Aylo

Internet money games.

[Aylo @alpha_pls]

@bittybitbit86 Yeah, I think it was less hate then and more ha ha someone’s been minting infinite ZEC.

This has a bit more cope like anger to it.

[Aylo @alpha_pls]

Seeing a lot of RIP ZEC hate tweets after the first proper pullback following the break out from a 9 year range.

Interesting.

[Aylo @alpha_pls]

@docXBT wtf I said no bearish thoughts doc

[Aylo @alpha_pls]

No bearish thoughts allowed with BTC monthly in a new uptrend.

Yes, we will have daily volatility. There will be PTSD panic sellers throughout this month.

But if bears want to actually make bulls give up their hard earned BTC then they need to do something to this monthly chart, and they probably need a black swan catalyst.

We have bond yields ripping daily and at their highest levels since like your mum and dad were young, and Bitcoin is standing strong in defiance with every macro larp and Peter Schiff staring in disbelief mouth wide open.

Fiat is a scam. Hard scarce money will set you free.

Bullish.

[Aylo @alpha_pls]

@weremainbull1sh the good alts need to come back to daily and weekly trends and then we buy them again.

[Aylo @alpha_pls]

@tulipking Clarity of thought is rare. This is what it looks like. Agree entirely.

[Aylo @alpha_pls]

Gonna sound like a larp if I say I shorted NEAR yesterday so I’ll just say that this was in the charts. NEAR was due a big pullback, and the “exploit” is actually fairly minor, and just the narrative for the price going to where it was always going.

Many such cases.

[Aylo @alpha_pls]

I'm not that bullish short term after the moves alt coins have already had.

I think the flush LIT got is likely to happen to many other alts that got quite stretched, including our leaders, especially as others OI remains very elevated by historical standards.

Don't see many attractive r/r set ups here currently.

[Aylo @alpha_pls]

The good stuff continues to go up and you can hold it knowing that you don’t have to chase garbage to make gains.

Coming of age cycle for crypto.

[lito @litocoen]

this might be my favourite cycle

[Aylo @alpha_pls]

@cryptoklotz I love it. I like to imagine boomers reading it and allocating thinking they’ve found a real gem with ballistic upside potential

[Aylo @alpha_pls]

Study the Standard Chartered research catalyst

[Ethena @ethena]

Standard Chartered has initiated research coverage of Ethena.

They forecast potential USDe growth of ~8x in the next 2 years as the convergence of DeFi and TradFi accelerates.

Unclear why they are so bearish, but worth a read regardless:

[Aylo @alpha_pls]

@fl3ws Yeah man, LIT sold off aggressively and I mentioned it was a short term trading opportunity, which was a good one so far.

I think short term bearish more in the sense that daily/weekly trends need to catch up more. Not bearish like things are done etc

[Aylo @alpha_pls]

I'm not that bullish short term after the moves alt coins have already had.

I think the flush LIT got is likely to happen to many other alts that got quite stretched, including our leaders, especially as others OI remains very elevated by historical standards.

Don't see many attractive r/r set ups here currently.

[Aylo @alpha_pls]

@theprofitwizard not bearish everything, and this is a short term view, but agree a few alts ironically ones you mentioned look like they can go higher

[Aylo @alpha_pls]

Historically it has been a helpful signal, but not looking at that just in isolation. When things get too stretched then EMAs simply need time to catch up, RSI very overheated etc. Not bearish on medium term, just think short term losses of trends will see profit taking etc. Very bullish HTF and on weekly trends.

The strongest coins can still chop their way through it, but that still requires time before eventual new highs.

[Aylo @alpha_pls]

Never been another crypto team that has managed every aspect of their protocol, community and token this well.

Elite execution.

[HYPEconomist @HYPEconomist]

biggest team unlock so far

not hitting the open market

going OTC to an institution

hyperliquid team is unmatched

[Aylo @alpha_pls]

@JanHenkG yeah don't know the ins and outs of it, just more looking at the signal it sends even as a proposal that made it this far.

What's the TLDR?

[Aylo @alpha_pls]

Every week I seem to wake up to some news of a debt ridden government finding a new way to seize assets from its citizens.

Netherlands proposed unrealised tax of 36% is ludicrous.

Bought more ZEC on this dip at around ~$1390.

Sticking with the plan of rolling some trading profits back into ZEC in the early stages of this cycle.

Managed to compound a lot into SOL way before it hit its highs last cycle, ZEC is my denominator this time.

Let's hope it works out in a similar way.

[Aylo @alpha_pls]

Woke up and longed LIT this morning.

Think the headline is irrelevant and it was more of a technical move that was going to happen regardless.

Great run off the bottom and locally topped, and think that ~$3.70s area was a great place to reload.

Don't think it's going to new highs anytime soon, but don't see it going meaningfully lower.

This is a short term trade, and still hold 50% of my spot.

[Aylo @alpha_pls]

It’s not a meme at all. Many scenarios where you have tyrannical governments and as a citizen you need to protect yourself from theft. History has shown this many times.

Different assets have served this purpose throughout history.

Historically we have the conditions where these things start to happen. Bankrupt sovereigns etc.

ZEC is currently type of insurance. It may eventually take on the role of private cash but that is speculation.

I wouldn’t remain in a country with unrealised tax, so I wouldn’t risk jail as I would simply leave. It’s not feasible to live somewhere like that as it’s theft, and would be putting my children at a huge disadvantage in life, and they are my number one priority.

Fwiw just shielding to avoid paying any tax is dumb and that’s not what I’m talking about.