The coins are in the hands of such mentally ill lunatics that have witnessed every single existential event known to man over the last decade. You aren’t shaking these people out. They are going to zero if required, because in their minds there’s no alternative. I think the mentally ill lunatics win.

The hack (especially one that is covered easily) is kind of run of the mill at this point for crypto natives. Less traumatic than several other previous bad events, and even maybe long term positive as another event that reduces Binance market share and influence, as people move their trading elsewhere (HL) after two horrific events in 12 months. It's a short term confidence issue that will be solved quickly with good pa, or slowly with bad pa/chop (more likely). People do have very short attention spans, and will move on though (such is the world). We are like peak uncertainty with almost everything right now (ai trade, mid terms, war/oil). These are all known issues, but are combining for additional impact at our usual cyclical weak period. Good crypto will go up again once a bit more time has passed. We face less headwinds than large cap equities in 2027. Downside for good alts after the pullback seems limited barring any new unknown catastrophe, with the upside better than big tech equities with so much future growth already priced in. Allocating before others feel like it’s safe to allocate is always the right move as long as you can get off the 4H charts. I would like to see Bitcoin’s 50W MA continue to hold as that would give me confidence that my timing is correct and we don’t have to suffer a much longer period of down/chop.

You will get a lot of information about where we are based on BTC price action over the next few days. Timing band for a horrible nasty shakeout event was right now aka usdc depeg early 23. That being said, I think there is a deep trust issue to overcome here, and that will take some time. People will be asking "if the largest crypto exchange can't manage self custody right now then who can?"

I still remember the day Paul Tudor Jones came out and called Bitcoin the fastest horse in the race. It was May 2020. Bitcoin was at $9k. That moment changed everything for Bitcoin. PTJ's public call forever eliminated the career risk for hedge funds to buy BTC. Bitcoin went on to 10x over the next year. Druck investing in trade xyz is that moment for all of onchain capital markets. The career risk for all funds to participate in onchain capital markets is now zero. "If druck is doing it, I can too" I wouldn't be surprised to see onchain market volume 10x from here. Welcome to the next stage of the bull market.

Why do I continue to hold all of my $HYPE (largest position)? Because the whole world is still the marginal buyer, and my ambition goes beyond the very small subset of crypto natives (who are still actually under allocated to HYPE due to extraordinarily short time horizons). It’s the first investable alt coin in history that doesn’t rely on having to believe in monetary premium. It’s a generational investment.

The most bullish Hyperliquid news hitting the tape with no insider run up, and hyperliquid:native with a huge move. Investing in a team with flawless execution and integrity will keep paying off. One of a kind. Hyperliquid.

This is a great product that I think will be very attractive to many DeFi users who don't want the hassle of manually looping stables (me). 12% is huge, and probably the best risk adjusted rate you will find onchain. Ethena Pay will be the biggest neobank, I have no doubt. DM if you want a code (only if you are actually going to use the product), as I still have some.

Long BTC as the risk of creating gold via alchemy has permeated the public consciousness Long ZEC as the fear of the left redistributing wealth and confiscating assets grows in the coming years Major themes that I think will persist.

Was doing a bit of touching grass, and enjoying the wonders of our natural world. Sadly I have come back to the screens now. The for you page has been telling me how bad everything is and how the world is going to end, Anthropic IPO sucking liquidity, elon sending neoclouds to zero, and lots more creative doom. In my very retarded head all I'm thinking is "probably dumping into FOMC, maybe this will be our monthly higher low and BTC probably pumps afterwards". If this simplistic view is wrong, then I will happily wait longer for continuation of what I believe is a Bitcoin and crypto bull market in its early stages and similar to early 2023 which had a very nasty shakeout before higher (USDC depeg). I think if you look ahead many people will/have already come to the conclusion that BTC is an attractive asset to own with how the world is currently shaping up. And the altcoins that have been outperforming Bitcoin for the last 12 months are downstream of that, and will continue to do well. I choose optimism.

If you are mid to long term bullish, but derisking short term You are expressing the opinion that you will beat the market twice in the short term First time that you will derisk high enough and second time you will be able to buy back in low enough That's two additional short term trades you need to nail on top of your long term view

Great research report on $GRASS published by @FalconXGlobal today. In their base case analysis, they value Grass at $2.53 per token (249.7% above the current price) based on an average of crypto, big tech, and AI training data comps. Looking just at major AI training data comps such as Scale AI, Surge AI, Mercor, Exa, Parallel, Firecrawl, and Tavily, $GRASS is valued at $3.69 (409.1% increase in price). This all lines up very closely with my own internal model where I project fair value in the $4-5 range, driven by slightly higher long term projected revenue figures. Definitely worth a read as @martin_gaspar1 does an awesome job laying out the business and growth opportunity. Grass remains one of my two highest conviction AI tokens (along with $VVV). Great to see one of the top firms in digital assets also recognizing the strong setup here. Not financial advice

ZEC has only just surpassed its previous circulating market cap ATH % against BTC that it set way back in 2017 (1.4%). There is nothing else in crypto that has been around this long that has seen a resurgence like this in BTC terms.

Alts that were strong previously bouncing at either weekly or daily supports after horrendous bearish sentiment following a confirmed HTF bullish market structure flip from Bitcoin. No one could have possibly predicted this.

Price spends more time in decline and chopping downwards in a bull market before pumping swiftly over the course of a week or two before repeating the process. The opposite is true in a bear market where price spends more time grinding upwards before violently legging down. Use this mental model when thinking about Bitcoin PA and don't fall for the "this looks weak" trap.