Also, remember that valuations are more important in some conditions than others. In a roaring move, momentum and animal spirits take over. Preset ideas about how high something should or can trade, go out the window.

Phantom is now the number one utility app on the Itunes store, above Google. Our valuations for the prior year have been under one set of participants. We have more lungs now to blow up this balloon.

Liquidity matters, market cap not so much.

#reads hundy roll

https://x.com/ThinkingUSD/status/964046319110074371

hundy roll to 100k?

Another point, since we are crossing the Rubicon:

Don’t fall into the trap of seeing an obvious leader and thinking, “That’s already up a lot—I need to find the next version of it.”

Just like in nature, it’s better to bet on persistence than to hope for some random change to happen while you’re watching. What exists now is what matters.

If something consistently leads off the lows, it’s sending you a clear message. Pay attention.

One more thing to consider—though it might seem trivial—is the psychological effect of viewing charts on your computer screen. When you see a chart that has gone up significantly and is constantly pressing against the top margin, it can create a misleading impression that it’s “too high” or out of reach.

Don’t let that perspective skew your analysis. I have seen this countless times where the chart looks way too extended, the market cap is totally inflated to what seems like a big number, and then you look back and need to zoom in to find that portion of the leg because it is now dwarfed by the move that followed.

BTC ETFs Just exceeded $100 billion in total assets.

really like this post

in a bullmarket all rationality goes out the window

last cycle L1s were trading at ridiculous premiums

as an example, right now we see ai16z trading huge multiples over NAV but honestly who cares

just weeks ago, people were saying sui trading at 1/3 sol valuation was too overvalued, sui continued pumping higher anyway

the past year, our targets have been pegged to one set of participants which is essentially CT pvping

now we'll have more numbers blowing up valuations to ridiculous heights

liquidity is whats important, not market cap

as cobie jokingly said, "market cap is the market's capacity for future gains, the higher the better."

#resource moonshot

https://dune.com/jarseed/what-tokens-ppl-trade-on-moonshot

yknow boy who cried wolf

when ethbtc starts actually reversing, majority will be sidelined or in disbelief

anyw, eth and sol pumping arent mutually exclusive events

no point fighting over it

$SOL update ✅

Expansion after 6 months of consolidation. About to reach new ATH. The reaction there would be important. If the bearish thesis is right, we could see another retracement from there to the major htf support zone.

NVIDIA HITS NEW ATH

MICROSTRATEGY DOWN 15% AFTER CITRON RESEARCH REVEALS A SHORT POSITION

nothing changed, i bought more understand on the floor here

market will reprice it eventually

theres time to accumulate imo, take it slow

added more solaris below 3m

The Livermorian Centurymark is a term that captures the psychological and technical importance of round-number price levels in the stock market, especially those ending in zeros, such as $100, $200, $1,000, and so on. These levels have a magnetic quality, drawing attention from traders and investors because they are easy reference points and psychologically significant milestones. Jesse Livermore, one of the most famous traders in history, was among the first to recognize how these centurymarks often act as crucial battlegrounds for price action. He observed that stocks approaching these levels frequently face resistance, as traders tend to take profits or hesitate to commit further. However, once breached decisively, these same levels can trigger explosive momentum to the upside.

For example, consider a stock hovering just below $100. Traders might place a high volume of sell orders at or near this level, expecting resistance. But if strong buying pressure drives the stock above $100 and it holds there, it often creates a self-fulfilling wave of momentum. Livermore noted that this move above the centurymark can signal the start of a new bullish phase, with market participants rushing to buy in fear of missing out. Conversely, if a stock repeatedly fails to break above a round number, it can lead to a reversal, as the inability to conquer that level erodes confidence.

This concept isn’t limited to just stocks. In modern markets, round numbers are just as significant in major indices, commodities, and even currencies. For instance, the S&P 500 breaking above a level like 4,000 or gold crossing $2,000 an ounce often leads to strong follow-through buying. These moves reflect Livermore’s observation that once a centurymark is decisively broken, the market is signaling it’s ready for the next leg higher. On the flip side, major failures at these levels can act as clear signals of rejection, often preceding a larger pullback.

The centurymark idea highlights the power of market psychology. These round numbers may not have any inherent value, but they represent milestones that influence how traders think and behave. Livermore understood this long before modern technical analysis became popular, and his insights into the human side of trading remain as relevant today as they were in his time. Whether you're trading individual stocks, ETFs, or major market indices, watching how price reacts at these levels can provide critical clues about future market direction.