Tuesday market Update
BTC closed April in the green and the monthly bullish trend is still very much intact. You can ascribe whatever narrative you want as to why BTC looks like this - decoupling from risk assets, sniffing out incoming liquidity, Saylor still buying etc...But I think the main takeaway is that the dip was bought and BTC is showing relative strength. As a matter of fact, BTC ETFs saw over $5.6B in net inflows, and only one day of net outflow since mid-April.
Over the past two weeks, we’ve been tightly consolidating between the $92k-97k level. I think at some point we might retest the $100k level, possibly even a bit higher in the short term. In any case, my base case scenario for now is that BTC still needs a bit longer consolidation before a possible break higher towards new ATHs. A move back towards the $80k could make me reassess my stance.
That said, macro remains very much uncertain. A lot can happen in the mid-term, and this can have an impact on markets. Tariff tailwind could possibly emerge after the 90-day extension ends on July 8th. The U.S. economy is also in a deceleration phase, and things could continue to get a bit worse in Q3/Q4. We still need to see how the Trump administration reacts to all of that. The stance of the Fed is also to be monitored.
A few things to watch this week:
FOMC decision is tomorrow (Wednesday). I think market is pricing no rate cut and a slight dovish guidance. But as always, Powell’s tone will be important to monitor, especially after last week’s weaker than expected GDP print (-0.3% QoQ vs. +0.2% expected). This could cause short-term volatility, but likely nothing significant.
Earnings season for tech stocks also continues. This could still impact market sentiment around tech in the short term, especially if there are some big negative surprises. Notably, Coinbase's earnings are scheduled for May 8. This is one to watch closely.
BTC closed April in the green and the monthly bullish trend is still very much intact. You can ascribe whatever narrative you want as to why BTC looks like this - decoupling from risk assets, sniffing out incoming liquidity, Saylor still buying etc...But I think the main takeaway is that the dip was bought and BTC is showing relative strength. As a matter of fact, BTC ETFs saw over $5.6B in net inflows, and only one day of net outflow since mid-April.
Over the past two weeks, we’ve been tightly consolidating between the $92k-97k level. I think at some point we might retest the $100k level, possibly even a bit higher in the short term. In any case, my base case scenario for now is that BTC still needs a bit longer consolidation before a possible break higher towards new ATHs. A move back towards the $80k could make me reassess my stance.
That said, macro remains very much uncertain. A lot can happen in the mid-term, and this can have an impact on markets. Tariff tailwind could possibly emerge after the 90-day extension ends on July 8th. The U.S. economy is also in a deceleration phase, and things could continue to get a bit worse in Q3/Q4. We still need to see how the Trump administration reacts to all of that. The stance of the Fed is also to be monitored.
A few things to watch this week:
FOMC decision is tomorrow (Wednesday). I think market is pricing no rate cut and a slight dovish guidance. But as always, Powell’s tone will be important to monitor, especially after last week’s weaker than expected GDP print (-0.3% QoQ vs. +0.2% expected). This could cause short-term volatility, but likely nothing significant.
Earnings season for tech stocks also continues. This could still impact market sentiment around tech in the short term, especially if there are some big negative surprises. Notably, Coinbase's earnings are scheduled for May 8. This is one to watch closely.
❤37👏2👍1🔥1
100k BTC is very different this time around.
The price has become much more familiar psychologically.
No euphoria. People sidelined, and still largely fearful/in disbelief.
Bitcoin also passed a big macro test, which is in recent memory.
The price has become much more familiar psychologically.
No euphoria. People sidelined, and still largely fearful/in disbelief.
Bitcoin also passed a big macro test, which is in recent memory.
❤59👏19🔥6
I'm personally not fading this market shift.
Pretty clear that the Trump and China tariff episode is coming to an end/is effectively over.
There will be no attempt to meaningfully lower US debt.
The show goes on.
TOTAL, TOTAL2, TOTAL3 & OTHERS all looking good for moves up after what now looks like a late cycle pull back.
Plenty of alts still won't get near their ATHs, so you still want to own either quality with good fundamentals, or total fucking garbage that gamblers like. Don't fall somewhere in the middle, as you will simply underperform BTC.
People are still scared and the market, from what I can see, is offside. This is how the market continues to leg up.
I don't think you've missed much if you are sidelined because fiscal responsibility has gone out the window so risk assets fly much higher.
Pretty clear that the Trump and China tariff episode is coming to an end/is effectively over.
There will be no attempt to meaningfully lower US debt.
The show goes on.
TOTAL, TOTAL2, TOTAL3 & OTHERS all looking good for moves up after what now looks like a late cycle pull back.
Plenty of alts still won't get near their ATHs, so you still want to own either quality with good fundamentals, or total fucking garbage that gamblers like. Don't fall somewhere in the middle, as you will simply underperform BTC.
People are still scared and the market, from what I can see, is offside. This is how the market continues to leg up.
I don't think you've missed much if you are sidelined because fiscal responsibility has gone out the window so risk assets fly much higher.
❤43🔥8👍2💯1
Tuesday Market Update
Last week’s price action was important for BTC. We had a strong push past $100k, which I view as confirmation of a potential new trend in crypto. As of writing, BTC is trading at $103k, extremely close to its ATH, and the setup looks strong. My base case is BTC accelerating from here. That’s also the outcome I’d favor. We are in those kind of moments for BTC where a big retrace and an invalidation of the bullish setup with a strong close below $94k could make me reassess my bullish scenario. But for now, I think that’s very unlikely.
