wen nothing works; it's war time
Nothing has changed; same words, same tags from the 2022 Russia/Ukraine war headlines.
No one will do anything. Fire some stuff into the sky and then go back home.
Hedge funds and asset managers will be buying, people's fear of a war that's never going to happen.
With the BTC post-halving, miners are sitting with billions to liquidate. As with previous halvings, BTC went sideways and money flow moved elsewhere; a replica of previous halvings might be the same this time. [more on this soon]
Nothing has changed; same words, same tags from the 2022 Russia/Ukraine war headlines.
No one will do anything. Fire some stuff into the sky and then go back home.
Hedge funds and asset managers will be buying, people's fear of a war that's never going to happen.
With the BTC post-halving, miners are sitting with billions to liquidate. As with previous halvings, BTC went sideways and money flow moved elsewhere; a replica of previous halvings might be the same this time. [more on this soon]
Alpha
wen nothing works; it's war time Nothing has changed; same words, same tags from the 2022 Russia/Ukraine war headlines. No one will do anything. Fire some stuff into the sky and then go back home. Hedge funds and asset managers will be buying, people's…
As mentioned some escalations , market-wise, now feeds will go into max panic, fearing not buying.
Hedge funds will suggest, "Beware of Buying the Dip." Bearish articles are all over the place.
But, like in 2020, dips will start recovering at 2x speed; the good stuff will be bought back again.
A 20%/25% drawdown after each all-time high has been normal, as mentioned last time here.
Hack/war/FUD = bullish.
Hedge funds will suggest, "Beware of Buying the Dip." Bearish articles are all over the place.
But, like in 2020, dips will start recovering at 2x speed; the good stuff will be bought back again.
A 20%/25% drawdown after each all-time high has been normal, as mentioned last time here.
Hack/war/FUD = bullish.
Solana that Sam has been shilling in jail; FTX sold all their allocation to Pantera, now at the bottom.
Solana must go back up before meme coins start running again.
Previous performer coins = future performers.
Solana must go back up before meme coins start running again.
Previous performer coins = future performers.
Alpha
As mentioned some escalations , market-wise, now feeds will go into max panic, fearing not buying. Hedge funds will suggest, "Beware of Buying the Dip." Bearish articles are all over the place. But, like in 2020, dips will start recovering at 2x speed; the…
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In the last 7 days, Wintermute, a prominent market maker, sold most of the tokens they were holding since bottom prices.
including tokens such as $ENA and $WLD..
They are now holding the majority of their balance in stablecoins [$USDC, $USDT, $WETH]. This behavior mirrors that of similar market makers like Jump, Amber, and Cumber.
Deposits for majors ($eth/$btc) on lending protocols increasing could be selling majors there to earn funding rates, or APR%.. OI growing, Market might going to stay here to a little bit more down side based on logical data reasoning.
including tokens such as $ENA and $WLD..
They are now holding the majority of their balance in stablecoins [$USDC, $USDT, $WETH]. This behavior mirrors that of similar market makers like Jump, Amber, and Cumber.
Deposits for majors ($eth/$btc) on lending protocols increasing could be selling majors there to earn funding rates, or APR%.. OI growing, Market might going to stay here to a little bit more down side based on logical data reasoning.
Week Ahead 22/29
$INJ: Injective 3.0 tokenomics vote ends Apr 23.
$STG: Stargate V2 launch & LayerZero TGE expected Q2!?
$OMNI: Omni Network launch expected this week, secured by EigenLayer.
$PRCL: token launch on Solana DEX next week.
April 22
$AERO: Slipstream release.
$MAGIC: Treasure Ruby Testnet.
April 24
$AGLD: Forge Launchpad.
$FLUX: OS Update.
$NGL: Main Net launch.
April 25
$FP, $BEAM: Playland Launch.
April 26
$OAS: Loot Adventures Launch.
April 29
$TET: Airdrop.
Coinbase: $DOGE listing.
$VOXEL: Voxies Tactics Launch.
April 30
$KAVA: BEP3 Migration.
$KLAY, $FNSA: New unified brand.
$ILV: Private Beta 4 starts.
Token unlocks > 4% Cir supply next week:
$ID: 4.29% ($15.24M) - April 22
$FIDA: 14.68% ($6.36M) - April 23
$RBN: 3.99% ($23.4M) - April 24
$GT: 6.91% ($47.16M) - April 26
$EDU: 4.76% ($8.9M) - April 28
Macro:
PMI ~ 23rd April
$INJ: Injective 3.0 tokenomics vote ends Apr 23.
$STG: Stargate V2 launch & LayerZero TGE expected Q2!?
$OMNI: Omni Network launch expected this week, secured by EigenLayer.
$PRCL: token launch on Solana DEX next week.
April 22
$AERO: Slipstream release.
$MAGIC: Treasure Ruby Testnet.
April 24
$AGLD: Forge Launchpad.
$FLUX: OS Update.
$NGL: Main Net launch.
April 25
$FP, $BEAM: Playland Launch.
April 26
$OAS: Loot Adventures Launch.
April 29
$TET: Airdrop.
Coinbase: $DOGE listing.
$VOXEL: Voxies Tactics Launch.
April 30
$KAVA: BEP3 Migration.
$KLAY, $FNSA: New unified brand.
$ILV: Private Beta 4 starts.
Token unlocks > 4% Cir supply next week:
$ID: 4.29% ($15.24M) - April 22
$FIDA: 14.68% ($6.36M) - April 23
$RBN: 3.99% ($23.4M) - April 24
$GT: 6.91% ($47.16M) - April 26
$EDU: 4.76% ($8.9M) - April 28
Macro:
PMI ~ 23rd April
Shorting tokens with a large $ amount of unlocks stills the best working trade, with these coins down an average of -15%.
In April, over $1 billion was unlocked by layer-2 tokens and DEX-based tokens, including $ARB with $152 million, $APT with $418 million, and $DYDX with $165 million.
The market bottomed out with selling pressure from those unlocks at -35%, which could also lead to a case for a few coins to be called out for having higher FDV that can trigger a so-called hate rally, for example, $SUI, $SEI, $IMX, and $APT. Or, the initial rally pre-April was an exit pump before the unlocks.
In April, over $1 billion was unlocked by layer-2 tokens and DEX-based tokens, including $ARB with $152 million, $APT with $418 million, and $DYDX with $165 million.
The market bottomed out with selling pressure from those unlocks at -35%, which could also lead to a case for a few coins to be called out for having higher FDV that can trigger a so-called hate rally, for example, $SUI, $SEI, $IMX, and $APT. Or, the initial rally pre-April was an exit pump before the unlocks.