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alechp
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0:37 is a visual summary of my friends and mutuals tweeting about the new yapper protocol this week
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wynn's addiction taught me the difference between "degenned" and "legend" is whether or not you hit sell when you're up 87M in a week
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still cracking up that i circled the exact local top as it was forming and instead of taking that as a very obvious sign to sell, took to twitter and trolled gaybears
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As a LTF guy, my bias flip flops every week, so “200k or 0” calls have little impact on my trades. CT bears calling for huge deviations were more respected historically because the market was much more susceptible to buy pressure being primarily driven by synthetic money (MEX perps). This means the market going up in smoke at any moment was much more likely. 60% of holders provided a base floor but depending on the market cycle, only meaningful “buy pressure” was degenerates on leverage. Now? Countries, bankers, funds and treasuries are buying it. It’s much, much more liquid than what we grew up with years prior. These types are exposed to global macro risk, not perp traders 40x’ing 20M. Which is to say: I would have far more respect for bears calling massive retraces if they were doing meaningful analysis on macro / market at large. For your 50k bear case to move the needle for me, it needs to illustrate “everything is going to 0” Zooming out to BTC’s 1M chart, dropping a trend line, drawing a squiggly line down to 50k and dropping the market analysis equivalent of “👀”? So long and thanks for all the fish.
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SOL starting to fight here. First time since the nuke
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Summary of the last week: ✅ BTC ATHs ✅ Memorial Day ✅ BTC conference ✅ Tariffs suspended ✅ ES crosses 6k ✅ Tariffs reinstated ✅ Wynn liquidated ✅ ES nuke ✅ BTC sweep lows ✅ Trump announces 2.5B buy ✅ FTX 5B started ✅ TL calling for 50-80k Feels like bulk of bleed is over Expectations: - BTC bounce by Monday unless Trump kicks off the day with more tariff talk - Alts finished cascades - Run it back to 108.2 & reevaluate
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