For the past few months, most of the market attention was on tariffs. However, it seems that the worst of the tariffs has already been priced in. Markets are forward-looking, and with decent progress in the US/China talks, that chapter may be closing. That makes me a bit more confident on the macro front.
One more thing to note on the macro side is the latest CPI release, which came in at 2.3% YoY, the lowest since 2021. This should further support market confidence in rate cuts down the line.
On the crypto side, this week we had the official announcement that Coinbase ($COIN) is joining the SP500. It’s the first crypto company to do so and will now benefit from a passive bid in perpetuity. That’s a big milestone for the industry. Things are really moving fast.
The only blurry zone right now is around the GENIUS Act (the stablecoin regulation bill) which failed to advance in the Senate. Far from an expert on that front but I don’t think it has major implications for now. But still something to monitor.
On the longer-term horizon, interest payments on the debt remain the key macro driver. I think the market is going to start putting more emphasis on that. In that sense, regardless of the path, this will inevitably lead to more money printing. This should support risk assets anf the supports the bullish case for crypo.
What to do now: As long as BTC holds up, I think alts have a decent chance to run. But it’s still an ultra-selective environment. Imo, focus should be on the ones with strong narratives, solid fundamentals, recent relative strength and real signs of momentum. But as always, don’t overtrade or chase every new shiny thing as you will simply underperform BTC. Patience is underrated in crypto. Let your thesis play out and maintain strong risk management.
Last week’s price action was important for BTC. We had a strong push past $100k, which I view as confirmation of a potential new trend in crypto. As of writing, BTC is trading at $103k, extremely close to its ATH, and the setup looks strong. My base case is BTC accelerating from here. That’s also the outcome I’d favor. We are in those kind of moments for BTC where a big retrace and an invalidation of the bullish setup with a strong close below $94k could make me reassess my bullish scenario. But for now, I think that’s very unlikely.
For the past few months, most of the market attention was on tariffs. However, it seems that the worst of the tariffs has already been priced in. Markets are forward-looking, and with decent progress in the US/China talks, that chapter may be closing. That makes me a bit more confident on the macro front.
One more thing to note on the macro side is the latest CPI release, which came in at 2.3% YoY, the lowest since 2021. This should further support market confidence in rate cuts down the line.
On the crypto side, this week we had the official announcement that Coinbase ($COIN) is joining the SP500. It’s the first crypto company to do so and will now benefit from a passive bid in perpetuity. That’s a big milestone for the industry. Things are really moving fast.
The only blurry zone right now is around the GENIUS Act (the stablecoin regulation bill) which failed to advance in the Senate. Far from an expert on that front but I don’t think it has major implications for now. But still something to monitor.
On the longer-term horizon, interest payments on the debt remain the key macro driver. I think the market is going to start putting more emphasis on that. In that sense, regardless of the path, this will inevitably lead to more money printing. This should support risk assets anf the supports the bullish case for crypo.
What to do now: As long as BTC holds up, I think alts have a decent chance to run. But it’s still an ultra-selective environment. Imo, focus should be on the ones with strong narratives, solid fundamentals, recent relative strength and real signs of momentum. But as always, don’t overtrade or chase every new shiny thing as you will simply underperform BTC. Patience is underrated in crypto. Let your thesis play out and maintain strong risk management.
❤40👌6🔥3
Wednesday Market update
BTC is currently flirting with its ATH with high momentum. On top of that, macro looks more and more favorable for risk assets, and the GENIUS bill (important bill for stablecoins) just cleared a major hurdle in the Senate. This is a particularly favorable setup, and historical data supports this view.
Here’s some food for thought:
Looking at historical BTC PA within ~5% of ATH:
The data shows when BTC gets close of its previous ATH during a strong, accelerating trend with high momentum (what we are seeing right now), it has historically broken out to new ATHs within a short time (days to weeks).
Strong trend is key, as in weaker trends BTC often stalls or retraces as we saw in March–May 2024.
I think BTC currently meets the criteria for a strong, high-momentum trend (we are waiting on volume tho). Add to that the supportive macro landscape and the setup looks even more compelling.
If it continues to hover within 3–5% of the ATH under these conditions, historical probability favors a breakout to new highs very soon. This is my base case scenario for now.
But for some reason I feel like it is going to take longer than days this time, and weeks is more likely (maybe PTSD), or at least to actually meaningfully clear the high, rather than just a short pop above it.
I think a good heuristic to remember is that the longer BTC consolidates tightly near the ATH, the more sustained and healthy the breakout tends to be. Fast moves to new highs can be sharp but usually require a deeper consolidation down the line. So overall, it’s probably a good thing if BTC ranges here a bit longer. Let's just see if it does.
BTC is currently flirting with its ATH with high momentum. On top of that, macro looks more and more favorable for risk assets, and the GENIUS bill (important bill for stablecoins) just cleared a major hurdle in the Senate. This is a particularly favorable setup, and historical data supports this view.
Here’s some food for thought:
Looking at historical BTC PA within ~5% of ATH:
The data shows when BTC gets close of its previous ATH during a strong, accelerating trend with high momentum (what we are seeing right now), it has historically broken out to new ATHs within a short time (days to weeks).
