트라웃

Degen

[Arcium ☂️ @Arcium]

Arcium × @BinanceWallet Booster Campaign is live.

Eligibility: Binance Wallet MPC Wallets with at least 2 Alpha Points.
Rewards: 1,500,000 ARX for 50,000 Winners

To join, go to Binance Wallet App - Discover - Booster - Arcium Booster Campaign.

[Simon Dedic @sjdedic]

My thoughts on yesterday’s crypto crash:

TLDR: We’ll be fine. We always are.

I’ve been in this industry for 9 years now, and I’d say I’ve really seen it all. The COVID crash, the $LUNA meltdown, the FTX collapse, you name it.

But what we witnessed yesterday felt very different from most things I’ve experienced before. While many coins look completely wrecked on the charts, it didn’t feel as dramatic to me as some of the true black swan events we’ve seen in the past.

Don’t get me wrong, I’m not trying to downplay it. Yesterday was the largest liquidation event in crypto history, and my heart genuinely goes out to everyone - friends, colleagues, and beyond - who suffered massive losses that will take a long time to recover from. I wish this on no one.

However, while we still don’t fully understand what happened, the big difference this time is that there doesn’t seem to be a fundamental reason for such an extreme crash. Sure, Trump’s tariff threats against China might have started the dump, but that alone surely doesn’t justify -99% crashes across major caps.

It really feels like something went seriously wrong behind the scenes at Binance or a major market maker, triggering a one-of-a-kind liquidation cascade that wiped out liquidity across the board and sent some assets literally to zero.

As much as I criticize Binance at times, they’ve always had the most robust trading infrastructure in the industry. So seeing price action like this even happen on their platform felt very strange, and even stranger was the fact that Binance literally stopped working for 10–20 minutes when I tried to buy those -90% dips.

That suspicion grew even stronger when I switched to DEXs to buy. Prices there for assets like $PUMP or $JTO were around 25% higher than on Binance. Tokens like $CARDS, which aren’t listed on major exchanges, were affected significantly less. Normally, during fundamental market crashes, it’s exactly the other way around.

Rumors are already flying, and I’m sure we’ll get more clarity in the next few days. But from what I can judge and from almost a decade of living and breathing this industry: my gut says this was a massive technical issue, not a fundamental one.

And that, to me, is bullish.

For context, the COVID crash and FTX collapse hit me hard. Back then, I genuinely thought it might be over. I remember feeling anxious for days, even weeks, questioning my entire future in this space.

This time felt completely different. I bought immediately, and after reflecting for about 10 hours, I want to buy even more.

I know many of you are going through a tough time right now, and I’m deeply sorry for your losses. Nobody could have predicted this and trust me, even the biggest OGs and professionals in this space got hit badly.

But nothing fundamental has changed about this industry. The only question you should ask yourself right now is:

“How much do I truly believe in crypto long term?”

If you doubt that crypto as a whole can survive or thrive long term, I understand why you might be too afraid to buy right now. But in that case, you probably weren’t here for the right reasons to begin with.

As for me, I have zero doubt. This industry isn’t just here to stay, it’s on track to 10x from here and beyond. It’s only a matter of time.

So why would I panic over a technical glitch that caused prices to drop -99%? Of course, it’s painful, but rationally speaking, this might be one of the greatest opportunities you’ll ever get in your lifetime.

Don’t bury your head in the sand, not after everything we’ve survived over the past years. Events like this separate the wheat from the chaff, the winners from the losers.

If it’s even remotely possible for you right now, just survive. That’s all you need to do.

I promise you, you won’t regret it.

[𝗰𝘆𝗰𝗹𝗼𝗽 @nobrainflip]

I’m selling ALL my crypto in Nov-Dec 2025!

Everyone tells you when to buy
No one teaches when & how to take profit

Last cycle I turned $1k into $130k → then back to $8k

Now I’m at $5M+ thanks to one thing: mastering exits

🧵: My playbook for this cycle 👇

[Haotian | CryptoInsight @tmel0211]

眼下各种AI Agent层出不穷，妥妥的“乱花迷人眼”，作为普通人入局这个充满机会和陷阱的新赛道，该如何选择呢？ 以下分享下个人链上投资分仓逻辑：

1） 看到很多人几乎清仓了所有CEX得主流币，All in进了AI Agent链上赛道，虽然这是对新趋势的信心和肯定，但并不可取。

因为纯AI MEME阶段，链上AI 叙事赛道还能因一部分主流人群的“偏见”而存在信息差，到了现在AI infra阶段，“信息差”被严重摊薄，一大批极客主义开发者build，不少懂技术的研究员，甚至很多VC 机构都把注意力锁定在了AI Agent新叙事上。

