Top signal?
Max pain not yet in

The plan for October is simple
- stay in stables till US election results
- Trump wins ( bullish)
- Kamala wins (Bearish) + Insta short $DOGE and weak coins

New Strategy for new period:

- Short old coins (dino) when It pumps to HTF resistance

- Long newly alts at local support.

Example

SOL no dip in BTC correction

It is going pump hard once BTC back to green

If your size is

- Above $100k, bid on Solana
- $10k - $100k, bid on 2nd layer of Solana derivatives (Dex, liquid staking etc)
- below $10k, bid on 3rd layer of Solana derivatives (Perpetual Dex, meme)

The lower your portfolio, you need higher leverage play. But with it, the risk is also attached.

As always, manage risks adequately

In an SEC filing late this afternoon, Microsoft disclosed that "Assessment of Investing in Bitcoin" is currently proposed and will be a voting item for the shareholder meeting on December 10 (the filing notes that "the Board recommends a vote against this proposal").

The filing is here (see voting item #5):

https://www.sec.gov/Archives/edgar/data/789019/000119312524242884/d878959ddefa14a.htm

This is huge

Sony's New L2 Soneium Testnet is Live! 🔥

Sony, the Japanese electronics giant, is making its entry into the Web3 space with a new public Ethereum layer 2 blockchain and ecosystem called Soneium.

Developed by Sony’s Web3 division, Sony Block Solutions Labs, this project aims to connect Web3 blockchain technology with everyday Web2 internet services.

——————

✅ The Soneium Testnet is now live.

Here’s how you can get involved:

1. Bridge ETH to/from Soneium Minato Testnet: Bridge
2. Complete this Layer3 quest: Layer3 Quest
3. Deploy an NFT using Thirdweb: Thirdweb

Personally, I don’t think these activities will affect any potential airdrop. If an airdrop happens, it’s likely to be based on activities after the mainnet launch.

However, since it’s free and backed by Sony, there’s nothing to lose but a few minutes.

Where next?

If Trump/Elon win the election, just imagine the November Candle of DOGE?

last cycle we had one $DOGE

this cycle we have two:

1. Dogecoin / $DOGE
2. Department of Government Efficiency / $DOGE

The most entertaining outcome is the most likely

💥BREAKING: BlackRock purchased $315.19 million worth of #Bitcoin yesterday!

ATH soon?

BlackRock bought another 8,805 $BTC($630M) yesterday and currently holds 417,058 $BTC($29.84B).

This marks #BlackRock's largest single-day BTC purchase in the past 7 months.

BlackRock bought another 12,127 $BTC($877.17M)!

#BlackRock currently holds 429,185 $BTC($31.04B).

Institutional buying at it's finest

I stay bullish, but I can’t ignore the possibility of a market dump.

What if Trump fails?

How will the markets react to that news?

-10%? -20%?? -30%??? -50%???? -80%?????

Or will we see the great pump against the logic?

The uncertainty is overwhelming.

But the reality is, I hold active long positions and dream about the altseason.

Why? Because after years of the bearish market and with 80-95% discounts on most altcoins, the altseason feels more likely than another 50-80% drop from current prices.

Does this make sense?

We don’t know the future, but we have to consider that the market can go upside, downside and sideways. Logic is important, but sometimes it doesn’t matter.

So, what’s the best approach in such conditions?

1. Wait for the outcome of the U.S. election - it’s the most significant event in the 2nd half of 2024.
2. Stick to Plan A.
3. Adjust risk if the market moves against Plan A.
4. Activate Plan B if Plan A fails.
5. Don’t let emotions take control.