While everyone is panicking, I have added $DRV to my long term crypto investment. My current other holdings are: $HYPE, $CARDS bought in Feb. I like this trade due to: 1) Leading onchain options niche 2) Option usage -> token value accrual -> weekly buyback w/ 35% fees 3) TA chart looks strong among the death of crypto this week. However: 1) the scale of revenue is TINY compared to perp/dex such as Hyperliquid growth (DRV doing ~2.9M annualized), which caps token impact atm so it's at fairly valued and slightly undervalued. 2) emission is ongoing but steadily declined and buybacks are already larger than emissions This is one of those buy w/ starting position and go all in once volume+fees all align for the next stage growth, while having a clean R:R to get out utilizing TA. Invalidation: 1) trend back below 1B in volume for Options 2) below 200D MA

Trying something new in tradfi world, here is my current trade for August-Dec. I believe the market is currently moving into a new rotation: AI bottleneck -> Commodities, here are some ideas as to why. Thesis 1: FED uncertainty after FOMC is pushing DXY down, 30y yields go up = bond holders selling, the fight against Inflation is unclear pushing Bond holders to different asset such as Gold or shorter term yields. Also we have crowded positioning in DXY Thesis 2: Positioning - TA showing RSI-div on a daily and low volatility for GOLD, meanwhile GOLD ETF inflow is showing a huge sign of bottoming. Gold options also bottoming. Thesis 3: Demand is greater than Supply as we see China + Asia continues to lead the buying effort, meanwhile Turkey+Russia is the net seller. Thesis 4: News pivot events - Warsh nomination was the top for GOLD - Bessent intervention w/ Yen looking like bottom signal Anti-Thesis? The only thing is that it remains below 200D MA and a clear uptrend has not started. $GLD and $GDX are likely the trade here for spot holding. Betas such as $SLV $COPPER are also good.

I believe crypto is in reset mode, we have no leaders leading the momentum anymore. Goal now is do your dd and wait for the trigger. We await for a new leader in the next momentum run. Size it up well and you're set for the year.

Trying something new in tradfi world, here is my current trade for August-Dec. I believe the market is currently moving into a new rotation: AI bottleneck -> Commodities, here are some ideas as to why. Thesis 1: FED uncertainty after FOMC is pushing DXY down, 30y yields go up = bond holders selling, the fight against Inflation is unclear pushing Bond holders to different asset such as Gold or shorter term yields. Also we have crowded positioning in DXY Thesis 2: Positioning - TA showing RSI-div on a daily and low volatility for GOLD, meanwhile GOLD ETF inflow is showing a huge sign of bottoming. Gold options also bottoming. Thesis 3: Demand is greater than Supply as we see China + Asia continues to lead the buying effort, meanwhile Turkey+Russia is the net seller. Thesis 4: News pivot events - Warsh nomination was the top for GOLD - Bessent intervention w/ Yen looking like bottom signal Anti-Thesis? The only thing is that it remains below 200D MA and a clear uptrend has not started. $GLD and $GDX are likely the trade here for spot holding. Betas such as $SLV $COPPER are also good.

This trade is likely done, if you TP around $0.95-$1 Fundamentals are slowing down, I'd thought if we break $1 we get momentum and can ignore fundamentals. But with 2 days in July, i dont see them getting a higher volume growth. Who knows? Best to TP and wait. Goal is now wait for July-August growth to re-enter. STILL a good token to hold, great business and everything, so liquid funds likely will hold but we're not liquid funds, we gotta adapt and trade around them. Also sometimes my thesis shill might sound stupid but it's because everyone already shill using fundamentals, so I tried to give diff perspective. TLDR: Fundamentals already priced to perfection around $1, no momo, likely range bound.