Strong trend is key, as in weaker trends BTC often stalls or retraces as we saw in March–May 2024.
I think BTC currently meets the criteria for a strong, high-momentum trend (we are waiting on volume tho). Add to that the supportive macro landscape and the setup looks even more compelling.
If it continues to hover within 3–5% of the ATH under these conditions, historical probability favors a breakout to new highs very soon. This is my base case scenario for now.
But for some reason I feel like it is going to take longer than days this time, and weeks is more likely (maybe PTSD), or at least to actually meaningfully clear the high, rather than just a short pop above it.
I think a good heuristic to remember is that the longer BTC consolidates tightly near the ATH, the more sustained and healthy the breakout tends to be. Fast moves to new highs can be sharp but usually require a deeper consolidation down the line. So overall, it’s probably a good thing if BTC ranges here a bit longer. Let's just see if it does.
❤45🔥8👍2😁1
Alpha Tuesday Market Update
BTC finally broke its ATH last week with strong momentum and flirted with the $112k level. This was my expected scenario, although it came a bit faster than anticipated. What stands out is that this breakout happened with little hype on the timeline, and while US equities were correcting. So BTC is showing further signs of decoupling, along with strong momentum, and not much excitement. This makes the breakout even more significant.
While it is totally normal and healthy that we’ve retraced a bit from the ATH, I think the trend is set for now. We’re halfway through Q2, and after a rough Q1, we can expect more positive quarters ahead. For me, the real question isn’t if we bounce, but how long it lasts. Of course, this will depend on many factors, especially the macro landscape. We’ll need to adapt as things evolve, but for now, it’s a good time to stay bullish and not get distracted by day-to-day noise.
Zooming in, we don’t have a big macro week ahead. ISM, PMI, and unemployment rate are coming up, but I don’t expect them to move markets much. The market has its eyes elsewhere.
For now, I expect BTC to continue leading a bit longer before a potential local top in dominance. That could open the door for some quality alts to trend hard. SOL, HYPE, GRASS, ENA and a few others are still the main alts on my watchlist.
Anyway, my playbook is simple: I am already well positioned in my chosen alts + BTC, so for now, I am not buying, not selling, just surfing the second wave of this bull market and adapting to things as they evolve.
BTC finally broke its ATH last week with strong momentum and flirted with the $112k level. This was my expected scenario, although it came a bit faster than anticipated. What stands out is that this breakout happened with little hype on the timeline, and while US equities were correcting. So BTC is showing further signs of decoupling, along with strong momentum, and not much excitement. This makes the breakout even more significant.
While it is totally normal and healthy that we’ve retraced a bit from the ATH, I think the trend is set for now. We’re halfway through Q2, and after a rough Q1, we can expect more positive quarters ahead. For me, the real question isn’t if we bounce, but how long it lasts. Of course, this will depend on many factors, especially the macro landscape. We’ll need to adapt as things evolve, but for now, it’s a good time to stay bullish and not get distracted by day-to-day noise.
Zooming in, we don’t have a big macro week ahead. ISM, PMI, and unemployment rate are coming up, but I don’t expect them to move markets much. The market has its eyes elsewhere.
For now, I expect BTC to continue leading a bit longer before a potential local top in dominance. That could open the door for some quality alts to trend hard. SOL, HYPE, GRASS, ENA and a few others are still the main alts on my watchlist.
Anyway, my playbook is simple: I am already well positioned in my chosen alts + BTC, so for now, I am not buying, not selling, just surfing the second wave of this bull market and adapting to things as they evolve.
❤38👍9🔥5
Unlocks of note in June (data from DefiLlama):
According to DeFiLlama, the total upcoming unlock value in June only over $1B.
Here are some that caught my eye:
$TRUMP: 0.25% of float ($6.2M) - Daily
$TIA: 0.15% of float ($2.5M) - Daily
$OP: 1.94% of float ($22M) - MAY 30 (Frequency: Monthly)
$STRK: 1.14% of float ($5.8M) - MAY 30 (Frequency: Monthly)
$DYDX: 1.04% of float ($5.4M) - MAY 31
$PRIME: 36.65% of float ($72.2M) - JUNE 01
$SUI: 1.66% of float ($203M) - JUNE 02 (Frequency: Monthly)
$CETUS: 1.15% of float ($1.3M) - JUNE 03 (Frequency: Monthly)
$IMX: 1.9% of float ($22.3M) - JUNE 06 (Frequency: Monthly)
$ENS: 2.82% of float ($22M) - JUNE 08 (Frequency: Monthly)
$FLARE: 3.01% of float ($37M) - JUNE 09 (Frequency : Monthly)
$APT: 1.77% of float ($60.2M) - JUNE 12 (Frequency: Monthly)
$ARB: 1.91% of float ($37.5M) - JUNE 15 (Frequency: Monthly)
$ZK: 190% of float ($431.6M) - JUNE 17
$MELANIA: 5.61% of float ($7.7M) - JUNE 20 (Frequency: Monthly)
$REZ:12.06% of float ($4.5M) - JUNE 24 (Frequency: Monthly)
$BLAST: 144% of float ($132.2M) - JUNE 26
$AXL: 1.63% of float ($5.3M) - JUNE 27 (Frequency: Monthly)
According to DeFiLlama, the total upcoming unlock value in June only over $1B.
