Looking for a flush now to get back into some fresh longs, gonna place this one for now & update if/when it gets filled.
BTC Long
Entry: $75,600-$74,000
SL: $73,000
BTC Long
Entry: $75,600-$74,000
SL: $73,000
❤5👍3
Farzad
Bought some $HOOD at $107 for a Stocks x Crypto tradfi play. Gonna hold this for awhile.
HOOD trade up +4% here, like I said I’m gonna hold this longer term but if you aped and/or are up good I’d take off some 🤝
👀5❤3
Small down tick on ETF flows but still steady inflows good to see strength wise. We got a very shallow dip, didn’t get to my bids from other day but now back at $80K+ so it’s nice to see either way.
Keeping eyes on HYPE & SOL showing really good strength.
Also this voting open for SOL that could benefit it:
https://x.com/gumsays/status/2092755970795463076?s=46
Keeping eyes on HYPE & SOL showing really good strength.
Also this voting open for SOL that could benefit it:
https://x.com/gumsays/status/2092755970795463076?s=46
❤3
Gm, be very careful trading this morning as our new fed chair Kevin Warsh has his first Jackson hole speech @ 10AM EST, should bring in some volatility.
❤6🔥3
Weekly Market Recap 8/30 📊
We got some good consolidation since the original run up last Friday (21st) which is nice to see usually after a run up and not having the entire move retrace back down. The recent move reminds me more of October 2023 than January 2023 . Monthly close going to be good tomorrow and anything under $73K would be worrisome.
Keeping an eye on the relative strength of HYPE + ZEC and also UNI + HOOD as possible Robinhood chain exposure without directly playing onchain.
📱 t.me/Leverage
We got some good consolidation since the original run up last Friday (21st) which is nice to see usually after a run up and not having the entire move retrace back down. The recent move reminds me more of October 2023 than January 2023 . Monthly close going to be good tomorrow and anything under $73K would be worrisome.
Keeping an eye on the relative strength of HYPE + ZEC and also UNI + HOOD as possible Robinhood chain exposure without directly playing onchain.
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❤6👍3
STRATEGY BOUGHT 4,603 BTC ($369.7M) AT AN AVERAGE PRICE OF $80,318 (last week)
👀7
Good hype news overall but entry in US = kyc in US so bad in that regard but as long as its not KYC all users I don’t think it would dump.
“What This Means for US Traders
No Anonymous Wallet Trading: You will not be able to simply connect a MetaMask/Rabby wallet without an identity check.
Restricted Token Menu: Bitnomial will only list CFTC-approved perpetuals, likely starting with major liquid pairs rather than the full suite of speculative altcoins available on offshore Hyperliquid.”
“What This Means for US Traders
No Anonymous Wallet Trading: You will not be able to simply connect a MetaMask/Rabby wallet without an identity check.
Restricted Token Menu: Bitnomial will only list CFTC-approved perpetuals, likely starting with major liquid pairs rather than the full suite of speculative altcoins available on offshore Hyperliquid.”
GOLD dragging down BTC super hard today, also doesn’t help with equities being red. I still have these BTC bids up.
https://t.me/leverage/340
https://t.me/leverage/340
Farzad
HOOD trade up +4% here, like I said I’m gonna hold this longer term but if you aped and/or are up good I’d take off some 🤝
Basically BE on this at the moment but very confident in holding it. Robinhood chain blowing up. First $3m revenue day for the chain. All the mania hasn’t really correlated with the stock price but I feel comfy holding it.
👍5❤2
Farzad
Looking for a flush now to get back into some fresh longs, gonna place this one for now & update if/when it gets filled. BTC Long Entry: $75,600-$74,000 SL: $73,000
Our bids front ran by ~$500 again😭
Crazy strong candle this morning
Crazy strong candle this morning
❤4
Most likely Saylor also clipping in big today bc there’s a $100 Coinbase premium
Ofc everything moves the day/weekend I’m traveling but will try to keep some updates going.
Recommend keeping an eye on ENA as ETH beta.
https://x.com/altcoinpsycho/status/2095544151349645688?s=46
Recommend keeping an eye on ENA as ETH beta.
https://x.com/altcoinpsycho/status/2095544151349645688?s=46
X (formerly Twitter)
AP (@AltcoinPsycho) on X
Ethena's SEC filing has free alpha. TLDR: $235M in potential buybacks may come that aren't priced in
Ethena's Nasdaq DAT ($USDE) is ~$8/share
At $11.50/share, it earns $170M in new cash from war…
Ethena's Nasdaq DAT ($USDE) is ~$8/share
At $11.50/share, it earns $170M in new cash from war…
❤2
*COINBASE FILES NOTICE REGISTRATION DOCUMENTS WITH SEC TO OFFER EQUITY PERPETUALS IN THE US
❤1
Catching up on a bunch of info from this morning, looks like the chance of no rate hikes seem to be a main driver of the BTC move today and with odds coming down, it is better for market and crypto overall, gold as well. Might not be a rate hike in september after all. Odds are in favor for rates staying the same whereas it was higher just yesterday so we take that. $82-83K gonna be a hard spot to break but once we flip that and MA50 on the weekly things can get crazy again.
❤4