这意味着，无脑投，跟着趋势躺赢的红利期已经不存在了。链上投资的风险和机遇至少并存，All in AI叙事的风险指数会很大，大到甚至超过乱纪元阶段结束，恒纪元的初期再入场。正确的做法是，逐步向链上转移仓位，切忌莽撞Show hand；

2）链上仓位布局建议5 +4 +1的布局：

大仓位选择像 #ai16z 、 #ZEREBRO 、 $AIXBT 、 $GOAT 、#VIrtual 等共识已经跑出来的创世领头羊项目，就像DeFi Summer把重注下在MKR、COMP、UNI、LINK等上一样。

这样做虽然短期会失去其他小币种乱飞的短期机会成本，但拉长周期看一定是能留在牌桌上的保险策略（求稳健）；

中仓位选择像 $arc 、 $REI 、 $Focai 、 $ELIZA 、 $Swarms 、 $SPORE 、 $SNAI 、 $ALCH 、 $NEUR 等还处于大乱斗阶段的技术框架标准和创新模式板块。

若要再细分的话 大框架标准 > 创新Agent 应用 >单体AI >垂直平台类服务。核心逻辑是，框架标准的天花板一定最高，单体AI会受限于想象空间，创新应用则存在不少不确定性等等（谋增长）。

小仓位再去冲各类横飞的CA小项目，都是乍一看品相还不错，根本来不及研究就有较大市场波动的项目，比如 $MetaV 、 $stoic 、 $SYMX 、 $TAOCAT 、 $ZAILGO 、 $POLY 等。前期类似的项目会有很多，但其中混杂的李鬼也相应最多。

关键是，这类项目冲上头很容易像撒胡椒面一样分散核心筹码，表面上看似抓住了很多机会，实际上整个投资组合一盘散沙，结果最后一算账还亏钱的处境（抓博弈）。

3）在以理性的分仓布局逻辑定好主基调之后，有若干人性的弱点成为挑战，势必得引起注意：

1、频繁换仓，短期看着创新小币种，把核心主仓位卖掉Fomo进场，这是AI Agent早期市场乱的最典型特征，捡了芝麻丢了西瓜。

2、追高加仓，一轮大趋势真正形成，不可能一次完成所有拉升，短期长时间的盘整期不可避免，如果看到某个币种逆势独涨，一定不要上头Fomo、从最早的ai16z到最近热门的Swarms，中间都有长时间的震荡上车期，不用担心没机会上车；

3、不懂减仓，大仓位的币种短期疯涨之后一定会伴随回调震荡，中仓位的币种会通过持续的大幅度震荡换筹来构建共识，小仓位的币种更是如此，如果不懂得减仓很可能最终空欢喜一场；

4、不懂割肉，AI Agent资产发行的叙事本质上来源于资产发行的低成本，一个基本面崩塌的项目根本不值得留恋和等待（沉没成本），因为背后的Build很可能早已另起炉灶了；

5、保持投研，个人大仓位的币种一定要建立在足够的投研基础上，只有这样才不会被甩下车；个人中仓位的币种得理清楚波动增长逻辑，可以搞不清楚背后的技术框架逻辑，但筹码结构、市场情绪等背后的门道一定得搞清；个人小仓位大部分都来不及研究，看技术品相、凭信息差和嗅觉等等敏锐度做决策。

总之，根据仓位配备的不同分配投研精力，以求在不确定的大环境中谋得更大确定性。

以上。

注：以上文章中例举的Ticker仅做参考，不做投资建议，DYOR！

Note：大家觉得文章有用烦请“一键三连”支持为谢，认可我持续干货内容输的朋友，可以Follow一下，也可访问我推特首页点击Substack专栏订阅一下（目前还免费），更多深度专业的投研和分析内容，尤其是不适宜在推特公开分享的内容，会在那里看到。

[CryptoAmsterdam @damskotrades]

Exit Strategy

The balance between 'letting winners ride' and 'not roundtripping to zero' is thin.

95% either sell everything too early or hold back to zero.

Hardly any talk about this, so let’s dive in: 👇🧵

1. Mindset

1.1 Acceptance and understand the goal
Accept you won’t sell everything at the top—it’s not the goal.

95% of the people try this, and 99% sell too early or hold to zero.

Set a new goal: sell higher than you bought and leave with more money than you started.

