Cat is back 🐈 and talks about his base case yet again

#GMs 🐈☀️

Hope you all doing fine!

I am back from the family vacation 🙏🏼

$ETH in the meantime has not stopped rallying and this is IMO the only "missing ingredient" for more on-chain volume.

First of all: I think we have nailed the macro extremely well on this channel and the even the timing was mostly right too!

For now it is very hard to say when $ETH is gonna go sideways for a bit and also when it does if $BTC takes over again or if we have a few days/maybe weeks of #ALTs action when both $BTC and $ETH go sideways.

It shouldn't matter too much anyways IMO as we are looking at prolonged "sunny" times for the on-chain / #ALTs market.

‼️ To repeat my base case

1) Big rally now until August / September with $BTC hitting anywhere from 150k to 200k and $ETH it is hard to say but anywhere from 5-8k could be in the cards.

2) I think a "regular" correction of 20-40% will follow in September / October and possibly as "last" big shakeout on #ALTs. I am talking mainly about a BTC-pair related shakeout on Alts here and so some Alts may rally from here to September e.g. 2x, then lose 50% again and basically are at the same levels while BTC may be at 150k or something. Just to showcase what I mean.

3) After that and starting from October / November we are in for a bubble type of rally on $BTC and $ETH and as #ALTs have finally bottomed they are now starting to slowly outperform in the beginning and outperform hard in the end. I think this rally will go into Q1 of 2026. Price targets in this bubble type are literally impossible to call but I would say at least 300k $BTC and at least 10k $ETH are possible. Maybe even 2x those. Do NOT underestimate how small crypto is still comparatively and HOW MUCH sidelined money come in from companies and institutions. Also, in a bubble, everybody is in greed mode and as nobody is willing to sell it doesnt even take that much capital to pump the prices.

Just look at what $ETH is doing right now: literally up only as nobody is selling. It didn't take that much money to pump it.

So, this is my base case, it can change any day with new data coming in but I will let you know.

I have talked about the fundamentals a lot, like rate cuts, crazy spending from Trump, Trump itself wanting to pump crypto especially because he personally profits a lot from it as well as USA does from stablecoins buying short term treasuries over BTC and ETH treasury companies FOMOing in the pad their balance sheet.

⛓️‍💥 What about on-chain?

Nothing really is changing for us on-chainers anyways: we play shorter term trades (EVERYTHING is short term IMO, if you really like a project, take profits after 10x and then re-buy lower, don't be stupid) to make profits and rotate those into the long term holds like $TAO as example of a big cap or $PEAS as example for a low cap. I will mostly take profits in the big run up in Q1 and that's all we need to do to literally 10-100x our portfolio 🫱🏼‍🫲🏻

~Cat 🐈

https://x.com/catinvests/status/1947293388908228925

$BTC chart in the tweet

In the meantime...

GMs 🐈☀️

We are back to low volume coming from a "bit less low" volume 😅

I was very wrong so far on expecting volume to come back but it is what it is... it will come back eventually 🫱🏼‍🫲🏻

The silver lining is that after $ETH inevitably will have toppped (I anticipate Q1/2026) we will still have lots of liquidity flowing around.

So for everyday we are "now" missing the volume, we will get it after the $ETH top, just like last time. Everyone still in greed mode, everyone still has lots of money to ape, etc.

Also a quick update on the last Cat Trades 🐈📈 from this Journal:

$INSPI
$HEX
$WLAI
$DVERIFY
$HALO

I expect all of them to still run, once liquidity comes back and I am still holding all of them.

$HEX had a decent run in the mean time already for a 5x but I have bought back and will hold for another leg.

The rest didn't perform yet but all teams still hard at work 🫱🏼‍🫲🏻

We had some very good runners from my Twitter mentions (a bit higher risk) and also from the @OnChainInvestors community.

A 10x even with $ZENT, a few 3-5xs with $SILEN or $NUAI but also a few that didn't perform so hot like $LGPT

The important part is to always have a similar bag size on those trades, so one winner easily makes up for a loss 💡

~Cat 🐈

2 out of 5 waking up?

$HEX and $DVERIFY seems to have woken up..

Wen $HALO, $WLAI and $INSPI?

To be fair $WLAI already made a new ATH a few days ago but it has much more room to go still.

