Quick take (FOMO):
Macro tailwind: July CPI 2.7% < 2.8% → risk-on. Odds of Sept Fed cut ~82.5%. BTC/ETH holding $119K / $4.6K = solid floor for alts.
Base popping: Creator/meme flows + Aerodrome volume burst; real-yield pools pulling liquidity; network fees ramping.
Derivs cleaned up: OI −6.9%, spot +142%, funding +0.009% → uptrend without froth.
How I’m playing it:
Focus on leaders with volume (ETH ecosystem/L2s, SOL leaders, quality DeFi).
Buy breakouts / retests, not dying dips. Scale out at +10–15%, then +20–30%, trail the rest.
Rotation checklist ON if: ETH/BTC trends up, BTC.D drifts down, breadth expands for 2–3 sessions.
Levels / Catalysts:
ETH $4.8K = gate. Break + hold → stronger alt flows; reject → retest $4.6K.
Aug 15 FOMC minutes for dovish tone; Sept Fed decision = validation (or rug).
Reminders (don’t get rekt):
Watch funding & OI—if funding spikes while price stalls, trim.
Don’t chase illiquid mints; size down on SocialFi plays—yields compress fast.
Hard stops under prior breakout highs; rotate into fresh strength, don’t marry bags.
Invalidation: ETH/BTC rolls over, BTC dominance rips, or Base activity cools sharply.
Bottom line: Macro relief + Base momentum + cleaner derivatives = green light—for now. Trade the leaders, pay yourself on the way up, protect the downside. 🚀🛡️
