$ONDO
{spot}(ONDOUSDT)
🚀 $ONDO Token Hits a New All-Time High (ATH) and Shines Bright!
The $ONDO token surged to a 24h high of $1.05, marking a +16.40% increase, as shown in the chart, with strong daily trading volume exceeding $63 million.
But it’s not just about the price —
ONDO token holders now play a key role in shaping the future of the Ondo DAO, which continues its mission to democratize access to institutional-grade finance, particularly through its governance over Flux Finance.
A project backed by solid fundamentals and real vision… and it still has upward potential!
Missed the rally?
This might just be the beginning…
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Will there be another ALT SEASON season?
I'm starting to get this feeling that we might get a replay of the 2021 cycle where there were two ‘humps’.
The first hump was led by BTC with a fervent ETH-ecosystem alt season before a harrowing collapse and then a second hump along with SOL-ecosystem alt season.
SOL’s ecosystem exploded along with its price. Questionable where the bid came from, but nevertheless a fresh narrative captured the minds of crypto participants.
Additionally there was also terra luna which became a religion, dydx hit ATHs and bored apes started minting multiple multi-millionaires during the second alt season as well.
If we get something similar, we might get a similar switcheroo type scenario.
The recent alt season was a SOL based memecoin, ai led cycle, with select out-performers in ETH-adjacent ecosystems like HYPE, Virtuals and perhaps ENA, but most of the new retail were sucked into SOL memes.
Perhaps this time, we get a back-to-ETH rally?
I’m having a bit of trouble finding fundamental reasons for this, but the only one I find remotely persuasive is a massive mechanical short squeeze re-igniting interest in the ETH eco-system again. As narrative follows price.
It's a bit too early to tell so will be looking for signs, but dare I say it... ETH looks good here???
Some contenders for the swing trade
ETH comeback
AAVE, PENDLE, ENA, LDO comeback?
HYPE continuation
Fartcoin the fresh memecoin for retail
TAO returns?
Perhaps even some BTC betas get some time in the sun for once? ORDI, RUNES etc
Daily Vol ed. 2025-04-24 ⚖️🐂
Two days ago we were at 84k. Now we’re floating at 93k.
What an asset. 10.7% in two days.
Bessent yesterday signaled more de-escalation and stabilization, but left the timeline a bit open, disappointing markets.
Good guidance for markets, but bonds aren’t buying it yet.
BTC
BTC and crypto in general seem eager to hop on at these new highs as Bessent Jr’s 21 is making headlines.
A dangerous game, which usually get people rekt. Not much edge entering longs here.
Aggressive long entry for BTC could be around 92k.
I’m just going to hold my BTC longs as 21 entering the BTC race is good for price medium term.
ETH
ETH also looking interesting based on a potential return of ETH scenario talked about here
https://t.co/3DRSvs49UJ
Got burnt trying to long it yesterday after seeing the large spot bids on nance.
Going to take a more measured approach this week.
Positioning : Long with hedges
Long BTC, HYPE, ETH, SOL
Short ENA, XRP, BONK, TRUMP, WLD…
Positives
- 21 joins the MSTR game
- Continued BTC/SPX strength
- Macro bottom call from Felix based on extreme pessimism
- LT bitcoin skews more bullish
Negatives
- Hawkish Powell
- Retail still buying dips - Julian Brigden
- Debt refinancing wall in summer - Michael Howell
- Federal student loan maturity starting in May - Anna Wong
🕹️Currently trading mostly on @Lighter_xyz
Closed beta. Early. Points. ZK-tech. 200% apy LP-Vaults. Backed by big names. Use link to join the party. DM for access as I'm running short on codes. Only serious players apply.
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Retail Enthusiasm and Whale Accumulation Surge - Could This be a Significant Shift for Bitcoin (BTC)?
Bitcoin's recent price activity has sparked interest in the market, leading to discussions about the cryptocurrency's future. There's notable activity from retail traders and significant Bitcoin holders, suggesting a potential market turning point.
After Bitcoin's surge above $94,200, data indicated a wave of retail traders entering the market, contrasting the recent exit amid macroeconomic uncertainty. This renewed interest suggests Bitcoin may move towards $100,000. Additionally, an 11% surge in Bitcoin's value from April 21 to 25 coincided with significant accumulation by key whales and sharks.
Despite concerns about the sustainability of the rally, Bitcoin remains the dominant market force with an impressive 64.29% dominance, while altcoins lag. Crypto analyst Michaël van de Poppe posits that continued buying pressure might push Bitcoin to a new all-time high.