I am a bit more picky what I share in this Journal, even if it is "just" a Cat Trade which is meant for shorter term holding.

I think all of those have good teams and all will moon eventually 🫱🏼‍🫲🏻

~Cat 🐈

ETH to 5-6k in August?

Just a reminder that I do expect $ETH to rally up from here to anywhere from 5k to 6k (hopefully a bit more even). So a "decent" amount above ATH.

Read my base case again here: https://t.me/catinvestsjournal/963

1) "Small" rally now
2) Correction in September/October
3) BIG rally then into Q1

Just a quick reminder to not get bearish basically :)

~Cat 🐈

https://x.com/catinvests/status/1949121644162691093

Update $HALO

Well, it rugged...

Such a shame and I don't even have any idea why they rugged.

Yesterday dev sold everything, then magically came back and bought back 100% and then sold everything again lower, lmeow.

They had support from very good KOLs and I can only imagine they had some issues with the tech or something...

It made a 2x, and hope some have de-risked (I unfortunately didn't and wanted to at a 3x as it had big big potential).

It is what it is and IMO in better markets it would have run first and maybe even wouldnt have rugged at all.

If you have been part of the @OnChainInvestors community I urged to buy $ELYSYN below 150k MCAP and this is from there a 4x already and should easily make up for it. Called a bit higher here in the TG but also already a 2x. Take initials between 2-3x please!

💡Always use same bag size and one win makes up for a lot of losses already and you literally CANNOT lose if you stay disciplined

~Cat 🐈

Update $DVERIFY

Good things sometimes take patience, especially in low volume markets.

The dev is working non-stop and there was recently a very good change in direction which finally enabled $DVERIFY to catch on 🫱🏼‍🫲🏻

This is always why we bet predominently on good teams, because they can make necessary changes and make it work in the end.

~Cat 🐈

On the question "is this safe?"

... and a few thoughts regarding R/R, risk management, larps, etc 🫱🏼‍🫲🏻

IMO we have to differentiate between two things:

1) making money
2) supporting projects that we like

We are here to make money and should act accordingly!

If we like a project, we can also support it without having a bag :)

This place chews you up if you don't follow a few simple (yet very hard) rules.

Take a read on the attached messages I sent in the @OnChainInvestors community.

~Cat 🐈

Cat Trade 🐈📈

I have bought $VEIL - Veil Protocol

— — — 🐈 Personal Thoughts — — —

I have shared $VEIL in the @OnChainInvestors community already right after launch but I think you are on luck because it didn’t move much (yet).

The team has planned and built this up for a long time already before launch and there is lots coming 👀

The owner himself also considers doxxing but it’s not set in stone yet. As far as I know he is doxxed to a few people in private already and this minimizes any risk already.

The fact that they are aiming to acquire a $TAO subnet (and have the means to do so) should tell you everything you need to know 🫱🏼‍🫲🏻

Make sure to read their Twitter, it is doing a good job of getting you introduced in small bits to $VEIL.

— — — 💡 Project Description — — —

Veil Protocol provides a decentralized AI infrastructure built on a custom TAO subnet on the Bittensor network, empowering users through secure, private, and user-controlled AI solutions.

Central to its innovation are sophisticated AI agents (including customized chatbots, multimedia content generation, autonomous task agents, and personalized AI avatars), each configurable to user-defined privacy settings.

The protocol operates via Tennet™, a decentralized AI application initially developed for iOS and browser, with an Android version planned.

Treasury inflows from app usage are swapped to $VEIL which links token value directly to network demand and allows staking rewards to not be generated by token inflation.

— — — ℹ️ Project Info and Socials — — —

CA: 0x1f670f86D3346ce3655F3Ee588597b83e4bC5F94
Dexscreener: https://dexscreener.com/ethereum/0x6255f3c706047dfa1364e9a881297f98bd1cb69c

Website: https://veilprotocol.net
Telegram: https://t.me/VeilProtocol
Twitter: https://x.com/VeilProtocolAI

Documents: https://veil-protocol.gitbook.io/veil-protocol-white-paper

— — — ⚠️ Risk Management — — —

As this is a trade for me I am conservative with my investment and take profits sooner rather than later as part of my risk management.

I am buying a reasonable sized bag according to my risk management and hope to DCA down to increase my bag size while lowering my buy-in price.

