Forwarded from Wu Blockchain News
QCP: The strong policy action by China is on back of the Fed's 50bps cut, suggesting a continued wave of global easing that will provide strong support to asset prices in the near term. On the options side, front end skew for ETH has shifted from puts to calls, while ETH implied vol is trading 9% higher than BTC, suggesting both upside sentiment and higher expected volatility. — link
idt the market will be as kind as to give people the dip they want
personally feels like lots of sidelined capital/people taking profit hoping to bid lower
the pullback will likely be shallow
if it ain’t then maybe the market is not as strong as i thought after all these macro catalysts
personally feels like lots of sidelined capital/people taking profit hoping to bid lower
the pullback will likely be shallow
if it ain’t then maybe the market is not as strong as i thought after all these macro catalysts
👍3
will start bidding spot and longs if we start properly pulling back
one red candle isn’t a pullback 🧌
one red candle isn’t a pullback 🧌
most bullish case ofc is horizontal accumulation before sending like we’ve seen before earlier in the cycle
Crypto Mumbles
nice small pop on scallop let's see if we get continuation in coming days
took profits off scallop on this pop, nice 2x
i like this take on defi #reads
https://x.com/lazyvillager1/status/1838772809776136491?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
https://x.com/lazyvillager1/status/1838772809776136491?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
think at this point the market has chosen its dispersion winners
just slam into them imo, instead of trying to figure out something new and waiting for market to reprice it
as strength becomes clearer while there are too many assets to choose from, the margin of outperformance will only increase
just slam into them imo, instead of trying to figure out something new and waiting for market to reprice it
as strength becomes clearer while there are too many assets to choose from, the margin of outperformance will only increase
👍1
Crypto Mumbles
i like this take on defi #reads https://x.com/lazyvillager1/status/1838772809776136491?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
defi is not cyclical narrative that requires innovations as a spark, but a play on tapering conditions
when yields become attractive again in a tapering environment, inflows happen
tldr eth up soontm
when yields become attractive again in a tapering environment, inflows happen
tldr eth up soontm
Crypto Mumbles
happening rn
big winners starting to emerge in sui
grand scheme of things still early imo
starting to see bigger clips, apes, and eyes into sui
grand scheme of things still early imo
starting to see bigger clips, apes, and eyes into sui
by bigger clips it’s high 4 figs btw, gives you a gauge
in sol people ape 5 figs and more
in sol people ape 5 figs and more
🔥1
Crypto Mumbles
idt the market will be as kind as to give people the dip they want personally feels like lots of sidelined capital/people taking profit hoping to bid lower the pullback will likely be shallow if it ain’t then maybe the market is not as strong as i thought…
X (formerly Twitter)
pickle (@Pickle_cRypto) on X
Climbing a wall of worry doesn't mean no dips.
It means the dips are likely more shallow, but also people are still shook by them.
The sentiment remains heavier to 'oh shit this rally has failed, back down to the lows we go'. They're met with panic trades.…
It means the dips are likely more shallow, but also people are still shook by them.
The sentiment remains heavier to 'oh shit this rally has failed, back down to the lows we go'. They're met with panic trades.…
Forwarded from Walter Bloomberg
CHINA TO ISSUE $284 BLN OF SOVEREIGN DEBT AS PART OF FRESH FISCAL STIMULUS-SOURCES
SOME OF THE FISCAL SUPPORT MEASURES COULD BE UNVEILED AS EARLY AS THIS WEEK-SOURCES
HALF OF THE STIMULUS PACKAGE DESIGNED TO STIMULATE CONSUMPTION, THE OTHER HALF TO HELP LOCAL GOVERNMENTS TACKLE DEBT PROBLEMS-SOURCE
FUNDS TO PROVIDE MONTHLY ALLOWANCE OF ABOUT 800 YUAN PER CHILD TO ALL HOUSEHOLDS WITH TWO OR MORE CHILDREN, EXCLUDING FIRST CHILD-SOURCE
(@WalterBloomberg)
SOME OF THE FISCAL SUPPORT MEASURES COULD BE UNVEILED AS EARLY AS THIS WEEK-SOURCES
HALF OF THE STIMULUS PACKAGE DESIGNED TO STIMULATE CONSUMPTION, THE OTHER HALF TO HELP LOCAL GOVERNMENTS TACKLE DEBT PROBLEMS-SOURCE
FUNDS TO PROVIDE MONTHLY ALLOWANCE OF ABOUT 800 YUAN PER CHILD TO ALL HOUSEHOLDS WITH TWO OR MORE CHILDREN, EXCLUDING FIRST CHILD-SOURCE
(@WalterBloomberg)