Forwarded from Techleaks24 🇵🇸
What would you say to a new defi primitive that gives you leveraged long convexity exposure for a one time upfront fee, 0 liquidation risk, 0 volatility decay, 0 funding fees.
In other words, only you can close your position, and your profit loss depends exclusively on entry/exit price. The path price took doesn't affect your profit/loss.
What does convexity mean? That position size follows a convex curve, not a straight line like an ordinary leveraged long.
Profit auto-compounds as price moves in your direction.
Because of convexity you also never get liquidated if price moves against you.
And finally, you don’t pay funding fees but only a one time upfront fee (no fee when you close).
Entirely onchain, on ETH.
If you didn’t get a word of what I just explained, best to move on because it means this is too complex for you. But if you got it then I’m sure you understand this is a big deal. SIR is a new defi primitive that doesn’t exist anywhere else.
I'm in, feel free to join the movement!
In other words, only you can close your position, and your profit loss depends exclusively on entry/exit price. The path price took doesn't affect your profit/loss.
What does convexity mean? That position size follows a convex curve, not a straight line like an ordinary leveraged long.
Profit auto-compounds as price moves in your direction.
Because of convexity you also never get liquidated if price moves against you.
And finally, you don’t pay funding fees but only a one time upfront fee (no fee when you close).
Entirely onchain, on ETH.
If you didn’t get a word of what I just explained, best to move on because it means this is too complex for you. But if you got it then I’m sure you understand this is a big deal. SIR is a new defi primitive that doesn’t exist anywhere else.
I'm in, feel free to join the movement!
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🚨Bullish vibes at Token 2049. Projects are posturing for distribution (translation: pumps), smart money is looking for rotations, and regulators are finally adding clarity.
Seasonality and macro favor it: October-November are the strongest months for crypto, real rates are headed even lower as central banks keep cutting despite high inflation.
[Load up spot before everything rips!]
Seasonality and macro favor it: October-November are the strongest months for crypto, real rates are headed even lower as central banks keep cutting despite high inflation.
[Load up spot before everything rips!]
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Bull Case
🚨US AUTO BANKRUPTCIES ON A TEAR: First Brands Group, a leading auto supplier with $4B in 2024 revenue, filed for Chapter 11 bankruptcy today with more than $10bn in liabilities. Credit markets are in serious trouble, Fed's higher rates for longer policy has…
🚨Private credit default rates on the rise since 2024.
[The Fed will panic and markets will pump.]
[The Fed will panic and markets will pump.]
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🚨SOFT DATA GALORE: CONSUMERS CONTINUE TO POINT TO A COOLING OF LABOR MARKET CONDITIONS.
The Conference Board’s labor differential, % of consumers who say jobs are "plentiful" minus % who say jobs are "hard to get", made a new cycle low in September.
With the BLS off the grid, soft data like this becomes critical for the Fed.
[The Fed is about to scramble in panic, BTFD before money printer goes brrr!]
The Conference Board’s labor differential, % of consumers who say jobs are "plentiful" minus % who say jobs are "hard to get", made a new cycle low in September.
With the BLS off the grid, soft data like this becomes critical for the Fed.
[The Fed is about to scramble in panic, BTFD before money printer goes brrr!]
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Bull Case
🚨Discretionary (independent) investor equity exposure ticked up this week but they are still stuck at neutral with plenty of room to catch up. Systematic strategy positioning ("Big Money") flipped discretionary investors in summer and has been rising ever…
🚨DB: WHILE THERE MAY BE A BUBBLE, THE MOMENT EVERYONE SPOTS IT IS THE MOMENT IT IS LEAST LIKELY TO BURST.
Crypto, AI bubble Google searches peaked in July when discretionary investors sold. Now we know why, they sold because they realized we're in a bubble.
[Hated rally incoming, innit? BTFD!]
Crypto, AI bubble Google searches peaked in July when discretionary investors sold. Now we know why, they sold because they realized we're in a bubble.
[Hated rally incoming, innit? BTFD!]
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🚨PRIVACY COINS LEADING THE RALLY ACROSS ALL SECTORS IN BOTH 1D AND 1W PRICE PERFORMANCE.
Both OI and volume set new records at $241.15M and $2.83B
Both OI and volume set new records at $241.15M and $2.83B
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Bull Case
🚨LAST WEEK INSTITUTIONS BOUGHT $356M SPOT ETH WHILE HUNTING DOWN LEVERAGED LONGS WITH FUD (exclusive analysis by @bullcase) Week ending Sep 26: ETH ETFs sold 177,280 ETH ETH Treasuries bought 266,000 ETH 🟢 Net: 88,720 ETH, worth $356M at $4k, were accumulated…
🚨ETH SPOT POSITIONING Z-SCORES FLIPPED NEGATIVE IN SEPTEMBER FOLLOWING ETF FUD
The ETF outflows narrative was just FUD to mask the big rotation from ETH ETFs into ETH Treasuries.
[Bear bros still don't believe it, BTFD before they start chasing the rally!]
The ETF outflows narrative was just FUD to mask the big rotation from ETH ETFs into ETH Treasuries.
[Bear bros still don't believe it, BTFD before they start chasing the rally!]
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🚨HOW TO MAKE 10X FROM A SINGLE ETH WITH THE SAME RISK PROFILE OF HOLDING IT SPOT (exclusive @bullcase trade idea) It is becoming clear that ETH will likely hit $15K this cycle.
Most of you will be tempted to convert it into some shitcoin for more upside, and will get REKT that way.
Here is how to get 10X on your ETH (with current entry as current ETH price $4490) without converting it into another shitcoin, and without risking it in a leveraged trade that can get liquidated:
Step 1: Have one wETH in your wallet
Step 2: Head over app.sir.trading
Step 3: Go long with one wETH on the WETH/USDC^2 pair
Step 4: Wait until ETH hits $15K (or gets close to $15k) and withdraw $44K for 11X profit (initial fee is factored in)
No liquidation risk, no additional funding or maintenance fees. Once you open all you have to do is wait until the target is hit and collect your jackpot. ETH should hit $15K by New Year.
Most of you will be tempted to convert it into some shitcoin for more upside, and will get REKT that way.
Here is how to get 10X on your ETH (with current entry as current ETH price $4490) without converting it into another shitcoin, and without risking it in a leveraged trade that can get liquidated:
Step 1: Have one wETH in your wallet
Step 2: Head over app.sir.trading
Step 3: Go long with one wETH on the WETH/USDC^2 pair
Step 4: Wait until ETH hits $15K (or gets close to $15k) and withdraw $44K for 11X profit (initial fee is factored in)
No liquidation risk, no additional funding or maintenance fees. Once you open all you have to do is wait until the target is hit and collect your jackpot. ETH should hit $15K by New Year.
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Bull Case
🚨QE NOT QE: WRESBAL (the reserve balances of commercial banks held at the Fed) dropped another $71B this week, to $3,002B. Since August 20, a total $300B has been injected into the market from WRESBAL. ($400B since July 16!) Stablecoin supply change since…
🚨WRESBAL DROPPED ANOTHER $36B THIS WEEK, DOWN TO $2,966B, THE LOWEST LEVEL SINCE JANUARY 2023!
Remember the rule of thumb for this cycle so far: 25% of what leaves Fed's WRESBAL ends up in alt coins.
[BTFD before alts hit escape velocity!]
Remember the rule of thumb for this cycle so far: 25% of what leaves Fed's WRESBAL ends up in alt coins.
[BTFD before alts hit escape velocity!]
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