Introducing Lecryp Capital, a private digital asset fund.
This account will serve as our public journal: tracking strategy, documenting market views, and building a transparent record of how we operate.
Currently closed to outside capital.
More to come.
the fund will build a directional position for upside from the 75-77k area for BTC.
after thorough analysis, on-chain indicators point towards a reverse in that zone, and lets us position ourselves for the upcoming months.
the NYSE owner just picked hyperliquid. ICE and @tradexyz plan regulated US perps on it, HYPE +14% in 24h
meanwhile one wallet had $4.4M long HYPE from ~$80 since mid october. didn't need the headline
wallet of the week: @lecrypcapital
the fund will build a directional position for upside from the 75-77k area for BTC.
after thorough analysis, on-chain indicators point towards a reverse in that zone, and lets us position ourselves for the upcoming months.
the suggested market view gives a good outlook on markets
- we are starting to hedge our short positions with a dollar-cost-average spot BTC position
- this way we will slowly become directionally neutral while still earning on the funding rate arbitrage
https://t.co/X2JCC7yDOj
first time posting in a while:
- think $BTC is in its bottoming formation.
- bear market bottoms are slow, boring and continuous markets
- we are overdue for a flush out event, e.g. market crash marking the bottom
- thoughts are if you are looking to get into crypto long-term, start DCAing
- have capital ready to buy that flush event, it may happen or not, be prepared.
- no leverage
important to notice:
- $BTC upside implied volatility is leaning towards all-time lows, meaning nobody is paying for any upside at all
- a meaningful event could mark a turning point, where the unpopular side of the trade suddenly becomes very attractive in a fast repricing, as traders rush to jump on the train
conclusion:
- markets are very bored, thin liquidity, no attention
- due for a flush out event where capital preservation is important
- options data suggests a meaningful turning event could start making price trend upwards fast and violently
- plan long-term, have a goal/idea, stick to it, no flip-flopping