Here are some that caught my eye:
$TRUMP: 0.25% of float ($6.2M) - Daily
$TIA: 0.15% of float ($2.5M) - Daily
$OP: 1.94% of float ($22M) - MAY 30 (Frequency: Monthly)
$STRK: 1.14% of float ($5.8M) - MAY 30 (Frequency: Monthly)
$DYDX: 1.04% of float ($5.4M) - MAY 31
$PRIME: 36.65% of float ($72.2M) - JUNE 01
$SUI: 1.66% of float ($203M) - JUNE 02 (Frequency: Monthly)
$CETUS: 1.15% of float ($1.3M) - JUNE 03 (Frequency: Monthly)
$IMX: 1.9% of float ($22.3M) - JUNE 06 (Frequency: Monthly)
$ENS: 2.82% of float ($22M) - JUNE 08 (Frequency: Monthly)
$FLARE: 3.01% of float ($37M) - JUNE 09 (Frequency : Monthly)
$APT: 1.77% of float ($60.2M) - JUNE 12 (Frequency: Monthly)
$ARB: 1.91% of float ($37.5M) - JUNE 15 (Frequency: Monthly)
$ZK: 190% of float ($431.6M) - JUNE 17
$MELANIA: 5.61% of float ($7.7M) - JUNE 20 (Frequency: Monthly)
$REZ:12.06% of float ($4.5M) - JUNE 24 (Frequency: Monthly)
$BLAST: 144% of float ($132.2M) - JUNE 26
$AXL: 1.63% of float ($5.3M) - JUNE 27 (Frequency: Monthly)
❤25😢1🍌1
Starting a new series focused on apps.
Being active onchain & trying new stuff has always paid off for me.
Each week I’ll cover 3 apps I think are worth your time - early, interesting, and ideally high-upside 🫡
https://www.alphaplease.com/p/3-alpha-apps-top-play-on-hyperliquid
Being active onchain & trying new stuff has always paid off for me.
Each week I’ll cover 3 apps I think are worth your time - early, interesting, and ideally high-upside 🫡
https://www.alphaplease.com/p/3-alpha-apps-top-play-on-hyperliquid
Alphaplease
3 Alpha Apps – Top Play on Hyperliquid + Two More to Watch
Edition 1
🔥50❤13👍5
Alpha please market update
After BTC's strong recovery run from the $75k level to $111k, we had a little pullback in the last two weeks back to the $100k levels. This was a normal and healthy correction that allowed the market to cool down a bit.
Now, the setup looks strong again. BTC is showing signs of strength on shorter time frames, and momentum seems to be returning. Let’s see if this is just a move to the high of the range before another pullback, or the start of a new wave that pushes BTC beyond its previous ATH.
In any case, the longer-term setup is still unchanged on BTC, imo. For now, the question is just whether the consolidation takes a bit longer or not.
A few other things to note:
Recent clashes between Trump and Musk were not on my bingo card. Without getting too deep into the drama, it seems it started when Musk publicly raised concerns about a new bill that he though was really bad for the U.S. deficit. While this escalated into a bigger fight, the main takeaway for me is that: 1. U.S. deficits are a real and growing problem, 2. For now, there’s a clear divergence between Trump’s talk and actual plans to address it, and 3. One of the few hopes for tacklingthis issue (Elon Musk) seems to have left the ship. Ramifications of this can be big but ultimately, I think it reinforces the structural bull case for BTC.
Last week, we also had the long-awaited Circle IPO. It was a great success, and the amount of hype around it was unreal. The price reached $120 on the second day of trading. A 4x from the IPO offer price of $31. I think this tells us a lot about TradFi's current appetite for crypto and the potential of stablecoins.
Macro for the week:
It’s a relatively quiet week on the macro front. The main events to watch are the CPI release on Wednesday and PPI on Thursday. The next major events to follow closely will be the FOMC meeting on June 17–18. Interest rates are still expected to remain unchanged, but I think Powell’s tone will set the tone for what to expect in terms of the Fed Funds Rate for the next part of the year. To be followed.
After BTC's strong recovery run from the $75k level to $111k, we had a little pullback in the last two weeks back to the $100k levels. This was a normal and healthy correction that allowed the market to cool down a bit.
Now, the setup looks strong again. BTC is showing signs of strength on shorter time frames, and momentum seems to be returning. Let’s see if this is just a move to the high of the range before another pullback, or the start of a new wave that pushes BTC beyond its previous ATH.
In any case, the longer-term setup is still unchanged on BTC, imo. For now, the question is just whether the consolidation takes a bit longer or not.
A few other things to note:
Recent clashes between Trump and Musk were not on my bingo card. Without getting too deep into the drama, it seems it started when Musk publicly raised concerns about a new bill that he though was really bad for the U.S. deficit. While this escalated into a bigger fight, the main takeaway for me is that: 1. U.S. deficits are a real and growing problem, 2. For now, there’s a clear divergence between Trump’s talk and actual plans to address it, and 3. One of the few hopes for tacklingthis issue (Elon Musk) seems to have left the ship. Ramifications of this can be big but ultimately, I think it reinforces the structural bull case for BTC.
