Good Sunday. Today's article is about the big reset in crypto futures and the crazy questions and answers in my mind.


- I think the main issue in this event is which market makers actually emptied their levels because their liquidity ran out at that moment, and which ones participated in the long liquidation operation by deliberately pulling their orders, or even managed it... There is nothing to be done until new money is put in, as the level will remain empty because the money inside has run out. However, if there are 10 major exchanges above average, I haven't seen a single word from any of them to the market makers; I think the discussions about this issue are still ongoing internally. Will there be a blind eye turned, or will a policy be applied where a few companies that are thought to be too big to fail will be disregarded, even if it means sacrificing Alameda when necessary? We will see. If this situation is covered up, know that nothing will change; the futures swamp will continue exactly as before.
-If you are looking for the main suspect, you need to look at the XRP liquidity providers. The liquidity that XRP holds on exchanges is around $5 billion even now... Apart from MM lifting orders, no force can easily move the XRP price down by 60%, let alone 5%; it requires risking more than that amount to take a counter position. Another cryptocurrency with similar liquidity power to XRP was Tron. The majority of the Trx market is self-driven, and because Justin doesn't act like a man and close the orders, it has become one of the rare coins that hasn't experienced such a spike.
This alone shows that the operation is of US origin.
-Wealthy market players like Dwf and Justin Sun shared messages encouraging projects that have run out of liquidity, meaning cash, to get in touch with us for support. We don’t know for sure right now, but most likely the market cap has crushed many crypto assets, including the top 500 projects, and is in a financial crisis. If a bull run doesn't come urgently, those who can find credit or are willing to sell tokens at very cheap prices will be fine, but others will face difficulties; we will see bankruptcies and delistings.
- Although the collapse of the altcoin market seemed mixed for the US and Asia, the decline of Bitcoin clearly originated from the US. The large shorts opened before Trump's statement and the sales of over 1000 BTC coming to Coinbase already indicate the source of the organization. Conspiracy theorists have found their day. There is a famous theory going around, claiming that Trump will keep raising gold prices and then make a big sell-off to crash it, using the money to pay off the US's external debt and causing the markets to experience the great reset. They say he tested it with crypto. I never believe in conspiracy theories; I see it as someone putting billions of dollars in their pocket without such noble intentions.
- The liquidity of the money between 20 and 50 billion $ is even more than the money that has entered ETFs until now...
-When spot altcoin ETFs are approved, it also provides institutions with a cheaper option for purchasing...
- Unfortunately, the future point for altcoins at bull targets will need to be based on the price it has recovered to these days after the decline, whether you are calculating 10x or 100x. The peak target has dropped significantly for many coins.
-There is no case for a kissed cheek; no matter what we say, this is not the place for those seeking crypto lordship. We must accept this; if today the market has died, it will surely give birth again tomorrow.
XRP-1.34%
TRX-1.45%
BTC-3.18%
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