lots of short positions on exchanges getting liquidated in the past hour as $BTC and $ETH rally

bitcoin has been running and failing at that $40k resistance a few times...3rd time a charm?

played the bounce on $DEUS for a +12% move

swapped back to USDC

here's the post mortem for anyone that wants to understand better what happened. We were in constant communication with the team so felt comfortable that the news was overblown - i.e. it wasn't a DEUS hack or an ecosystem hack but an exploit using flash loans for their stablecoin DEI

https://lafayettetabor.medium.com/deus-post-mortem-3c65df12927f

Very good bounce here from BTC, we added some stars as still trading a good value for us

and close some LQDR posi in profit after the bounce

market refuses to rally again

$BYTE public sale now closed. Awaiting final price confirmation before Binary DAO goes live. We put $25k into this and watching closely

not much to do here going into the event risk with the FOMC later today. Our strategy is to wait for the dust to settle after the conference. We anticipate them taking a hawkish stance on rates with verbal comments re: commodity price inflation (oil/gas/food)

we have secured a lot of USDC and are ready to deploy pro-risk ... so far the move has been a technical rally with BTC shorts getting liquidated. Next leg up as to come from fresh demand not stop losses.

*has to

Fed clearly hawkish with their comments and the market is taking it "well". A clearer idea on positioning/risk will come by the end of the meeting

GREEN LIGHT ON RISK

starting to add . $45k into EXC-FTM 1,258% APR

less than an hour later... $57/hr & +$1.8k

we are at resistance, so little pullback would be nice to add meaningfully elsewhere. We have our shopping list ready