Welp, my USD/ETH LP position just blew right through the $2,600 range floor. Zero resistance whatsoever. I exited the pool in the red due to IL. And I thought I was being conservative setting a $400 downside range!
I've never felt a greater disconnect between the excellence of the tech (which is objectively as good as it's ever been, and enjoying record utilization) and the mediocrity of the price action. Not being bearish; I'd be happy to back up the truck and DCA on the way down at some point. I'm just... humbled by how the market gives zero fuck