The cognitive dissonance people seem to have while simultaneously thinking Crypto will plummet over that liquidity crunch *and* gleefully buying stocks in companies with no revenue or a 250 p/e while it's at ATH's is frankly astounding lol.
The whole financial world is leveraged and overextended to the tits at this point. Crypto spending one day annihilating its degenerate gamblers should be a stark reminder after how the GFC went down.
so, that 2nd trump's tweet released at 4:50pm EST was perfectly timed with a hard deadline of 4:50pm EST to liquidate/square e-mini margin-called futures and crypto positions at risk.. This forced liquidation of futures and crypro positions by brokers caused a huge drop and an avalanche of forced liquidations by 5pm.. The e-minis touched 50dMA to a T and then miraculously recovered in the after-hours session.. so, they kicked a lot of overleveraged dummies off the wagon, gobbled up their shares/crypto at discount and moved on.. Conspiracy and insider trading, pure and simple.. Interestingly, they dumped gold, safe haven currencies/yen, pumped $ and mag7/AI stocks, and paraded AI pumpers on CNBC right before the tweet..
Which one of ya'll wrote this review for Vitaman E Suppositories on Amazon:
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