Momentum keep going on L1s, opened many longs

Which lead me to think we see a come back on utility tokens on ETH, before another massive round for memes

Objectively some valuation of utility tokens on eth are bear market like, could be incredible opportunities

Anyone who thinks utility is dead forever is a simple retard, crypto is the proxy to all tech

Meanwhile SOL is a deadly battlefield rn with max extraction and majors memes are not especially doing well

Majors memes on eth are not doing well too but we got some strong runners

Many opportunities around

+

feels like next leg is only big cap or established memes at best

rest goes to util or quality alts

the top for memes would’ve been so obvious in hindsight (not all memes, but fresh launches)

quite annoyed i didn’t pull the trigger on most of these set ups cause they are printing rn

but at least i have some longs running in this pump

risk management ig

CPI Day est; 3.0%
Banks forecasts for today CPI.

JUST IN: $2.8 trillion asset manager Goldman Sachs discloses $418 million Bitcoin ETF holdings.

@WatcherGuru

U.S. CPI: +2.9% YEAR-OVER-YEAR (EST. +3.0%)
U.S. CORE CPI: +3.2% YEAR-OVER-YEAR (EST. +3.2%)

via News_Of_Alpha

EigenLayer testing permissionless token support, ERC-20 tokens to be added as restakable assets — link | tl;dr

10K Silk Road BTC ($593.5M) moved to Coinbase Prime — Link

WHO DECLARES MPOX INTERNATIONAL EMERGENCY

lockdown stimmy then run it up lesgo

jk

but anyw market really boring these days i’ve honestly been just sitting on my hands mostly w spot bags

won’t be updating as frequently until action is back

in the meantime ill work on more fundamentals and reading + touch grass

OKX brings Solana ‘Blinks’ to Ethereum chains — link | tl;dr

Yooo uhh hmmm

The SEC rejected Cboe’s 19b-4 filings for Solana ETFs: Source: theBlock

This came after SEC reiterated its view to issuers that Solana is a security.