SpaceMonkey 太空猴

Like a monkey ready to be shot into space. Revenge Trader since 2016. 50 IQ.

UNMATCHED ACCURACY

[SpaceMonkey 太空猴 @Space_Monkey777]

Unfortunately very bearish

[Bb @bitbitcrypto]

The president of the united states of America is shilling hype

[John Brown @john_j_brown]

Crypto was born out of opportunity. Bitcoin was born out of necessity.

[SpaceMonkey 太空猴 @Space_Monkey777]

Did have a decent rally towards 80k but failed, don’t think this holds anymore. No idea where we go from here but lows are to buy.

We’re on our own soldiers.

[SpaceMonkey 太空猴 @Space_Monkey777]

We're back & early.

Hope you found a way to stick around, 100k sooner than later.

[SpaceMonkey 太空猴 @Space_Monkey777]

Not necessarily cause turn betting range should be very polar for 3bettor, almost no 2x should be betting especially at that size (not that he has many anyway as 3bettor) cause of the KK heavy range of IP player. So river checking range is very polar as well w traps and air. Close tho.

[SpaceMonkey 太空猴 @Space_Monkey777]

We're back & early.

Hope you found a way to stick around, 100k sooner than later.

[Mike McDonald @MikeMcDonald89]

TVL on these protocols should be much lower, yields much higher. Maybe a wave of defi hacks will bring about more measured risk management and allow a more attractive version of yield farming

[SpaceMonkey 太空猴 @Space_Monkey777]

@quant_xbt mid-freq referring to what avg duration of trades?

[SpaceMonkey 太空猴 @Space_Monkey777]

@padspoker Player and table dependant, mostly fold in gto but can flick in a 20% freq 3b to like 4.5bb

[SpaceMonkey 太空猴 @Space_Monkey777]

Last time stablecoins were being printed at this rate we had the post Trump rally

Short legs not so worth currently imo

[SpaceMonkey 太空猴 @Space_Monkey777]

gm

[SpaceMonkey 太空猴 @Space_Monkey777]

@padspoker Jamming vs polar range obv out of question, same for folding. Minraising only makes sense if he is actually not as polar as he should be with that size which is likely not to be the case.

Just call.

If you run the sim actually top two loves going overbet in these textures.

[SpaceMonkey 太空猴 @Space_Monkey777]

The only project worth looking at currently outside BTC.

HIP-3 is huge.

[Hyperliquid @HyperliquidX]

The Hyperliquid protocol will support builder-deployed perps (HIP-3), a key milestone toward fully decentralizing the perp listing process.

An MVP of this feature is live on testnet. Feedback is appreciated during this testing phase. Note that numbers and specifications below are not finalized. Builder-deployed perps share many features with HyperCore spot deployments:
1. Deployments allocate new performant onchain orderbooks on HyperCore.
2. Deployment gas is paid through a Dutch auction every 31 hours. A difference is that HYPE is the gas token used for perp deployments.
3. Deployers can set a fee share of up to 50%. A difference is that the deployer can configure additional fees on top of the base fee rate. Fee share applies to the total configured fee.
4. Deployments are fully permissionless.

The deployer of a perp market is also responsible for
1. Market definition, including the oracle definition and contract specifications
2. Market operation, including setting oracle prices, leverage limits, and settling the market if needed

To ensure high quality markets and protect users, deployers must maintain 1M staked HYPE. In the event of malicious market operation, validators have the authority to slash the deployer’s stake by conducting a stake-weighted vote during the deployer’s 7-day unstaking queue. In addition, perp deployment composes with HyperCore multisig to support protocolized market deployment and operation. Technical details will be released shortly in the API docs and Python SDK.

Note that the frontends at https://t.co/C4YcD4XhTA and https://t.co/9UhfFy0LZG will not display builder-deployed perps initially, and will not feature a UI for perp deployment. Alternative interfaces may be built by the community. This will encourage specialization and further decentralization of the interfaces to access the Hyperliquid protocol.

[SpaceMonkey 太空猴 @Space_Monkey777]

gm

[SpaceMonkey 太空猴 @Space_Monkey777]

Think there's a fairly high chance cycle is over. Like 66%

Lowest variance bet to express that is long btc/(eth+alts_basket) though

[Molly @bigmagicdao]

For anyone who wants to keep winning

The key is to identify the main fresh liquidity, study its characters and appetite, and what they can access.