Last week, we also had the long-awaited Circle IPO. It was a great success, and the amount of hype around it was unreal. The price reached $120 on the second day of trading. A 4x from the IPO offer price of $31. I think this tells us a lot about TradFi's current appetite for crypto and the potential of stablecoins.
Macro for the week:
It’s a relatively quiet week on the macro front. The main events to watch are the CPI release on Wednesday and PPI on Thursday. The next major events to follow closely will be the FOMC meeting on June 17–18. Interest rates are still expected to remain unchanged, but I think Powell’s tone will set the tone for what to expect in terms of the Fed Funds Rate for the next part of the year. To be followed.
🔥31❤10👍8👏4🐳2⚡1
Another week, here's three more apps I think you should check out:
• One of the best credit cards in DeFi
• HyperEVM app you should be farming
• InfoFi project w/ reward system live
https://www.alphaplease.com/p/3-alpha-apps-the-best-defi-credit
• One of the best credit cards in DeFi
• HyperEVM app you should be farming
• InfoFi project w/ reward system live
https://www.alphaplease.com/p/3-alpha-apps-the-best-defi-credit
Alphaplease
3 Alpha Apps - The Best DeFi Credit Card + Two Airdrop Opportunities
Edition 2
❤14🔥3
Finding it impossible to be bearish on crypto (yes, short term Summer chop probably, but zoom out).
A few thoughts:
The U.S. Senate just passed the GENIUS Act, the first comprehensive federal legislation for fiat-backed stablecoins.
Stablecoins already power the largest real-world use case in crypto:
• $250B+ live onchain
• Instant global settlement
• < $0.01 tx fees
• Open API for money
Now, it gets a legal foundation to go global. It's huge and not to be faded.
This lays the groundwork for trillions in stablecoin settlement volume. It's huge for DeFi.
Every bank, fintech, and payments processor now has a regulated, programmable digital dollar they can actually use.
The biggest bottleneck was legal clarity, which is now gone.
But stablecoins aren’t just for payments. They’re the gateway to speculation, as all the degens on here are aware.
They’re the liquidity base layer of the entire crypto economy.
At the same time, regulators are quietly easing capital rules for U.S. banks.
That frees up bank balance sheets.
More capital = more lending
More lending = lower rates
Lower rates = more risk appetite
More liquidity = stronger BTC tailwinds
BTC thrives when liquidity expands and stablecoins amplify that liquidity. TradFi + Crypto are now structurally aligned for it.
So in summary we have:
• Stablecoins getting federal clarity (DeFi to benefit)
• Banks regaining liquidity
• Borrowing costs likely heading lower
• BTC acting like a macro hedge with clear investor demand (I haven't even mentioned the BTC company treasury ponzi bubble that is growing)
Being bearish here requires me to fade regulatory clarity, institutional momentum, and macro tailwinds.
Find the right coins, have a little patience, and enjoy your Summer.
A few thoughts:
The U.S. Senate just passed the GENIUS Act, the first comprehensive federal legislation for fiat-backed stablecoins.
Stablecoins already power the largest real-world use case in crypto:
• $250B+ live onchain
• Instant global settlement
• < $0.01 tx fees
• Open API for money
Now, it gets a legal foundation to go global. It's huge and not to be faded.
This lays the groundwork for trillions in stablecoin settlement volume. It's huge for DeFi.
Every bank, fintech, and payments processor now has a regulated, programmable digital dollar they can actually use.
The biggest bottleneck was legal clarity, which is now gone.
But stablecoins aren’t just for payments. They’re the gateway to speculation, as all the degens on here are aware.
They’re the liquidity base layer of the entire crypto economy.
At the same time, regulators are quietly easing capital rules for U.S. banks.
That frees up bank balance sheets.
More capital = more lending
More lending = lower rates
Lower rates = more risk appetite
More liquidity = stronger BTC tailwinds
BTC thrives when liquidity expands and stablecoins amplify that liquidity. TradFi + Crypto are now structurally aligned for it.
So in summary we have:
• Stablecoins getting federal clarity (DeFi to benefit)
• Banks regaining liquidity
• Borrowing costs likely heading lower
• BTC acting like a macro hedge with clear investor demand (I haven't even mentioned the BTC company treasury ponzi bubble that is growing)
Being bearish here requires me to fade regulatory clarity, institutional momentum, and macro tailwinds.
Find the right coins, have a little patience, and enjoy your Summer.
🔥34❤13👌2
3 new apps for you to try this week (all pre-token):
• Let an AI agent buy Bitcoin for you
• Another Hyperliquid app to maximize your HyperEVM exposure
• Earn fixed yield on Solana
Full breakdown in my latest newsletter:
https://www.alphaplease.com/p/3-alpha-apps-buying-bitcoin-with
• Let an AI agent buy Bitcoin for you
• Another Hyperliquid app to maximize your HyperEVM exposure
• Earn fixed yield on Solana
Full breakdown in my latest newsletter:
https://www.alphaplease.com/p/3-alpha-apps-buying-bitcoin-with
Alphaplease
3 Alpha Apps - Buying Bitcoin with an AI Agent & Two More DeFi Opportunities
Edition 3
❤24
Seeing BTC hold extremely well amidst this geopolitical shitshow reinforces my conviction that the times ahead will be positive for crypto. In my mind, BTC, HYPE, SOL, and a few others remain top assets to hold going forward.
