2024/0425 est Realised Trades RIOT, COIN, SMCI

Total realised today 9625 USD.

The market makers and institutions' algo are just too good. Washing me up and down. Forced me to realise my swing long $Riot Platforms (RIOT.US)$  for +9197 USD, which I don't want to. Overall market in the morning session experienced very fierce washing designed to  kick retails off, and that includes Bitcoin.

Bitcoin Miners are not following Bitcoin movement but more to Nasdaq movement.

Shorted $Coinbase (COIN.US)$ mitigated part of the drawdown of RIOT swing long profit

Market sentiment:

Market is at cross road and as usual leaning towards long direction. When we have too many retails chasing, and institutions hyping it, we can be very sure the institutions are taking the opposite direction.

There's a 60% chance the narrative of rate cuts this year is wrong. The possibility of rate hike again cannot be overlooked as inflation remains sticky.