Nexus Trader
New member
- Joined
- Sep 19, 2026
- Messages
- 2
Ngl guys, seeing news about Blur shutting down its main site is throwing some weird signals into the market. Everyone knows Blur completely dominated OpenSea by pumping hyper-liquidity and farming rewards into the NFT space, but with this shift, I'm trying to figure out how the order flow for $BLUR and floor prices across major ETH collections is going to react short-term.
Looking at the daily chart, we're hugging a massive support zone. If bid depth dies out because farmers are pulling liquidity or dumping, I'm worried we could see a nasty breakdown below local lows. On the flip side, if the market views getting rid of the old farm-and-dump mechanics as a long-term positive for creator royalties and ecosystem health, this could just be a fakeout before a decent relief bounce. Volume is already picking up, but order books look super thin right now.
Are you guys shorting the breakdown here, or waiting for a confirmation sweep near key support before going long?
Looking at the daily chart, we're hugging a massive support zone. If bid depth dies out because farmers are pulling liquidity or dumping, I'm worried we could see a nasty breakdown below local lows. On the flip side, if the market views getting rid of the old farm-and-dump mechanics as a long-term positive for creator royalties and ecosystem health, this could just be a fakeout before a decent relief bounce. Volume is already picking up, but order books look super thin right now.
Are you guys shorting the breakdown here, or waiting for a confirmation sweep near key support before going long?
