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Gold-1
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TP’d 2 longs: $GRASS - $63k (yesterday) $ETH - $42k (today) I had to stick to my plan. I took both of these as a short term trade. GRASS ended up being a 1 week hold and several round trips in between (added because I believed in more upside). But it’s a bit of a pain in the ass to trade ETH I took on Friday, I was wanting to let it play out longer but decided to close today… I’ve been burnt several times in ETH I’m still in one RWA play, but I believe it has potential for much higher and will not exit that for the foreseeable future
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Position update: My bias is that was the bottom. Pushed down due to the infighting between Trump and Elon. Also $100k retest confluence I bought $ETH at $2417 on the move down. I think ETH will likely outperform BTC in the near term. The flows are ramping up, even beginning to outpace BTC. Large entities are also staking their eth $SYRUP - nothing fundamentally has changed. The numbers are up only (TVL, revenue) and RWA fundamentals will only keep accelerating and improving. I really think this will be a kingmaker trade $GRASS - another fundamental play. Also bounced well, lots of relative strength.
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Position update: My bias is that was the bottom. Pushed down due to the infighting between Trump and Elon. Also $100k retest confluence I bought $ETH at $1417 on the move down. I think ETH will likely outperform BTC in the near term. The flows are ramping up, even beginning to outpace BTC. Large entities are also staking their eth $SYRUP - nothing fundamentally has changed. The numbers are up only (TVL, revenue) and RWA fundamentals will only keep accelerating and improving. I really think this will be a kingmaker trade $GRASS - another fundamental play. Also bounced well, lots of relative strength.
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All I can say is I'm very glad I've been taking consistent profits out of crypto
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The digitisation of ALL assets is the future. It's just a matter of time. The ball is set in motion... In fact it's already happening The greatest part about this is that the list of RWA tokens listed on major exchanges can be counted on one hand. People are sleeping on this right now because they want to buy once things are already up 10x. The majority don't see it as interesting just yet... But they will
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