Forwarded from Crypto support group hotline
A young trader came to a wise DeFi farmer at the end of the bull run and said, “your wisdom is grand, I have been blessed to have reached my target goal of $10m and I wish to retire and live off the yield.”
The farmer said “what glorious news, diversify your funds across platforms to minimize risk. You can buy some t-bills, place some in aave, high yield savings accounts, you can even deposit some on centralized exchanges to earn yield.”
The young trader said “but farmer, these yields are only 3-4% and surely not enough for me to fly private, vacation in the Maldives, rent a coastal party house, and live my best life.”
The farmer said “young trader, I can tell you of higher yields but you must be forewarned for with each percentage comes more risk.”
The trader retorted “I want the highest yield, I care not where it comes from”
“Very well” said the farmer and he handed the trader an envelope, “40% apy, use at your own risk”
The trader left gleefully.
A fortnight later the trader returned to the farmer and said “it was quite unusual, I lost 10% of my principal when the peg broke and I sold. I’m down from $10m to $9m but surely still have enough to live off yield. Tell me, tell me wise farmer where I can get the highest yields?”
The farmer handed him an envelope labeled 20% and warned, “you may use this strategy but beware for it is a basket of…”
The trader rudely interrupted “if I wanted to hear about baskets, I’d have gone to a basketweaver at the market”
Three fortnights later the trader returned to the farmer and said “I feel Jupit-poor, I’m down another 25% on my principal. I have only 6.75m left. I understand I’ll have to fly commercial, I won’t be purchasing that yacht but perhaps I can still earn a decent living from yield.”
The farmer handed him an envelope marked 10% and said “I must warn you, this strategy takes the other side of trades for traders on hy…”
The young trader, wind blowing through his broccoli haircut interjected “I care not about sides, I only care for yield”
The trader returned to his abode, opened the envelope and muttered under his breath, “hyperliquid”
H/T my ceo lunch
The farmer said “what glorious news, diversify your funds across platforms to minimize risk. You can buy some t-bills, place some in aave, high yield savings accounts, you can even deposit some on centralized exchanges to earn yield.”
The young trader said “but farmer, these yields are only 3-4% and surely not enough for me to fly private, vacation in the Maldives, rent a coastal party house, and live my best life.”
The farmer said “young trader, I can tell you of higher yields but you must be forewarned for with each percentage comes more risk.”
The trader retorted “I want the highest yield, I care not where it comes from”
“Very well” said the farmer and he handed the trader an envelope, “40% apy, use at your own risk”
The trader left gleefully.
A fortnight later the trader returned to the farmer and said “it was quite unusual, I lost 10% of my principal when the peg broke and I sold. I’m down from $10m to $9m but surely still have enough to live off yield. Tell me, tell me wise farmer where I can get the highest yields?”
The farmer handed him an envelope labeled 20% and warned, “you may use this strategy but beware for it is a basket of…”
The trader rudely interrupted “if I wanted to hear about baskets, I’d have gone to a basketweaver at the market”
Three fortnights later the trader returned to the farmer and said “I feel Jupit-poor, I’m down another 25% on my principal. I have only 6.75m left. I understand I’ll have to fly commercial, I won’t be purchasing that yacht but perhaps I can still earn a decent living from yield.”
The farmer handed him an envelope marked 10% and said “I must warn you, this strategy takes the other side of trades for traders on hy…”
The young trader, wind blowing through his broccoli haircut interjected “I care not about sides, I only care for yield”
The trader returned to his abode, opened the envelope and muttered under his breath, “hyperliquid”
H/T my ceo lunch
👍2💯2
I believe you should now just stick to your spot and perps for low levs instead of risking high
Maybe we do get bottoms around 70-72k where most liquidity lies and that range gonna be amazing one !
We yesterday got a cpi dump bcz their actually got a huge liquidity built at 80s levels which was indeed needed to be clear !
Trade wars seems to be cooling later march or start april ; we can see a probable pushback around april-june!
Additional; we are seeing not a major strength rn on majority charts ; so build your pfs accordingly where the strength is likely to turn fastest- modest
HL guys are gonna make some another play book of this cycle ; they have been turning up high OIs really , take care
Maybe we do get bottoms around 70-72k where most liquidity lies and that range gonna be amazing one !
We yesterday got a cpi dump bcz their actually got a huge liquidity built at 80s levels which was indeed needed to be clear !
Trade wars seems to be cooling later march or start april ; we can see a probable pushback around april-june!
