looks like rewkang got similar thoughts

https://x.com/Rewkang/status/1841861952190160965

released remaining holdings, going net short to swing down

looks like it has accumulated a lot of weight on the run up

gm

https://x.com/naiivememe/status/1841713168646881363?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

Of the 62 airdrops analyzed by Keyrock, only 8 had positive returns after 90 days — 4 on Ethereum and 4 on Solana. Tokens that launched with high FDV suffered the biggest price drops. Success: Drift launched with only $56 million; failure: ZKLend has seen its value plummet by 95%. Read more — link

Hyperliquid tops decentralized perpetual swap platforms, hitting $1.39 billion in daily trading volume. - The Block

The U.S. unemployment rate in September was recorded at 4.1%, lower than the expected 4.2%, and the previous value was 4.2%. The seasonally adjusted non-farm payrolls in the U.S. for September were recorded at 254,000, significantly higher than the expected 140,000.

*US SEPT. NONFARM PAYROLLS +254K; EST. +150K
*US SEPT. UNEMPLOYMENT RATE 4.1%; EST. 4.2%
*US AUG PAYROLLS REVISED TO +159K; JUL REVISED TO +144K

decided to write this short piece after coming across some tweets today

its something i've shared w friends before and they've found it useful too

https://medium.com/@dpycm/the-glass-of-wealth-1140df3a8057

SEPTEMBER PAYROLLS COULD BE REVISED LOWER

The surprising increase in payrolls is likely to be revised lower, Pantheon's Samuel Tombs says in a note about today's 254,000 print, an increase from August's 159,000 that beat estimates of 150,000. The spike "goes against the grain of a wide range of indicators pointing to a continued pullback in hiring," Tombs says, adding that only 62% of the businesses in the sample filed responses on time for the estimate, down from 68% a year ago. "We think that small businesses are disproportionately late responders and are cutting back on hiring more than large businesses."
(@WalterBloomberg)

bought some mister miggles on base @ 28m

reclaimed support so i'm bidding

speculating a base revival in time to come

base memes mostly stable rn after most folks left

downside should be rather muted which makes for good r/r

moodeng undergoing deep correction now, scenario 2 tentatively

overshot 300m slightly, just enough to get people euphoric enough to buy the top

hippo raiders were shitting on people giving objective takes on the hippo

if you like the hippo, wait for bottom pa before getting in again

floppa

i didn't know this existed til 5 mins ago

but this set up is the kind you bid hard if it breaks out

But yea that said, dilution is hitting the meme market and most things that are recently getting "revived" won't ever see an ATH again, don't get fooled by old bag holders and PnDs tactics by the new generation of fish swimming around

Once attention shifts, it's over again