Man, I really wish I had jumped on this trade. I took a break from perp trading for a day, but now I'm wondering if Bitcoin is gonna dip below $60k. Vitalik is dumping Ethereum like crazy, and the only things that seem to be doing well are gold, silver, and oil today.
> Gold, Silver, Oil going up
> Bitcoin, Ethereum and stocks taking a hit.
There's always another opportunity. Just wait for it, it will surely come. If I were you, and if you were ready for the ride, I would be monitoring the impending war between the US and Iran. Once it breaks, I trust Bitcoin will dip further. That's because Bitcoin isn't considered as much of a safe haven than Gold. Gold will continue to appreciate at a time like that.
I believe it will. Once that USIran war breaks, I see price dipping below $50k. This is a trying time for investors in this industry.
What platfrom are using this. Is this some kind of Decentralied Exchange liek Hyperliquid?
Yes, The bears are definitely knocking at the door right now. Crypto market is uncertain also with the stock market because the geopolitical issue Trump iran war and etc. Trumps new 10% global tariffs. mostly US because he controlling the dollar and controlling the market.
When the market going unpredictable like this commodities are up including energy sector like Oil and Gas or Gold as safe haven asset against fiat and inflation.
While vitalik said : Link
The ETH sell-off came after Buterin revealed in January that he had set aside 16,384 Ether, about $45 million, from his personal holdings to fund privacy-preserving technologies, open hardware and secure, verifiable software systems. He said the capital would be deployed gradually over the coming years as part of a broader push for open-source and self-sovereign tools.
Buterin described the effort as aligned with the Ethereum Foundation entering a period of mild austerity, while maintaining its technical roadmap. He added he would personally take on initiatives that might otherwise be handled by the foundation, focusing on building a full open-source software and hardware stack to protect both digital and real-world environments.
Specifically, we are seeking the existence of an open-source, secure and verifiable full stack of software and hardware that can protect both our personal lives and our public environments, he wrote.
Yeah all that wars and geopolitical stuff shaken it for sure, just learned today that Janet St got sued for market manipulation since 2022 and been behind Luna crash probably...
Kinda sad that ETH went down because of that if its true, but I think it is right way to do so, quite big price to pay tho for innovation.
I am using Perpmate yeah it is Decentralized Exchange as Hyperliquid, actually it is powered by HL liquidity and tech I think. I like it because i can trade it on mobile and it is easy interface.
I wouldn't mind Vitalik continue to sell his holdings, some of it. Because that's what he's been doing for the past years. He's even donating those memecoins that have pumped into millions of dollars. And so, this action of his is pretty normal day for him. As for the other markets, they might have been up for today but the time that it shall correct will come. For gold, it starts to correct now after reaching the ATH. And that's the same with silver, we might see some transfer of cash flow from each of the markets.
Unfortunately yes the chart be looking pretty bearish and nobody really invest in stock and crypto these time around always gold even doing gold perp more than stocks/crypto perps.
It's basically just people preparing if there will be another war escalation and they want to make sure to get positioned on a commodities that will go up in. short, everybody scared.
Bitcoin is already showing a sign of relief from the low price when this post was created which around 62K while the current price now is 68K and moving slowly upward.
I believe it will move above 70K on the following weeks or months. Theres still many holder and new buyers waiting that 60K level since the price always bounces whenever its near to that support.
For me, if you are a trader, you must not mind this; it's already a different topic if we are considering Vitalik selling his Ethereum bags, because in the first place, that's his personal holdings, he worked for it.
Plus, it doesn't mean that he is selling his bags, he already doesn't plan anymore or not beleiving to Ethereum or the crypto market itself.
Yes, Bitcoin has recovered, rising from $62k to $69k. However, is this just a temporary recovery or the beginning of a new growth trend?
If we dare to face reality, this is clearly just a temporary recovery after a sharp decline.
The political situation remains very tense, and it is clear that there has been no shift in capital flows into risky assets such as Bitcoin. Large capital flows continue to prioritize safety, and gold remains their preferred choice. Therefore, in my opinion, there is nothing to expect from these temporary recoveries.
Vitalik selling ETH, now when did this surprise people anyway All the altcoinshits did this at one point and if they didn't do it yet, they will do it one day. Litecoin, Ethereum, all the old ones did it now.
Bitcoin? Same thing, don't be fooled but at least most of the oldies known already let go long ago.