Additional; we are seeing not a major strength rn on majority charts ; so build your pfs accordingly where the strength is likely to turn fastest- modest
HL guys are gonna make some another play book of this cycle ; they have been turning up high OIs really , take care
👍2
Crypto Masters
I believe you should now just stick to your spot and perps for low levs instead of risking high Maybe we do get bottoms around 70-72k where most liquidity lies and that range gonna be amazing one ! We yesterday got a cpi dump bcz their actually got a huge…
Probably looks like we gonna get some good levels up first to clear up liquidity and maybe a sudden drop back
But who knows actually none
But who knows actually none
👍1
Forwarded from Birds of a Feather
General base case is that we still trend lower over the HTF. There is a moderate chance that we bottomed at 76k, or potentially double bottoming at 74-76k but I think that probability is decreasing over time.
Structurally I still haven't seen anywhere close to the levels of capitulation I would deem sufficient for a deep cleanse after the excess of this cycle. Think it's only a matter of time before we test Saylor's 66k mental level and see how the market reacts below that level.
Across all timeframes everything has broken uptrends or ranges and BTC @ 75 is realy the last level left.
Given correlations with equities as well, I don't think we're going to see a reversal from Trump / Bessent / Powell anytime soon either. Will probably look to short high 80s if we get it on a good PPI tonight.
Structurally I still haven't seen anywhere close to the levels of capitulation I would deem sufficient for a deep cleanse after the excess of this cycle. Think it's only a matter of time before we test Saylor's 66k mental level and see how the market reacts below that level.
Across all timeframes everything has broken uptrends or ranges and BTC @ 75 is realy the last level left.
Given correlations with equities as well, I don't think we're going to see a reversal from Trump / Bessent / Powell anytime soon either. Will probably look to short high 80s if we get it on a good PPI tonight.
👍1
Forwarded from Ahboyash Reads
Hyperliquid whale is back, also opened positions on GMX
Longed ETH/ Shorted BTC on HL: https://hypurrscan.io/address/0xf3f496c9486be5924a93d67e98298733bb47057c
Longed ETH on GMX: https://app.gmx.io/#/accounts/0xf3F496C9486BE5924a93D67e98298733Bb47057c?network=arbitrum&v=2
Longed ETH/ Shorted BTC on HL: https://hypurrscan.io/address/0xf3f496c9486be5924a93d67e98298733bb47057c
Longed ETH on GMX: https://app.gmx.io/#/accounts/0xf3F496C9486BE5924a93D67e98298733Bb47057c?network=arbitrum&v=2
Forwarded from infinityhedge
TRUMP: EU has just put a nasty 50% Tariff on Whisky. If this Tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES.
JUST IN: 🇺🇸 US Core PPI falls to 3.4%, lower than expectations.
WSJ: Representatives of President Trump’s family have held talks to take a financial stake in the U.S. arm of crypto exchange Binance. Changpeng Zhao has been pushing for the Trump administration to grant him a pardon. — link
Hyperliquid To Require 20% Margin Requirement On "Margin Transfers" Starting March 15th In Response To Recent HLP Loss, Not To Affect Opening Positions — X
Crypto Masters
WSJ: Representatives of President Trump’s family have held talks to take a financial stake in the U.S. arm of crypto exchange Binance. Changpeng Zhao has been pushing for the Trump administration to grant him a pardon. — link
CHANGPENG ZHAO: NO TALKS OF BINANCE US DEAL WITH ANYONE
🤣😭 https://x.com/cz_binance/status/1900194883891322948?s=46
🤣😭 https://x.com/cz_binance/status/1900194883891322948?s=46
X (formerly Twitter)
CZ 🔶 BNB (@cz_binance) on X
4. Sorry to disappoint. The WSJ article got the facts wrong.
More than 20 people have told me they were asked by the WSJ (and another media), "Can you confirm that CZ made some deal for a pardon?"
They probably asked hundreds of people to have 20 people…
More than 20 people have told me they were asked by the WSJ (and another media), "Can you confirm that CZ made some deal for a pardon?"
They probably asked hundreds of people to have 20 people…
COINBASE VENTURES TO LEAD BASE ECOSYSTEM GROUP ON ECHO PLATFORM
W for COBIE & TEAM
W for COBIE & TEAM
Crypto Masters
I believe you should now just stick to your spot and perps for low levs instead of risking high Maybe we do get bottoms around 70-72k where most liquidity lies and that range gonna be amazing one ! We yesterday got a cpi dump bcz their actually got a huge…
Nothing better in here then patience; maybe we tryna gain 84k resistance somehow first or probably trump fires more tariffs and 76-77 ranges
Am very much surprised to see those lil pumps on popcat, pengu & pnut seen there market caps and old relative strengths !
People seems to be have bored of memes ; trust me it’s gonna be a good chance but in high R/r
Am very much surprised to see those lil pumps on popcat, pengu & pnut seen there market caps and old relative strengths !
People seems to be have bored of memes ; trust me it’s gonna be a good chance but in high R/r