— — — ☝🏼 Remarks — — —

My mission is to find trades with an amazing R/R while avoiding hard rugs.

Each project I post I am always invested in with my own money; whether or not I have been given a payment to support.

This is not financial advice, I am just sharing my trade approach.

~Cat 🐈

💡 Keep on sharing the post as the more we are, the bigger the difference we can make together for projects that deserve attention.

https://x.com/catinvests/status/1950626603408777709

https://x.com/catinvests/status/1950901573296550399

~Cat 🐈

Update $ELYSYN

The team made a lot of progress and the chart made a lot of progress 🫱🏼‍🫲🏻

Since the call the team has released their Volume Market Booster and it works: https://x.com/elysynaieth/status/1950542130029494540

The Booster has now close to 100 users which is actually amazing adoption!

Volume is needed, always, but especially right now.

This could be an adoption monster!

~Cat 🐈

$ETH base case chart...

#GMs 🐈☀️

Markets actually good (despite the pull-back) and ALTs actually shit (despite the earlier pumpage)...

Is what it is, we are used to suffering...

Please read my tweet and see attached what I expect from $ETH this year/cycle.

This is just a reminder because I know sentiment is very bad again after this pullback!

Don't lose the forest for the trees...

https://x.com/catinvests/status/1951617691883585648

~Cat 🐈

GMs 🐈☀️ a and quick macro update

I have been a bit less active the past days but back to it again now!

I think we are still EXTREMELY BULLISH on the macro.

I could see us have another dip to 110k but latest then we resume with the up-only.

I still think it is plausible to have a September/October shake out where #ALTs will finally bottom out against $BTC.

This would also mean #BTC.D finally beginning a sustained downtrend. I believe #BTC.D has topped though already pretty much.

This will also mean that soon $ETH is gonna break 4k and I think 5k+ will be doable in August/September before the anticipated shakeout.

Whether this finally rings in some volume for $ETH on-chain I don't know but it certainly can't get worse....

Let's stay strong 🫱🏼‍🫲🏻

Every day you put in the work in this industry will pay off eventually when the time is right.

~Cat 🐈

$ETH hit 4k 🥂

Here is again the chart in hopefully a better resolution of what I expect.

Pump until September.
Dump in September/October.
Pump until Q1/2026.

Still very low on-chain volume but 4k $ETH and above for a few days and weeks could maybe bring back some volume finally...

Just don't get bearish for the next 3-6 months no matter the short term price action 🫱🏼‍🫲🏻

~Cat 🐈

More action in the community!

This Journal is currently a bit more silent as macro wise everything is covered and the path should be very clear and no need to update anything as long as we are up only.

We should be up only at least into the end of August, potentially going into mid September.

On-Chain still very low volume so I don't call anything really right now in here as everything is much higher risk as even bigger and connected teams facing problems.

However, Crypto never sleeps and there are ALWAYS opportunites...

Those opportunities are still being shared in the @OnChainInvestors community, so join in and don't miss out.

The last good mentions there were $GOF which did already good work and will probably go a lot higher and also $FRAME for example.

~Cat 🐈

It all just takes some time and some believing 🐈

Sorry, for not being active too much. A combination of lots of IRL events and working more behind the scenes currently.

Anyways, the macro playing out perfectly as predicted and the candles today are just glorious 🫱🏼‍🫲🏻

Take a look again the the "Roadmap" from the message above which I replied to.

All will play out in due time ⏳

I am also almost "certain" the super cycle will play out -- it just makes fundamental sense but we will talk about it more after Q1/2026 has arrived.

On-chain still very, very slow but some bigger projects are moving while the low MCAP projects are still bleeding.

🙏🏼 Our next "hope" is actually RIGHT NOW.

The Pullback has happened and #ALTs so far have kept up beautifully and I could imagine a few weeks into mid September to have finally some short-lived #ALTs action... but we will see if that actually plays out.

I will also probably start to give some Spot, Futures and Investment "Calls" as I am doing them myself anyways in those dry times and maybe it will help a few of you to make money or to learn something 🐈

So, lets cross our fingers for 2-3 weeks of good on-chain volume at least to make some money and rotate this to bigger stuff to compound heavy 🫱🏼‍🫲🏻

~Cat 🐈