Bwahahahaha! ... more “Scumbaggery & Fuckery” from the math whiz kids over
at the Department of Unicorns & Fairy Tales, as the jobs numbers blow out to the
upside … you believe this shit?, I got farmland in Antarctica to sell you … Cheap!
… and down goes crypto, right along with every other market looking for lower
rates that ain’t coming anytime soon … Hopium takes a hit today.
And all this shit can do is put in a range of $30 - $35? [ETHUSDT] …. again with
the yo-yo shit that makes no sense, now 6 out of the last 8 days of pure bullshit,
with today looking very much like its got “doji” written all over the daily chart
… this on a sigma miss in NFP, which begs the question of how horrible could it
be if it came in right on the money via expectations? … I said it yesterday, I’ll say
it again …. This is the worst set of markets I’ve ever seen in multiple decades of
trading … just horrific trading conditions, with low ranges for the most part, and
of course VIX is in the toilet … and white that is bad enough in traditional markets,
it’s worse in crypto cuz the moves can be exponentially worse when they come
… I’m at a loss for words.
Now deep into the NY afternoon, there isn’t anything here in crypto … ETH & BTC
are dead in the water chopping around, while USDJPY gets its 1 day a month of
VIX cuz of the jobs number, and so it looks crazy but really isn’t … take away
those microsecond moves off of Apparatchiks or reports, and FX is the worst
thing going with gold not far behind … yes, it is a cruel joke … meanwhile crypto
nudges along doing nothing looking for direction … eventually we’ll get it, we just
have to be patient & disciplined … blog update on Sunday.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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