This is what max pain feels like. Brutal global markets on monday plus a coordinated attack on our major holding Luna. The panic in the market caused a death spiral on Luna/UST and an unpresidential liquidation. Trying to build a decentralized stablecoin ecosystem isn't easy. But it's something that the cryptosphere truly needs. The adoption of UST/Luna, the projects, the network, etc. is still there. For now we need BTC to hold 30k and UST peg being restored. We'll stay more diversified and invested for now. Let’s rebuild and fix what is fixable.
Dear Tigh AC and Arjuss, yesterday was a nice push from the bulls which I did not see coming. The bearish scenario is still in play. The 30k level has been tested many times and it is weaker now. Demand is also still weak and selling pressure is high. I'll try to do some range trading with parts of the portfolio. In the meantime I've done research for the next cycle.