GregMiller

Crypto decoupled hard in July.
$ETH +20%, $BTC +9.76% while chip stocks got crushed -22%, Nasdaq 100 -9%, Russell -3%.
Gold and silver barely moved. Crypto was the best performing asset class on the board, not tech's leveraged sidekick.
One month doesn't confirm a trend. But if BTC/ETH hold up next time tech sells off, that's a real story.

Crypto decoupled hard in July.
$ETH +20%, $BTC +9.76% while chip stocks got crushed -22%, Nasdaq 100 -9%, Russell -3%.
Gold and silver barely moved. Crypto was the best performing asset class on the board, not tech's leveraged sidekick.
One month doesn't confirm a trend. But if BTC/ETH hold up next time tech sells off, that's a real story.

$ETH is holding strong despite Fed uncertainty.
If rate expectations ease, a break above $1,980 could open the door to $2,000+. Bulls are still in the game.

Binance's $XRP reserves just hit 2.61B, the lowest since February, with price at $1.11 after a year-long slide from the $3 range.
The obvious read is less supply on exchanges means less selling pressure ahead. But reserves and price fell together almost the whole way down, not against each other.
So I'm not sure this is accumulation catching up to distribution versus just there being less XRP left to sell. Same chart, two very different setups.

Watching a $53.4M $ETH short, 20x leverage, entry at $1,804. Liq at $1,926... 8% of room left. Already up $684K plus $5.1K in funding.
Smart or reckless?