it would seem in hindsight that USDC depeg in Mar '23 was the right comp, not May '21
Black swan event gets everyone all hand wavey about the end of the industry/leverage trading
Then just a relentless V reversal in everyones face
My initial gut was wrong about this, I expected some chop, maybe another smaller aftershock as bottom-buyers tp'ed
Didn't make money or lose money on this 4-day rollercoaster, which all things considered not the worst outcome
What i do have conviction in, is that these wick lows are going to make for some juicy targets once the market actually starts to turn
Would expect at some time in the future that many of them get filled (looking at you ATOM😉)
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