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RickSanchez
@RickSendez
Hotel developer, macro swing trader and crypto perp degen. @anon_labs OG.
405 Following    436 Followers
solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk looks like it's done with a perfect HTF correction and backtest of breakout levels and weekly bull market trend bands. The shakeout of the degen leverage is complete. Funding rates show weeks of late longers getting rinsed chasing, with funding now back to flat. Total leverage is at same levels as we were at around 100mm mcap, but with price almost double. Resistance is useless, ATH next. @theunipcs
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if you're bearish on this chart, find a new hobby. Observe the perfect backtest of the weekly support bands and the formation of a monster daily hammer after sweeping every low that was lingering on ethereum:native. $6,969 sewn
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bitcoin h2 still stuck within the range and these are the types of patterns i'll be looking for at the extremes this week i'm not looking to trade but lower timeframe rotations at the range high/low also look very rewarding
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The US AI bubble is resting on 3 key assumptions: 1- shortage of compute 2- no roadblocks to the infra rollout and 3- there will be ample financing to support the outlandish capex spend assumptions. Let’s take these one by one and put it past the Casio stress test. 1/38
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This is the chart on this picture perfect pullback and everyone losing their minds lol. Just another day on CT.
If you really want to know why @theunipcs is No. 1 on the FOMO leaderboard: he buys coins and holds with conviction. He doesn't flip-flop or change his thesis every day. He buys and holds. Yet many call him a farmer—for being early and knowing how to hold? Skill issue. and many are angry at him cause they bought what he did and sold after 2hrs Missing the whole run up on coins he was right 😂
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Another interesting angle of orbio is that it sits right in between 2 areas market participants want exposure to: - AI x Crypto - Robinhood Chain There is over $10bn allocated to the first, and we’ve seen with VVV that the inference bid is real. ATM orbio only represents 0.3% of the total crypto x ai mcap. If on chain credit usage was to scale from there I would expect it to rerate. On the second, there is not that many venture bet available on RH. Morpho, Lighter, Uni are good liquid leveraged bet on the success of RH but they are already in the multi billions FDV. PONS and LONG (via AI) are still early, but not venture bet per se anymore at their sizes. I do think the market is looking for more ways to long the success of robinhood chain and orbio is one of the most assymetric. More in this report:
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50R season is upon us. dont forget to zoom out. ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933
I've been hoping for a chance to add to useless mid 150s but its been resisting those entries with full force. i think main reason useless been resisting lower is degen leverage was already flushed. were at same leverage levels as the 100m breakout point. giga mega bullish RESISTANCE IS $USELESS @theunipcs
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I need to make a very PUBLIC announcement on behalf of younger GenXers and older Millennials. If you see someone in their 40s or 50s who seems a little boring now, I need you to understand something... We already got it in. Like...GOT. IT. IN. We are not sitting home on a Friday night because we never knew how to have fun. We are sitting home on a Friday night because we have seen enough. We went to parties in houses that should have been condemned and were almost certainly owned by the local drug dealer. We saw police lights and RAN and not across a nice, flat field. INTO THE WOODS. Do you understand the athleticism required to hurdle uprooted tree roots in platform shoes while simultaneously trying to keep your low-rise jeans from sliding completely off your ass? And somehow...we never spilled the Zima. We never spilled the Boone’s Farm. That was TALENT. We slept on floors in strange houses because the designated driver either never showed up or, in a shocking turn of events, was drunker than everybody else. There was no Uber, Life360 or Find My Friends. There was just somebody named Mike saying, “I know a shortcut.” And we FOLLOWED MIKE. We closed down bars and then decided the night was still young, so we drove to Atlantic City, where we somehow managed to get drunk, sober up, get drunk again, sober up again and then get drunk a THIRD TIME before breakfast. And according to our parents? We were at Michelle’s house. Eating pizza and watching movies. Michelle’s mother unknowingly covered for approximately 17 people every weekend. If there even was a Michelle. We drank things called Purple Passion, Mad Dog 20/20 and whatever somebody mixed inside a giant plastic garbage can. Nobody asked what was in it. You grabbed a red Solo cup and trusted the process. We went to clubs until the lights came on. Do you know the psychological damage of seeing a nightclub with the LIGHTS ON? Nothing good happens after those lights come on. We danced for four straight hours in shoes that permanently altered the structure of our feet. We made entire plans without cell phones...no texts, dropped pins or group chats...just an extremely questionable sense of direction. We rode in cars with 11 people when the vehicle legally seated five. Someone was always sitting on someone. Someone was always in the hatchback. And there was always one friend yelling, “DUCK!” when we passed a cop. So yes...now we like being home. We like sweatpants. We like cancelling plans. We like saying, “That sounds fun!” with absolutely no intention of attending. We like restaurants at 5:30 because we can get a good table. We like being home by 8:17. And if someone texts at 9:30 PM and says, “What are you doing?” Sleeping...we are sleeping. Because this is not boring my friends...this is retirement. We already played, partied and danced on the bar. We already ran from the cops through a wooded area dressed like a Spice Girl. We have stories that cannot be posted because there are still people with careers, marriages and reputations to protect. And thank GOD there were no camera phones. So kids, when you look at your Gen X and older Millennial parents sitting peacefully on the couch watching Dateline at 8 PM and think: “God, you guys are boring.” Sweetheart...oh sweetheart. You are looking at retired legends. Put some respect on our names. We're probably the reason Life360 was invented. xoxoxo (posted from someone else on FakeBook) 🤣 #genx# #oldandtired#
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Well that escalated quickly lol. Missed my bids by like $2 which is always painful to see. Do think the downside liquidity will be taken next but not keen to short a move like this so just going to watch to see how PA develops for now. ethereum:native
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btc h1 looking for a range to form at ~76k which is at the low of an h4 range. in terms of range trading mechanics, this is great r:r for longs still wary that we have failure at the extreme of supply (82.3k) and lower lows, so it could break this point and then i'd add shorts
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"Is trading hard?" I don't know, you tell me. We need the mental toughness of a pro athlete, patience of a monk, precision of a brain surgeon, pattern recognition of a chess grandmaster. All at the same time. Under pressure. While managing fear, greed, ego...in real time, with your own money on the line. Competing against the smartest people on earth, the richest people on earth...who have better data, faster technology, and deeper pockets. Whose entire business model is taking retail's money. Oh ya...and you're expected to stay calm, make rational decisions, and execute while in a violent dogfight with your own emotions. Is trading hard? I don't know, you tell me. Next question.
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Durex just announced a new product for people who think buying Bitcoin at $80K is too risky.
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that moment your internet tokens start going violently higher after years of suffering
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