gold2024

I think we’re almost at the part of the cycle where $ETH gets an extremely hated rally
- ansem ‘eth is going to zero’
- bankless founder sold all his eth
- Mark Cuban sold all his BTC while continuing to hold onto ETH
Incredibly despised and hated by all except Tom Lee

I think we’re almost at the part of the cycle where $ETH gets an extremely hated rally
- mark Cuban sold all his eth
- ansem ‘eth is going to zero’
- bankless founder sold all his eth
Incredibly despised and hated by all except Tom Lee

Haven't actioned anything since a couple days ago. Aside from the few coins moving like ZEC and HYPE there's not really been much that has caught my attention or even moved.
Just trying to be patient here, this is usually when I would start roundtripping, by forcing trades + profits
This month has been fantastic, up about $400k on the month so far. This is usually the point where I would withdraw profits to the bank... But this time I don't plan on withdrawing to the bank for the next 3-6 months. I think now is the time to start having liquidity on exchanges and preparing for the next big run

It feels like it might be about time to find yourself a nice morena and go and enjoy your euro summer fellas

Man it feels good going back to my roots. Narrative and fundamental plays.
We are so back

Trade Update:
I'm completely flat now. I ended up closing NEAR when BTC looked a bit shaky and went to sleep with no positions open for the first time in weeks. It's been a really nice few weeks in the market, and after 6 weeks of upside momentum we look to be stalling out.
Even if we don't top out here and continue higher over the next few weeks there will be opportunities that arise. Happy to be sidelined and wait for these opportunities instead of spamming positions now and potentially roundtrip.
For now, I watch and wait.

I would pay attention to $NEAR. In Hayes most recent blog post (only 5hr old) he talks about NEAR being his next altcoin of choice. Regardless of your thoughts about this I don’t think that its a good idea to fade Arthur considering his blogs regarding HYPE pushed it double digit % gains.

Live on Kick to discuss the market and go over my trades from this week:

Try not to do much business on a Sunday, it's probably the day with the least edge you have in the market

The closer a coin gets to its contract highs, the more likely it is that it takes out the highs. It becomes like a sort of magnet.
Up.

We’re still in the phase of the trend where people are exiting after every pullback out of PTSD
That’s not a typical trend topping signal

Is this really the part (again?) where people believe we’re no longer in a bear market?
It’s far far to early to call the end of a bear market. Don’t forget we’ve seen this in every single other bear market where we would have a counter trend rally before rolling over again
Make the most of each day and take ops you’re given, but I would avoid getting sucked into believing this is anything more than a typical counter trend bear market rally

Both $NEIRO and $FLOKI positioned to be the best performing dogs if DOGE wants to continue its rally. Think these could outperform DOGE % wise

BTC knocking on $80k feels like a good time for a livestream: