this is who you’re trading against

https://x.com/inversebrah/status/1904028162981585138?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

fartcoin must have great fundamentals fr, maybe the best even

I could be terribly off with this, but I feel like we are going to get a period of alt-outperformance sometime in the relatively near future. Most of these alts have been getting beat down for way longer than people probably remember, because back in December and only until recently you still had people calling for alt-season and bullposting them nonstop. I think the sentiment change has finally caught up with price, but prices have been depressed much longer. I don't think there is any reason to expect that it is a rising tide, but instead maybe another window of opportunity, and your job is to find the fast horses.

I would look at anything showing structural stability from a price standpoint, that also is not facing supply issues such as unlock overhead / price insensitive bagholders. Pairs that are relatively new have the best chance. Hype is probably at the top of the list.

some signs of life rn, but am in no rush to chase or anything because i have sufficient exposure

will remain observing as usual while reading stuff on the side

will be keeping an eye out for a random runner like boden/moodeng back then that spawns out of the blue when everyone is checked out

non zero chance

reflexivity showing

ct threadoors convincing you "back to fundamentals" at the bottom will somehow switch tones when times improve

funny thing is it has happened at almost every bottom since 2024

its nothing wrong tho, because in bad times we tend to seek safety in fundamental projects because there is a "floor", whereas funny assets will never have one

until people realise that even fundamental projects can also go -90% from its "floor"

when its time to risk on, idt many would want to stick to assets that only fluctuate around supposed valuations (except long term allocators)

this is especially true for this cycle where financial nihilism is at its peak on top of little to no innovation alongside participant demographics (don't confuse the horizons)

you cannot ask homeless people to go back home when they don't have or know where home is

i'm not a fan either, but it is what it is until things change in which case i would like to be proven wrong

you want to transition into a serious industry? it takes time

youll need a great reset

and before the reset

there is the grand finale