GM Brew Crew, while the charts may be ugly, Brewski once said something along the lines of ‘don’t be a softy just cuz the charts aren’t as lofty.’ So grab your grip strengthener and greco gum - turbulence is approaching.

Let’s Dive In ⬇️

On the menu today:

• 📉 YESTERDAY WAS AN ABSOLUTE BLOODBATH

• 🤔 NFT MARKET PLATFORM DITCHES ROYALTY ENFORCEMENT

• 🤨 HOW MUCH BITCOIN DOES SPACEX STILL HOLD - IF ANY

Today’s Charts:

📉 YESTERDAY WAS AN ABSOLUTE BLOODBATH

Yesterday, the prices of Bitcoin, Ethereum, and the entire crypto market experienced a significant drop, reaching their lowest point in 2 months.

According to data from CoinGlass, a total of 176,752 traders faced liquidation within a 24-hour period… In other words, people got WRECKED.

During the price downturn, an investor on Binance's ETHBUSD contract faced liquidation, leading to a staggering loss of $55.9211 million—marking the largest liquidation of the day. Another trader on Binance's BTCUSDT contract experienced liquidation, losing nearly $10 million.

This particular liquidation event, amounting to a total of $1 billion, stands as the most substantial liquidation incident in the crypto market since the FTX collapse.

You got two options: stay pissed at the market, or use this time as a buying opportunity and create a winning strategy for the next leg up. Keep the long-term vision in sight, steady now lads.

🤔 NFT MARKET PLATFORM DITCHES ROYALTY ENFORCEMENT