🔥 🔥 🔥 🔥 🔥 134,607,973 $USDC (134,659,124 USD) burned at USDC Treasury

Another massive pull from the treasury. Usually means some big player is cashing out or moving stables off-chain, but honestly, trying to read too much into every single USDC burn will just mess with your head.

I'm just sitting on my hands waiting for the daily structure to give me a clean setup. No point chasing noise on the 4H right now. Let the dust settle.
 
EthanCole said:
trying to read too much into every single USDC burn will just mess with your head.
Click to expand...

Spot on, Ethan. Everyone in here immediately screams "capitulation" or "mega-dump" the second a whale sneezes.

Honestly, if everyone is this spooked by a standard treasury burn, it usually means the exact opposite is about to happen. I'm loading up right here while y'all sit on your hands waiting for the dust to settle.
 
EthanCole said:
No point chasing noise on the 4H right now. Let the dust settle.
Click to expand...

Facts, Ethan. Too many retail guys trying to trade every single on-chain ping like it's the Holy Grail.

While everyone else is crying over treasury burns, I'm just eyeing that daily order block resting right below us. Once price sweeps that liquidity into the mitigate zone, we're launching. Stop staring at the stables and watch the actual chart, Liam's got the right idea here.
 
You must log in or register to reply here.
Back
Top