whenever the market tells u fuck u, return to what clears ur head and breathe, your going to be alright.

the hardest believors will eventually reach what they strive for.

there is beta plays running to 400 mio in hours, and u think the most viral meme of our lifes wont get some love soon?

BTC might bounce here. 97k area of demand. possibility of bullish divergence in RSI, and CME gap from Friday. Overreaction on the weekend, good chance we bounce here and fill the CME gap on monday market open.

Long

Either this is the last shakeout, or were cooked.

I actually think this will send us into a multi week bear trend. Something like may 2021 ish.

I would def wait for stocks to open tomorrow, and see what that tells us. If they open bullish, I expect a good relief, if they open slightly red only, expect some green in crypto. If they open very red, expect consolidation.

Overall picture is still bullish, I suggest this is mass panic overreaction. But even if daily closes higher, these big wicks usually get filled (ETH 2,1k for example). So weekly trend is bearish now.

How is everybody doing, me think bottom in Q2, and Q3/Q4 acceleration risk-on.

eventually people did not think trump will pull through with tariffs as strongly as he promised. pretty sure today confirms the severity of this bearish trend. mid cycle bull correction if btc holds 72k, longer endured bear phase if we loose that. biggest accumulation cluster lies there. to give you guys something happy to look out for, LTH are accumulating BTC supply and their position remains elevated compared to prior cycles. these LTH holders usually tend to accumulate during consolidation phases, eventually leading to breakouts.

again, I highly suggest reading glassnode on-chain data reports, they provide increasingly good data, and looking at raw fundamentals cuts all the noise.

https://x.com/0x_darius/status/1915804630178738642?s=46&t=PBe6GCNdP0ilyxCMOLfRug

interesting to watch this play out over the next days/weeks!

Make sure you follow my x, posting a lot of high quality analysis for macro.

went into $PAWSE here.

They had an initial launch tax (reminds me of eth days), but is cooled down now and tradable across all platforms, refunds for tax collected are on the way. Close connection to bullpen and some cool crypto peaps, went in. https://x.com/PawseHQ/status/1935055377046872534

$ETH generational fakeout btw

Did the quant nail it or wat?