apemex
@apemexx
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know when to retreat, so you can later advance
Joined May 2020
Anytime I've felt like paper handing my longs over the last 2 months I just check Capo's tg to renew my conviction lol.
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Entirety of last six months of chop every little pump he would start sucking his own dick and talking about conviction, patience and not getting shaken out of longs. Now that he's finally capitulated into the uptober shakeout he says 'nah feels off'. Higher.
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Apologia of the Trader What purpose does the short term trader serve? He builds nothing for consumption nor does he advance the sciences. To most tribesmen, the trader seems to be at best a sellsword, at worst an annoying buzzard.
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A day in the life of an NPC. A day in the life of an all of us.
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predicting eth to squeeze further into the merge before dumping, maybe 1750-1800 at least - spot askberg still there
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can kinda feel the collective tilt/confusion of participants: closing shorts into the top of the squeeze right before the dump (blue), reopening shorts and more at the bottom (pink), adding to shorts at top of the squeeze now (green)
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price being pinned into the monthly close, lets wait and see how monthly opens
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tentatively considering due to general macro weakness, which if sustained probably sees this fractal fulfilled (taken from coldblooded shiller)
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Optimism TVL still trending up (+63% over the past month), would expect ecosystem rewards to change appropriately
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bid side of spot orderbook on btc/eth finally looking populated down here
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also in hindsight - using flush of OI as entry signal instead of random fractal I was looking at would've provided more precise entry
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will add main concern was OI going up only while price has been steadily going down - either someone grabbing big exposure down here OR unlocks hedging via perps
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if thesis is correct, shouldn’t drop much further, invalidate if closing below 1.10
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