Still comfortable sitting relatively long here. While things are getting frothier overall, coins don’t look locally/globally topped to me and actually still relatively healthy across the board:
- Funding is quite tame (majors 10-15%; HL reset on the downticks…

BESSENT SAYS AUGUST 12 TARIFF DEADLINE LIKELY TO BE EXTENDED

agree with this next weeks are key. 2 paths imo: if we start grinding higher in aug, we likely continue the bullrun and see relevraging into YE as of Sep opex. alternatively, we likely see a slow drip lower into Sep opex and then some momentum back to current…

ETH Strategy Announces Public Sale

Why ETH Treasuries Will Outpace MSTR’s Historic Run

We are at that stage of the cycle where everyone is making cute suggestions of market top

If the data I have is correct, the ethusdt pair on Binance currently has the highest asks to bids ratio in its history.

$GLXY is the Goldman Sachs of crypto. @novogratz became a partner at Goldman in 1998 and then left to start Fortress in 2002 - Novo then became a billionaire after their IPO in 2007 running a killer $2.3B macro book there. After Fortress Novo bought over…

financials

Someone 100x dumber than you is 100x richer than you because they’ve got bigger balls and don’t paralyze themselves over every decision.

Mean Reversion Triggers:

• SFP's, deviations, false breakouts... they're all the same thing.

My reversals are based on 2 things:
• distance travelled through the level
• time spent on the other side of the level

example↓

"everyone is euphoric and making too much money, has to be the top"

Defending the Value of Money

The skills it takes to get rich are drastically different from the skills it takes to stay rich. Few understand this phenomenon more than Morgan Housel.

In this conversation, Shane Parrish and Morgan Housel discuss various aspects of risk-taking, wealth…