However, as I have said time and again, we will continue to see creative destruction forces at play in the market. Speculative premiums that many crypto projects once enjoyed is a thing of the past.
The market is distinguishing between good protocols with bad tokens (no value capture, high inflation) and good protocols with good tokens (value capture, low inflation), as it should.
Our collective understanding of tokens, valuations and value capture has improved because we have more data having seen so many tokens trend to zero.
The bar is much higher now than in the past. Even more so when you consider that we have crypto stocks that big money can easily ape in to, and they are doing well ($COIN, $CRCL, and co).
And there are no new retail flows to bid tokens that don't make sense, like the past. Yes, we are retail, but we are just a hot ball of PvP money.
There is no exit liquidity for vapour.
However, as I have said time and again, we will continue to see creative destruction forces at play in the market. Speculative premiums that many crypto projects once enjoyed is a thing of the past.
The market is distinguishing between good protocols with bad tokens (no value capture, high inflation) and good protocols with good tokens (value capture, low inflation), as it should.
Our collective understanding of tokens, valuations and value capture has improved because we have more data having seen so many tokens trend to zero.
The bar is much higher now than in the past. Even more so when you consider that we have crypto stocks that big money can easily ape in to, and they are doing well ($COIN, $CRCL, and co).
And there are no new retail flows to bid tokens that don't make sense, like the past. Yes, we are retail, but we are just a hot ball of PvP money.
There is no exit liquidity for vapour.
❤30💯11👍5😁1
It is a great time to keep clicking and stay curious. Here are 3 more apps for you to try this week:
• Real yield on Hyperliquid using delta-netural strategy (limited invite codes, act fast)
• Tokenized time primitives
• A top-notch Solana debit card
Check out my latest newsletter for all the alpha:
https://alphapls.substack.com/p/3-alpha-apps-real-yield-on-hyperliquid
• Real yield on Hyperliquid using delta-netural strategy (limited invite codes, act fast)
• Tokenized time primitives
• A top-notch Solana debit card
Check out my latest newsletter for all the alpha:
https://alphapls.substack.com/p/3-alpha-apps-real-yield-on-hyperliquid
Alphaplease
3 Alpha Apps - Real Yield on Hyperliquid, Tokenized Time & a Solana Debit Card
Edition 4
🔥14👌2
Alpha please market update
After dropping below $100k during the recent geopolitical noise, BTC is now back above $106k with strength. Right now, the setup continues to look solid. Nothing has fundamentally changed from previous weeks, and my base case scenario remains the same.
-Geopolitical fears turned out to be mostly noise (as usual).
-On a longer-term horizon, global liquidity keeps rising, and all signs point toward continued US debt expansion and further debasement.
-Stocks just broke new ATHs, and gold continues to be strong. I expect BTC, which is typically a laggard, to follow.
-Weekly BTC chart looks prime.
-We also had a strong week of inflows into ETFs and further confirmation of TradFi’s growing appetite for crypto.
Indeed, one interesting point to note this week is that Ric Edelman, founder of the $300B investment advisory firm Edelman Financial Engines (serving over 1.3 million clients), released a post recommending a 40% crypto allocation for aggressive investors and 10% for conservative ones. He also said that owning is no longer speculative, but not owning it is. This is a clear signal that TraFi is starting to take crypto very seriously.
Other things to note:
-We have seen a recent wave of new announcements around stock tokenization this week. Notably, xStocksFi, which is tokenizing stocks on Solana and has integrated with both Kraken and Kamino (a big milestone for Kamino imo). Robinhood also announced that tokenized versions of US listed stocks and ETFs will be available to EU users and issued on Arbitrum. Unit has also hinted at similar plans.
Crypto is going mainstream. The vision we once had of trading the S&P 500 and every stock on-chain is now becoming a reality. At the same time, this will bring more competition for alts, as users will soon have access to a broader range of tokenized stocks with real revenues and business models. But at the same time, it is a major step forward for DeFi. We are winning.
-SOL ETFs are also coming. This is definitely something to watch, as it could be an interesting catalyst for SOL. It will be worth seeing what kind of appetite those new ETFs get. I hope they gain decent traction and makes some noise on Wall Street, as that could provide a strong signal that more crypto ETFs are on the way.
-On the macro side, we have Powell speaking today. It will be interesting to see what he has to say. This could provide some hints about the next FOMC meeting. Otherwise, the main thing to watch remains the job data on Friday (unemployment rate, jobless claims, nonfarm payrolls). But nothing too meaningful to be expected imo.
After dropping below $100k during the recent geopolitical noise, BTC is now back above $106k with strength. Right now, the setup continues to look solid. Nothing has fundamentally changed from previous weeks, and my base case scenario remains the same.
-Geopolitical fears turned out to be mostly noise (as usual).
-On a longer-term horizon, global liquidity keeps rising, and all signs point toward continued US debt expansion and further debasement.
-Stocks just broke new ATHs, and gold continues to be strong. I expect BTC, which is typically a laggard, to follow.
-Weekly BTC chart looks prime.
-We also had a strong week of inflows into ETFs and further confirmation of TradFi’s growing appetite for crypto.
