on another note, $USELESS has the largest 24h drawdown of any cryptocurrency listed on Binance futures or traded on Hyperliquid perps
so again, while it tends to outperform everything else when $BTC is trending strongly, the reverse seems to be the case during periods of extreme market stress like this
the silver lining is that this presents an opportunity: an entry for those who have been sidelined so far, and a swing/quick trade for those who enjoy that kind of trading
my core spot bags remain intact, but i like this as a swing trade here
the kind of volatility you see on $USELESS is a trader's dream!
89 replies28 reposts389 likes101K viewsas of Wed, 11 Nov 2026 02:10:26 GMT
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on another note, $USELESS has the largest 24h drawdown of any cryptocurrency listed on Binance futures or traded on Hyperliquid perps
so again, while it tends to outperform everything else when $BTC is trending strongly, the reverse seems to be the case during periods of extreme market stress like this
the silver lining is that this presents an opportunity: an entry for those who have been sidelined so far, and a swing/quick trade for those who enjoy that kind of trading
my core spot bags remain intact, but i like this as a swing trade here
the kind of volatility you see on $USELESS is a trader's dream!
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0 replies5 reposts5 likes13 viewsas of Sat, 31 Oct 2026 01:09:02 GMT
@theunipcs a 24-hour drawdown that leads every perp venue is a warning about liquidity depth, not evidence that price has found an entry.
x.com/LesaintC/statu…
0 replies0 reposts0 likes2 viewsas of Sat, 31 Oct 2026 01:09:02 GMT
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