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@DefiIgnas

Crypto ATHs next. Seriously, crypto degens expected for equities to dump so the pre-dumped their crypto. But because equity dump didn't happen, crypto needs to run back up turbo.

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BREAKING: The S&P 500 officially hits a new record high, now worth $69.7 trillion. This continues to be the best economy in history for asset owners. All-time highs are officially back. https://x.com/KobeissiLetter/status/2084633133442363526/photo/1

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21 replies collected of 23 X reports
zentar @0Mosterin83293 ·

@DefiIgnas this logic actually makes so much sense honestly

shynxbt @shynxbt ·

@DefiIgnas the worst thing that can happen is one last dump and we're good 50k isnt even that bad when you think about it (unless you're on leverage)

alina @alina_XBT ·

@DefiIgnas pre-dumped lmao ok

2
LEV @lev_eth ·

@DefiIgnas if equities are printing new highs why would anyone rotate out of what is working into crypto that just got dumped? money chases strength. the ATH is the reason capital stays in equities, not the reason it flows back into crypto

LastToSign @LastToSign ·

@DefiIgnas crypto really panic-sold the dump that never came, now it owes us the pump

1
Marvin @MarvinHarryP ·

@DefiIgnas If they dont run up on Turbo anytime soon its not looking good

xStar1 @cr1pGonza ·

@DefiIgnas crypto degens pre-dumping on a crash that never came is the most on-brand self-own now they have to chase back in

고조 체인 @GOJO_CHAIN ·

@DefiIgnas we really pre dumped a recession fanfic

Floooka 🍺 @Joyc94093984Jay ·

@DefiIgnas 😅. Well looks like everyone got long following stocks and oil. Now we manipulate to squeeeeeze 😉 shouldn’t call it manipulation sry. More like common sense. No pump, let’s dump. No pre-dump

Yankee Frog @yankeefrogclub ·

@DefiIgnas IMO, crypto investors are playing cat and mouse between stocks and crypto. When stocks go up they are invested in stocks when crypto is up, they are there. I see crypto going up when stock stagnate. Too painful to shift your portfolio from one to another (until Robinhood chain!)

Stecu @stevencuttama ·

@DefiIgnas No need so fast to bullrun, I'm still enjoying grinding while bear market muehe

Radzislau | NaRr @RadziSlAU ·

@DefiIgnas That’s one way to read the tape. Degens sold crypto expecting equities to crash. Equities held up, so the forced selling looks overdone. A sharp relief rally is possible. Whether it reaches new ATHs depends on actual inflows, not just positioning.

1
Nick Krogmann | The DeFi Path @realDeFiPath ·

@DefiIgnas Interesting idea, but the actual flow data will tell the real story.

Skullec.sol @pasarsegar_bpn ·

@DefiIgnas the mental gymnastics here are olympic level turbo pump just because equities didnt dump is a wild thesis

1
DeepSOL @drdeepSOL · 12K

@DefiIgnas whats the catalyst for the turbo run back if equities didnt dump?

turtleboy @turtleboycrypt0 ·

@DefiIgnas Equities at ATHs while crypto already did the crash. Turtle's never been more chill about being early.

Czar @matthewcry ·

@DefiIgnas Can’t wait honestly

Dragan Pavlovic @DefiDragans ·

@DefiIgnas the classic recession fanfic trade really burned everyone this time

pika2zero @ruggedpikachu ·

@DefiIgnas Think the chance for ATLs is higher

Stefano Botticelli | Multyr @stefanobtcl ·

@DefiIgnas Equity ATHs lit the fuse, crypto’s next.

0xMuninn @0xMuninn ·

@DefiIgnas pre-dumping crypto for an equity crash that never arrived is a classic. positioning is a narrative too.