Indeed, one interesting point to note this week is that Ric Edelman, founder of the $300B investment advisory firm Edelman Financial Engines (serving over 1.3 million clients), released a post recommending a 40% crypto allocation for aggressive investors and 10% for conservative ones. He also said that owning is no longer speculative, but not owning it is. This is a clear signal that TraFi is starting to take crypto very seriously.
Other things to note:
-We have seen a recent wave of new announcements around stock tokenization this week. Notably, xStocksFi, which is tokenizing stocks on Solana and has integrated with both Kraken and Kamino (a big milestone for Kamino imo). Robinhood also announced that tokenized versions of US listed stocks and ETFs will be available to EU users and issued on Arbitrum. Unit has also hinted at similar plans.
Crypto is going mainstream. The vision we once had of trading the S&P 500 and every stock on-chain is now becoming a reality. At the same time, this will bring more competition for alts, as users will soon have access to a broader range of tokenized stocks with real revenues and business models. But at the same time, it is a major step forward for DeFi. We are winning.
-SOL ETFs are also coming. This is definitely something to watch, as it could be an interesting catalyst for SOL. It will be worth seeing what kind of appetite those new ETFs get. I hope they gain decent traction and makes some noise on Wall Street, as that could provide a strong signal that more crypto ETFs are on the way.
-On the macro side, we have Powell speaking today. It will be interesting to see what he has to say. This could provide some hints about the next FOMC meeting. Otherwise, the main thing to watch remains the job data on Friday (unemployment rate, jobless claims, nonfarm payrolls). But nothing too meaningful to be expected imo.
❤39🔥2👌1
3 Alpha Apps
You know the drill: each week, I bring you 3 early, interesting, high-upside apps/protocols. This week, we cover:
• My favorite Bitcoin L2, with some special alpha (only 10 codes available)
• The top DEX on HyperEVM (1 month left in the points program)
• An all-in-one crypto wallet and exchange
I would not fade this.
https://www.alphaplease.com/p/3-alpha-apps-the-bitcoin-l2-im-bullish
You know the drill: each week, I bring you 3 early, interesting, high-upside apps/protocols. This week, we cover:
• My favorite Bitcoin L2, with some special alpha (only 10 codes available)
• The top DEX on HyperEVM (1 month left in the points program)
• An all-in-one crypto wallet and exchange
I would not fade this.
https://www.alphaplease.com/p/3-alpha-apps-the-bitcoin-l2-im-bullish
Alphaplease
3 Alpha Apps - The Bitcoin L2 I'm bullish on just launched + more pre-token apps
Edition 5
❤11🔥3🥰2
Now this is a proper ATH worth celebrating.
16 years of Bitcoin and everyone that has ever bought is in profit.
This is probably the first time BTC has been my largest position at a new ATH.
I simply don't think there is a better SOV asset out there which can still grow tremendously (yes, I'm now a boomer).
BTC is the life raft everyone needs to protect themselves against reckless government spending and unsustainable sovereign debt.
Up only.
16 years of Bitcoin and everyone that has ever bought is in profit.
This is probably the first time BTC has been my largest position at a new ATH.
I simply don't think there is a better SOV asset out there which can still grow tremendously (yes, I'm now a boomer).
BTC is the life raft everyone needs to protect themselves against reckless government spending and unsustainable sovereign debt.
Up only.
❤58🔥6🫡4😁3💩3👍1
Alpha please Monday market update
In the expression “slowly, then all at once,” it feels like we may be entering the “all at once” phase of the cycle. Last week, BTC broke to new ATHs, crossing the $120k level after a long period of consolidation. With it comes renewed heat in the market. It’s risk-on season.
Here are some of the key catalysts I see for crypto in the second half of the year:
-Macro remains a tailwind. The outlook looks good, and the passing of the “big beautiful bill” reinforces the view that Trump is committing to solving the debt problem through growth. This implies continued liquidity expansion with pro-growth policy (US will not follow restrictive policy and the money printer stays on). Historically, this is a strong setup for risk assets, at least in the mid term (before potential backlash of such policy).
-On top of that, there are rumors Powell may soon resign. If that happens, and a Trump "yes-man” replaces Powell, the easing cycle and rate cuts could accelerate even faster.
-Geopolitical tensions, which were previously seen as a major risk, now seem to be under control (at least for the time being).
-US equities and gold are at ATHs and continue to trend higher.
-Crypto stocks are hot right now ($COIN, $CRCL, $HOOD, etc.). This is bringing back a lot of attention and capital into the space.
-More crypto ETFs are likely coming (with staking). Plus, efforts are being made on the regulatory side to make the listing process simpler and faster. This could open the door for more crypto products and bring a passive demand flow for some quality alts.
-Strategic reserve corporate play is also growing fast and represents another tailwind. Specifically, SBET and ETH treasury companies are hot right now. This can be a positive catalyst for ETH. And if ETH is doing well, that is usually good for alts.
-Now, in terms of price action, the BTC chart looks really clean and bullish on the weekly. We have broken a clear zone of resistance after a tight range, into new highs, with strong momentum. This is usually a good setup r/r wise.
-Also worth noting that BTC dominance seems near a local high with some signs of a potential reversal, after being “up only” since the beginning of the cycle. This coincides with a renewed interest in alts, with significant capital flowing back into the market (the Pump ICO selling out in minutes is another clear signal to me of excitement). It might be time for some quality alts to start outperforming BTC.
