boasts a breach of a noble technical level, the question of genuine demand lingers like an uninvited guest at a feast-unseen yet undeniably present.
Dash, that privacy-obsessed crypto clown, has paused its circus act as the market throws tomatoes. Over 24 hours, it’s tested the “$89 Wall of Death” twice, proving that resistance levels are like a bad smell-no one wants to get close.