This is called the 10am slam, been posting about it for many moons 🫂

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You gotta love the American markets….

You can let it hit you in the face... Or you can jiu jitsu

Set your dca for 11 am and you'll get more sats then at 8am

So good time to market buy

That's been my thesis for a minute. Not every day, but on most days ... If you want to set a DCA time or smash buy ... 11am est is probably a lowish point

I haven’t been tracking but at casual glance Mondays too.

For sure, Monday's seems to be heavy.

Guys at zerohedge have done some research and landed on it's Jane Street Hedge fund running sell ignition algos

Figured it had to be something like that. 🙏

What causes this you think?

Zerohedge posted some research and landed on they think it's Jane Street hedge fund doing sell ignition algos

Maybe to accumulate cheaper, maybe to protect longs/shorts

Interesting

What’s the idea? They sell a bunch and then do what?

If they trigger more sellers or a liquidation cascade they can scoop up cheaper coins. They can also guide the price to where they want if they have leverage