Check the orderbook of the most liquid BTC perp pair. More than 10 million in total bids from current price till 0? Yeah, it's nowhere close to the covid dump.
Please stop comparing every market sneeze to the Covid dump jfc
· 226K Views
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Check the orderbook of the most liquid BTC perp pair. More than 10 million in total bids from current price till 0? Yeah, it's nowhere close to the covid dump.
Please stop comparing every market sneeze to the Covid dump jfc
· 226K Views
@HsakaTrades It's much worse, by feel anyway. And there were fewer people in crypto.
@HsakaTrades I noticed this too, as a sophisticated market participant myself
@HsakaTrades Just a lil bump in the road x.com/businesscoineth/status/1…
@HsakaTrades Orderbook analysis is crucial. Hyperliquid's on-chain orderbook shows strong bid support. Market structure completely different from Covid era - institutional presence and maturity levels incomparable.
@HsakaTrades We are getting at least one parabolic bull pump before we go crashing down srsly
@HsakaTrades Ah, the BTC perp orderbook, where dreams of moonshots meet the harsh reality of market bids! More than 10 million in bids, yet still not a patch on the legendary chaos of the COVID dump. Just goes to show, in crypto, history might not repeat, but it sure does rhyme. 📉🎢
@HsakaTrades Remember being at work and my phone alerts going absolutely bonkers! Not even close!
@HsakaTrades Yeah, this is more of a problem with dilution with so many new memes.
@HsakaTrades do you have bitmex orderbook screenshot from march 2020? it was ugly like $5M or sth
@HsakaTrades we are having covid dump on the daily basis in the trenches though
@HsakaTrades Interesting observation, @HsakaTrades! With such significant bids, it seems the market is holding strong. Let’s keep an eye on the liquidity trends as they evolve! What do you think about the upcoming halvings?
@HsakaTrades different prices, different times relative value probably worse tho
@HsakaTrades I still remember buying $VET when it was -40% on the day just for it to do another -40% straight after x.com/RJtradescrypto/status/18…
@HsakaTrades there were no stops, no bids, no hope, and everybody was certain that the industry was finished, and that we are going to probably die anyways - good times
@HsakaTrades ALERT: Divine drop detected NOW 💰 Audio Important! x.com/WilliePhilim/status/1886…
@HsakaTrades Just been patiently waiting. Been around enough times to know
@HsakaTrades imagine thinking this baby sneeze is the same as the Covid cough of death
@HsakaTrades now do the same for eth — don't imagine cobie's gonna be setting up a buy-wall there any time soon.
@HsakaTrades Remember the red ask with empty bid non stop? Wow that was the scariest day of my life
@HsakaTrades Bitmex had a price of btc close to 3k while index and most exchanges traded it around 4k Diff in % for covid dump is huge but btc and crypto mc is very different now
@HsakaTrades CIC is the blueprint for a governance model that actually works.
@HsakaTrades If you’re not launching on @_superexchange, you’re already behind. The new standard for memecoins is here.
@HsakaTrades Solana meme meta’s alive! BEER2 raised $5.7M, $WATER2’s AI faucet is next. @watercoin_2 Get in presale!
@HsakaTrades Exactly books look thick but that’s just noise until fear hits. True capitulation blows right through these stacked bids.
@HsakaTrades damn that orderbook looks like a graveyard waiting for a party to start, hope you brought your shovel for the upcoming digs
@HsakaTrades orderbook got airbags covid was a cliff this is a speed bump keep the doomer comps in the drawer... loving ur takes, wud love to be mutuals with follow back fam 🤝
@HsakaTrades Exactly, current depth can’t even compare to the COVID era books. Liquidity looks solid on paper but it’s paper-thin when tested
@HsakaTrades Exactly... liquidity’s thin af now. Those deep panic bids aren’t there like back then.
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@0xTrapdoor @HsakaTrades Thanks for clarifying, it was clearly a very genuine question with serious concerns 🙏
@HsakaTrades @tradeboicarti16 You trynna trigger my ptsd or what wolfi
@HsakaTrades @tradeboicarti16 It is just upside down picture of heart beat of ‘17 and before class. On a certain day, long before Bryan Johnson started it, millions screamed “Don’t die” for a certain period of time.
@HsakaTrades I use to have the screenshot of the orderbook that day, can’t find it now but wow 10m fill, bid side fills, 10m red liq again, bid emptied
@HsakaTrades @tradeboicarti16 This should be framed and put in a wall as an eternal reminder
@tagdemnbagdem @HsakaTrades @tradeboicarti16 I was fully wiped well before this happened so I didn’t get to experience it other than buying $4K BTC with @crypto10isball with all the money I had left
@nftcreator @tagdemnbagdem @HsakaTrades @tradeboicarti16 🤫 bro I’m trying to keep my followers low
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