might be bullshit so take it w a pinch of salt

my thesis on buck isn't dependent on roaring kitty shilling

if he does, thats a bonus that i would gladly take

something we've talked about before

ai16z will have to run fully on memetic and maybe some tech premium

as we inch closer to expiry price will rapidly converge to NAV whatever that might be

still far away for now - Oct '25

https://fxtwitter.com/SmallCapScience/status/1859345768059908475

my personal stance is that the NAV can never close the gap

but i do think in the short term ct will forget about the fud and ai16z will resume the pump

current prices might be good discounts

also, the AUM is built upon a lot of thin liquidity, so you can't even take it at face value

every project that sent supply for a symbiotic relationship will eventually suffer when redemption takes place because the dao will have to liquidate

short term win win, long term lose lose

market will front run redemptions followed by the dao liquidating which will probably form some cascade q3 '25

so whatever project that has supply in the dao is also at risk then

flywheel up, flywheel down

in bullmarkets embrace the grift and ride the flywheel up

just remember to take profits along the way

ohm is a case study

flower

bought in the range low 3.5m, retesting range high

expansion to ath after

suwi probably goes for its next leg soon

a lot of new support on ct in this range

remember this

the flush will eventually come

but honestly no point trying to time it when you know it will be v-reversed

so why not just hodl

unless you're an experienced trader i'd suggest not to

traders win chop
holders win trend

bonus: https://news.1rj.ru/str/cryptomumbles/11148

BUCK TO A BUCK

never forget GME in 2021

DIAMONDHANDS

LFGGGGGGGGGGGGGG

pinged the bottom a few times

that bottom was free

brief buck mumbles here^

still of the view that buck below 100m is free

whether it can flip luce is another story, but let's just go step by step

exited pippin on this bounce to reallocate elsewhere

i realised i was holding it just because it was risk free without much conviction

will hold as stables first

Good morning, everyone.

I honestly don’t think there’s a significant difference between 98k and 100k at this point. It seems clear where we are in this move.

Anywhere from here to 100k feels like a level where retail enthusiasm outpaces whale activity, leading to a healthy amount of profit-taking. If it tags 100k, it will likely push through nicely (see the "hundy roll" phenomenon). However, the path afterward is more likely to turn corrective.

This is the time to start identifying the fastest movers. Keep a close eye on Coinbase pairs, monitor your social feeds, and pay attention to what people outside of this market are suddenly interested in. Often, assets ignored by crypto Twitter (CT) will start to gain traction.

Be mindful of your leverage.

Hopefully, you picked up on my confidence in ETH from last night’s video. While I can’t predict its exact path, it’s trading quite differently than it has all year.