1.2 Don't compare yourself
Seeing others make millions doesn’t mean you’ve failed if you don't hit that while managing a 4-digit portfolio.

$10k is a lot.
$100k is a lot.
$1m is a lot.

It’s all relative.

Chasing Twitter exceptions will make you roundtrip. Don’t aim for their numbers—focus on growing what you have.

1.3 Longer term view
Stop aiming to get rich and retire this cycle. Most will feel it’s not enough at the end, even with multiples of what they started with.

This mindset leads to roundtripping. Think long-term.

Each cycle teaches you many lessons, and if you can manage to also end up with a big cash increase into the next bear market, you can compound gains and knowledge in the next cycle.

Many underestimate it how powerful it is to have a lot of cash into the next big downtrend.

Don’t aim to make it this cycle—aim for the next or the one after.

A few might get lucky with big wins, but most roundtrip 5-7 figures chasing more.

2. Have a plan
Don’t plan with the euphoric you during parabolic moves and falling dominance.

Plan with the current you:
> How will I scale out?
> Where (target zones) will I sell more?
> What do I not want to see in the markets?
> What do I do when I do see it?
> What if a position moves early but super hard?

3. Selling habit and gradually over time
Selling during strong price moves is hard—you’ll feel like it will keep going and you’ll miss out.

Start now by selling small batches to build a habit and become more robotic.

Set a slow pace (e.g., sell 0.5%-1% every two weeks) and create rules for when to increase limits.

Focus on building the habit first—your portfolio will still grow. Later, shift to larger selling volumes as needed.

You have to have a plan with certain metrics and things you want to see to understand where to increase the selling.

Aim to capture the bulk of the move gradually, not by selling everything at the top.

4. Change your life
If a position outperforms the market and prints beyond expectations, forget your targets—secure the money.

Sell half or more, cash out, and change your life.

5. Lock it truly in.
If you sell but leave the cash or Bitcoin on the exchange, and euphoria kicks in later. Still overconfident from your last win, you’re back in—chasing the next 100x your favorite influencer found.

Cash-out or move it to a hardware wallet. Make it harder to access and keep it safe.

6. Stop rotating
You put $1,000 into a token; it’s now $5,000, and you sold. Great! Do it again, and it’s $50,000. You’re sitting on $50k, thinking, “One more time, and I’ll make life-changing money.”

Your money goes into the next “cancer-curing” altcoin. It dips, but in a bull market, dips get bought up, right? This time it dips deeper and doesn’t bounce. You hold, telling yourself, “diamond hands.”

It’s now worth $20k. You feel terrible but keep holding. The market nukes again, and you’re now a community member. A year later, it’s worth $750—you’ve roundtripped everything.

Stop rotating endlessly. Secure money and sell to cash out, not to chase the next plan. The longer the uptrend lasts, the more euphoric and irrational you’ll get. Protect your gains—take them out.

7. Example plan (rough draft for inspiration)

*Make your own plan*

A) I’ll start selling a mini amount daily/weekly to build the habit and starting today.

B) Once the Total Altcoin or 'Others' chart shows 1-2+ weekly candles in price discovery, I’ll slowly increase these amounts. (and will again increase after x)

C) If a play outperforms my portfolio or gives me life-changing money, I’ll take it out—no matter where we are in the cycle.

D) If we hit a key zone (BTC, Total Altcoin, or your preferred chart), I’ll increase my daily/weekly selling volume again.

E) Certain price action or indicator, whatever you like: If we see a blow-off top, a blow-off candle, or a bearish market structure break, I’ll sell X% or increase my selling volume.

F) Come up with things yourself 😄

Making it is simple, but keeping it isn't easy.

Have you heard about the gambler who walked away with $1M and never returned? Me neither.

Most will make it, but very few will still be good in the next bear.

This market is gambling on attention; attention will fade away.

99.9% of the tokens will trade lower again in the future.

Secure profits.

[Axel Bitblaze 🪓 @Axel_bitblaze69]

After breaking $4K, $ETH is seeing a much-needed pullback.

What’s next?

After closely studying the market, here’s my take on Altcoins:

- What’s coming next
- And how you can plan your moves to make the most of this cycle

A Thread:🧵👇

[Avail @AvailProject]

Unified ecosystem, unified experiences. Powered by Avail.

[Avail @AvailProject]

With the Avail DA mainnet approaching, it's about time we gave you a refresher on its core features. They make us different from other DA layers.

