i guess a large part of ptsd this cycle stems from every alt szn call so far failing

i can see why most are quick to call top and tp

during q4 ‘23 ‘24, most were expecting retail to come in and send it like 2021, but that never happened at all

not forgetting all the short windows of “alt szn” in between

it’s like the fleas in a jar experiment

we’ve taken too many beatings at a certain cap and now we’re afraid to dream again

will it be different this time?

We're reaching price levels on $ETH where the drawdown risk is too large to feel comfy on any dip

And the upside is unclear to me, we could go to $4.5k, $6k, or more, I personally don't have conviction on price targets

I'll mostly react on what signs I get from the tradfi side (ETH tco + ETFs) as they are the ones determining our fate

According to crypto reporter Eleanor Terrett, White House Crypto Council Executive Director Bo Hines will step down to return to the private sector and will continue as a special government employee to assist David Sacks with AI initiatives. His deputy, Patrick Witt, is expected to assume the role of Executive Director. — link

we need skepticism and non consensus

https://x.com/fundstrat/status/1954295790492426532?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

Base recently marked its second anniversary. According to onbase data, over the past year, Base recorded 1.256 million active users (+1,280.6% YoY), 9.869 million total transactions (+2,049.6%), and nearly $4.5 billion in TVL. Meanwhile, network transaction fees dropped by 97.7% compared to the previous year. — link

i know i’m in the right bags when they are pushing double digit gains almost everyday

remember everything we’ve discussed thus far

opp cost is high sitting in the wrong assets

go for the fastest horses

unrelated

light tge this week (heaven dex)

looking forward to seeing how it goes

the term late game reminds me of LoL

one right swing in the late game can completely turn the tides in your team's favour

whatever mistakes you've made thus far can still be recovered with the right moves

we have to cherish and play it carefully

i'd say the value of your chips are increasing each day, but not in the absolute sense

the value of your chips are increasing each day because the clock is running out

once lost, it'll be much harder to get it back with the limited time left

hence, carefully

especially when rugs and scams will be more abundant, or when you've made a bunch, start feeling invincible, and start throwing money at terrible plays

thats money that you'll never get back once the music stops

stay disciplined, stay the course