Of course, there are still potential risks along the way. Nothing is ever all white or black. So remember that at all times, risk management is your priority. But my general view is that for now, the r/r for crypto is skewed to the upside.
Now is the time to lock in, have strong convictions, and let your thesis play out.
In the expression “slowly, then all at once,” it feels like we may be entering the “all at once” phase of the cycle. Last week, BTC broke to new ATHs, crossing the $120k level after a long period of consolidation. With it comes renewed heat in the market. It’s risk-on season.
Here are some of the key catalysts I see for crypto in the second half of the year:
-Macro remains a tailwind. The outlook looks good, and the passing of the “big beautiful bill” reinforces the view that Trump is committing to solving the debt problem through growth. This implies continued liquidity expansion with pro-growth policy (US will not follow restrictive policy and the money printer stays on). Historically, this is a strong setup for risk assets, at least in the mid term (before potential backlash of such policy).
-On top of that, there are rumors Powell may soon resign. If that happens, and a Trump "yes-man” replaces Powell, the easing cycle and rate cuts could accelerate even faster.
-Geopolitical tensions, which were previously seen as a major risk, now seem to be under control (at least for the time being).
-US equities and gold are at ATHs and continue to trend higher.
-Crypto stocks are hot right now ($COIN, $CRCL, $HOOD, etc.). This is bringing back a lot of attention and capital into the space.
-More crypto ETFs are likely coming (with staking). Plus, efforts are being made on the regulatory side to make the listing process simpler and faster. This could open the door for more crypto products and bring a passive demand flow for some quality alts.
-Strategic reserve corporate play is also growing fast and represents another tailwind. Specifically, SBET and ETH treasury companies are hot right now. This can be a positive catalyst for ETH. And if ETH is doing well, that is usually good for alts.
-Now, in terms of price action, the BTC chart looks really clean and bullish on the weekly. We have broken a clear zone of resistance after a tight range, into new highs, with strong momentum. This is usually a good setup r/r wise.
-Also worth noting that BTC dominance seems near a local high with some signs of a potential reversal, after being “up only” since the beginning of the cycle. This coincides with a renewed interest in alts, with significant capital flowing back into the market (the Pump ICO selling out in minutes is another clear signal to me of excitement). It might be time for some quality alts to start outperforming BTC.
Of course, there are still potential risks along the way. Nothing is ever all white or black. So remember that at all times, risk management is your priority. But my general view is that for now, the r/r for crypto is skewed to the upside.
Now is the time to lock in, have strong convictions, and let your thesis play out.
❤55🔥6👌2
High stablecoin yield + LIMINAL, UNIT & HYPE airdrop
Gonna shill Liminal once again.
One of the best DeFi apps I've used (on any chain), so slick.
Currently earning 59% on USDC (PUMP funding rate) plus making myself eligible for LIMINAL, UNIT & HYPE airdrops.
Here's my ref link if you didn't managed to get in yet:
https://liminal.money/join/AYLO
Gonna shill Liminal once again.
One of the best DeFi apps I've used (on any chain), so slick.
Currently earning 59% on USDC (PUMP funding rate) plus making myself eligible for LIMINAL, UNIT & HYPE airdrops.
Here's my ref link if you didn't managed to get in yet:
https://liminal.money/join/AYLO
❤18👌3
We absorbed $9B of an ancient Bitcoin whale's selling, we barely dipped, and Saylor wasn't buying in that period.
For a long period of time Saylor was our only big buyer. There is now a very strong bid for Bitcoin from ETFs, institutions, and DATs. Saylor is going to be continuously adding fuel to that fire.
Extremely bullish.
For a long period of time Saylor was our only big buyer. There is now a very strong bid for Bitcoin from ETFs, institutions, and DATs. Saylor is going to be continuously adding fuel to that fire.
Extremely bullish.
❤44🔥17😁3👌3🐳1
Some of the bullish catalysts ahead for crypto:
• SEC's "Project Crypto" - bringing US markets onchain and allowing crypto builders to innovate with clear rules is not priced in
• US citizens being able to invest in crypto using their 401(K)s - big source of new passive flows (401(k) plans alone represent $7 trillion)
• Digital Asset Treasury bubble (or ponzi - choose your word) growing much bigger
• Global interest rate cuts still to come, most notably from the Fed (traders pricing in a cut in September now) - the UK cut again today
• GENIUS Act makes USD-backed stablecoins fully legal & regulated in the U.S, unlocking massive institutional adoption
• On top of that, price action is looking like it wants to break higher
Bull market is not over.
Higher.
• SEC's "Project Crypto" - bringing US markets onchain and allowing crypto builders to innovate with clear rules is not priced in
• US citizens being able to invest in crypto using their 401(K)s - big source of new passive flows (401(k) plans alone represent $7 trillion)
• Digital Asset Treasury bubble (or ponzi - choose your word) growing much bigger
• Global interest rate cuts still to come, most notably from the Fed (traders pricing in a cut in September now) - the UK cut again today
• GENIUS Act makes USD-backed stablecoins fully legal & regulated in the U.S, unlocking massive institutional adoption
• On top of that, price action is looking like it wants to break higher
Bull market is not over.
Higher.
❤29🔥10👍2🤡2☃1