A deep-dive into
1. Validity proofs
2. Erasure coding
3. Light clients
4. Data availability sampling
5. Expandable blockspace

(1/6)

[Avail @AvailProject]

Avail gives you interoperability with all other blockchains, no matter where you choose to build. OP Stack, Ethereum, Polygon CDK, you name it.

With the foundation of a common DA layer built for security and scale (Avail DA), interoperability between chains is drastically simplified.

Why?
They share a common trust zone. DA provides transaction ordering, and then execution proofs verify state transitions.

How?
Combining both transaction ordering and execution proofs is the key.

Nexus doesn’t enforce integration requirements on developers - you can build wherever and Nexus just works.

[Avail @AvailProject]

Hear us out, if you’re building an L2 on Bitcoin, you should use Avail. Here’s why:

BTC L2s can move 99% faster when leveraging Avail DA as an intermediate fast DA layer before posting to Bitcoin for DA.

Avail DA has 20 sec blocks and takes around 2 blocks to reach finality providing DA guarantees to L2s in ~40 seconds.

Bitcoin has 10min blocks and reaches finality every 6 blocks providing finality in ~1 hour.

Your BTC L2 can post transactions to Avail DA every 20 seconds and receive interim finality in 40 seconds. Transactions can then be posted to BTC for DA every 10 min and finalize in ~1 hour.

[Avail @AvailProject]

It's time for the final few steps for Avail DA's mainnet!

So far, thousands of chains have been deployed and more than 100 million transactions have been processed on the testnet. We just have a few more things to do before we launch our mainnet.

1. Light Client Challenge to test the core part of Avail DA's infrastructure.

2. Deploying the final testnet that will run in parallel with the mainnet indefinitely for testing.

3. Tooling/Infra Optimization including bridging UI and extending hardware wallet support amongst other enhancements.

4. Getting production ready by fine-tuning incident management and critical response processes so that we can respond to any emergencies.

5. Close Clash of Nodes incentivized testnet. Information about rewards for participants is coming soon.

6. We’ll gradually increase our validator count as we establish the strongest and most decentralized security layer in the modular ecosystem.

7. Rollup Stack Integrations so that developers can build on whichever stack they like.

8. We have a lot of exciting launch partners and are working towards on-boarding more every day before the final release of mainnet!

Of course, there are also some exciting steps we’ll be taking along the way to incentivize and reward our community for their participation

Read a detailed version of Road to Mainnet here - https://t.co/d08KfyD103

[CC2 @CC2Ventures]

Due to popular demand, here's my updated, comprehensive Airdrop Guide on the zk-Rollup Vitalik himself strongly supports:

@Scroll_ZKP 📜

Introducing: 'The Road to Decentralization'

🧵⬇️

[Miles Deutscher @milesdeutscher]

GCR is one of the greatest traders the crypto space has ever seen.

Although he's no longer active on X, he has left behind a trail of alpha.

I spent 2 hours on the weekend reading & collating it.

🧵: Here's a compilation of the top 15 GCR alpha tweets.👇

[Leonardo (PM maxi)🥑 @Leonardo_Web3]

🪂 Golden Age of Airdrop timelines in 2024:

➳ ZKsync Q2
➳ Linea Q3
➳ Scroll Q3-Q4
➳ L0 Q2
➳ Parcl Q2
➳ Hyperlane Q4
➳ Ekubo Q3
➳ Zora Q3-Q4
➳ Ambient Q3-Q4
➳ Nostra Q3
➳ Milkyway Q2
➳ Debank Q3
➳ Jumper Q2-Q3
➳ Aptos #2 Q2

What did I miss? Reply in comments 👇

[Light @LightDotSo]

https://t.co/56qJDjgQX3

[트라웃 @27trout27]

@SaxxyNora @sax_trade I have now quote-retweeted it.

[트라웃 @27trout27]

I want to get #saxxed.
@SaxxyNora

hook me up 🎷

[SAX Trade (🎷^🎷) @PulseTradingXYZ]

Alright it's about the saxxy time 🎷

Send 0 ETH to
0xc83993cB34FdC73cf55904464fdf0cA29B7f32D0 (which is also saxtrade.eth) on Blast, then quote-retweet this tweet with text:

"I want to get #saxxed. [your transaction hash]"

24 hours only

[SAX Trade (🎷^🎷) @PulseTradingXYZ]

Alright it's about the saxxy time 🎷

Send 0 ETH to
0xc83993cB34FdC73cf55904464fdf0cA29B7f32D0 (which is also saxtrade.eth) on Blast, then quote-retweet this tweet with text:

"I want to get #saxxed. [your transaction hash]"

24 hours only