LTF, still holding ARB looking for a flip of that down trend but may cut and reasses on a rejection. Cash could be king until end of the month/start of Feb
Although, HTF ARB still looks good. 10-15% more downside is limited and that would equate to a 30% drawdown from peak to trough which is healthy. I think other alts have more downside vs. ARB itself, the upcoming EIP upgrade is also still in play as a catalyst for bid support
Although, HTF ARB still looks good. 10-15% more downside is limited and that would equate to a 30% drawdown from peak to trough which is healthy. I think other alts have more downside vs. ARB itself, the upcoming EIP upgrade is also still in play as a catalyst for bid support
INJ also looks very interesting, the MM's really fighting here.
Not in a rush to add back, but one to keep an eye on
Not in a rush to add back, but one to keep an eye on
BGC Priv Journal
INJ also looks very interesting, the MM's really fighting here. Not in a rush to add back, but one to keep an eye on
would rather see confirmation with momentum in strength and momentum in PA compressing like a coiled spring. INJ tends to have compression/expansion type behavior
BGC Priv Journal
would rather see confirmation with momentum in strength and momentum in PA compressing like a coiled spring. INJ tends to have compression/expansion type behavior
some consolidation until momentum compresses. Following last time would lead up to another expansion phase sometime in toward end of Jan / start of Feb. Would also line up with the timeframe of the correction period alts may have be going through.
Will be watching though, wouldn't hesitate to hop on if confirmation of the next expansion came earlier
Will be watching though, wouldn't hesitate to hop on if confirmation of the next expansion came earlier
Did not realize SOL had it's 30% correction. Makes sense since it's clear that liquidity in the eco is just being recycled vs. new money flowing in. r/r here for adding to a long term bag isn't bad, but PA wise i still think it's consolidation in a wider range until end of jen/feb.
Same as inj, if momentum shifts early, wouldn't hesitate to put a position back on.
Worst case, there could be 20%ish more downside to the $70 area, but that would be a place where it's probably best to close ur eyes and bid
Same as inj, if momentum shifts early, wouldn't hesitate to put a position back on.
Worst case, there could be 20%ish more downside to the $70 area, but that would be a place where it's probably best to close ur eyes and bid
$RSTK - Restake Finance is the first protocol launching modular liquid staking for EigenLayer.
It's the utility and governance token of the Restake Finance ecosystem.
Catalysts - https://x.com/Pastore1314/status/1743613557839691844?s=20
I've overtraded this one, but now it's entering a nice bid area and demand is definetely showing itself here. Rebought expecting potential 20% downside, but going to just hold this for now. It's the first token available within the broader Eigen layer narrative. I don't want to look back and see that I overtraded a powerful narrative again like i did with Mubi.
It's 30mil market cap, FDV is around 100mil. FDV put me off initially, but I don't want to be an FDV mid-curver on this one.
Kelp DAO is competitor and leader. It's tokenless for now, there's hints that there will be a drop at some point. so the plan would be to just hold this until an airdrop announcement
It's the utility and governance token of the Restake Finance ecosystem.
Catalysts - https://x.com/Pastore1314/status/1743613557839691844?s=20
I've overtraded this one, but now it's entering a nice bid area and demand is definetely showing itself here. Rebought expecting potential 20% downside, but going to just hold this for now. It's the first token available within the broader Eigen layer narrative. I don't want to look back and see that I overtraded a powerful narrative again like i did with Mubi.
It's 30mil market cap, FDV is around 100mil. FDV put me off initially, but I don't want to be an FDV mid-curver on this one.
Kelp DAO is competitor and leader. It's tokenless for now, there's hints that there will be a drop at some point. so the plan would be to just hold this until an airdrop announcement
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BGC Priv Journal
some consolidation until momentum compresses. Following last time would lead up to another expansion phase sometime in toward end of Jan / start of Feb. Would also line up with the timeframe of the correction period alts may have be going through. Will be…
INJ is built different, Jump hard at work
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