https://claim.pudgypenguins.com/

There is a $PENGU airdrop. $50-500 per OG wallet. Seems like many wallets that haven been active prior to 2023 are eligible. EVM and SOL wallets. 🤝

On track

Hitting resistance again on altcoins

Also last one on $BTC before 100k

Btc resistance broken, alts working on it

Broken as well now

$SPX 6000 broken and closed above 6k. Fingers crossed we stay above.
Enjoy your free days off guys. Everything is looking promising so far. Very important and good bounces today.

Another rejection so far.
My bias remains bullish as lonh as we stay above 90k

If we go up -> Higher Low
If we go down, we must hole 93k.
Otherwise it is very critical.

No real momentum building up. I am kinda disappointed ngl

….

With $BTC heading into this crucial level again just a reminder:

All of my channel is my own opinion. I do this channel for benchmarking myself. I am not a financial advisor.
I happily share my opinion but do not take my opinion for your financial investments. All of your gains and losses are due to your decision to buy or sell, this is completely independent of my channel and what I post.

That said, we are in a very intense spot. We can literally go down only from here. I will hold nevertheless as I am a degen and for me, it is worth taking the risk !for my situation!

This is true and the reason why I am gettint very nervous

Promising

Looking at Macro: it looks bad and as I have been saying like months ago, the globaly economy is due to a reset -> big recession 2008 like.

However, this would have happened in 2020 if we didn‘t start printing.

The central banks literally have 1 way to control the monetary system: printer on/ printer off.

If unemployment is too high, they are forced to turn the printer on.
If they print, they risk killing currencies and country stability.

Usually, printer on = lower treasury bonds, as stocks outperform.
Printer off = higher treasury bonds as people seek safe places for their money.

Last months, stocks and bonds have been pumping which is unusual.
Money has flown in both, „safe“ and „unsafe“ assets.



Looking at unemployment rising -> usually it leads to printing -> moon. (2020-2021 like to counter covid effects)

But currently: stocks high, unemployment high, inflation high.

This brings the central banks in a tough spot: print more, save the economy and employment but risk the monetary stability or print less, risk high inflation which also eventually leads to instability.


When we are in tough spots, a big recession/ reset is an outcome (like 2008) as printing/ not printing is basically killing the economy (short term).

If we make it without a recession (what economists call a soft landing) we should go up more without big downward move. But I feel like the odds are lowering.

!!BUT!! Even with an upcoming recession/ financial crisis, we still can go up for another year. We can still see crazy gains. Meaning, even if one can explain the market correctly, timing the market is very difficult.

And usually: time in the market > timing the market.

I‘ll keep you updated but this is the reason why I am concerned. I hope for a blow off top with a good chance of getting out proper returns and this is why I hold for now. Risk is very high though. Plan with every outcome.

FTX will start paying $16 billion in claims from January 3