In this ever-changing market, narrative shift fast, one thing always stay the same . Every bull starts with fresh wave of liquidity entering attracted by Bitcoin. Each time , quite bit of those newcomers share the same mindset :

“ Bitcoin is too expensive”
“ I am years late”
…

And this mindset inevitably pushes them to find the next Bitcoin, so the key is to find the Bitcoin betas for the main group of this fresh liquidity comes in.

Each cycle brings a mix of newcomers, but only the main group matters . As they are the ones that moves the makers, set trends , and carried narrative . Rest is just noises

look back, you will see it more clearly.

Before 2016
Main liquidity are cr anarchist,ideological purists ,nerds... keen on liberalism, censorship resistance …

Main narratives were :
- Bitcoin forks & “better Bitcoin” coins
- privacy coins
- mining-centric coins
- tech & ideology driven coins

After 2016
A new wave of Chinese web2 people, tech oriented builder, and retail with fewer western VC and global retail. The main group are more familiar with web2 Internet platform , product..
So naturally
- Etherum getting stronger
- More smart contract chain emerged
- Blockchain beyond money , everyone either build or ape into better version’ of every Web2 products
- ICOs booming

After ICO bust
China Banned, west take the lead. More western VCs, builders , retails .And the narratives this cycle again, matched perfectly with this new waves of character

- DeFi, and everything around it. Appealing to those western big & small “smart money” who’s familiar with financial engineering and market .
- NFT : as global retails and social media native normies flood led in, focus shifted to digital culture, collectible ect

2024 and beyond
Unlike the previous cycle more of retail driven.This time are institutions.

They mentality no different that retails , some of them also will chasing for their own Bitcoin Betas . But actions limited by :
- strict regulation
- compliance and audit framework
- custody requirement ect

They can only allocate where permitted, so liquidity flows to Bitcoin ETFs over spot.

And the potential Bitcoin Betas they access to are :
- altcoin ETF (❌ weak inflow, eg ETH)
- listed crypto companies (❌ weak )
- Bitcoin Strategy Stocks (✅ up higher when Bitcoin up. )

The market has already shown you the answer .

We’ve all seen $MSTR performing strongly and becomes the benchmark for it, and the best-performing stocks globally is a pure Bitcoin strategy stock : Metaplanet (up 2,605%)

Winners in the market don’t argue with the market. Be a good boy , just follow the direction it’s pointing you toward.

And this mainly break into :

1. U.S market :
It’s the most liquid and visible market,more and more companies joins in. Look for teams that are credible, vocal, and truly committed. The more visible they are and the more cash they hold to buy Bitcoin the better.

2. Regional market
come with higher risk,but also higher upside and unique advantages.
- local capital
- fewer competition
- able to leverage regional financial instruments to accelerate their Bitcoin accumulation

Key: find the PURE Bitcoin strategy with vocal, committed team.

eg: Metaplanet , started while other bigger companies in Japan already held more Bitcoin.

But as the PURE Bitcoin strategy with vocal, committed team:
- It stock tracks BTC more closely and outperforms peers
- Strong performance more capital fueling more BTC buys

Leads :
- MC increases from $15m to $1.5 billion while early movers stayed flat
- Best performed stock global in 2024
- Quickly surpassed early movers in Bitcoin holding.

The stronger the convocation, the stronger the flywheel. History repeats with https://t.co/qC5vHVmG76 the first and only pure Bitcoin strategy stock in China

[SpaceMonkey 太空猴 @Space_Monkey777]

depends on your size, there's certainly many higher EV shorts than the ones in top 10 but they're more illiquid

especially the ones with unlocks and better funding rates

also depends if you algotrade, then 100% you wanna add bunch of stuff outisde top 10 and reduce variance

can check some picks here too for short legs instead of browsing through whole cmc

https://t.co/1w4RzATREk

and you can also do some z-score studying for correlations etc

[SpaceMonkey 太空猴 @Space_Monkey777]

Think there's a fairly high chance cycle is over. Like 66%

Lowest variance bet to express that is long btc/(eth+alts_basket) though

[SpaceMonkey 太空猴 @Space_Monkey777]

The engagement on this was absolute dogshit. Algo hides contrarian but realistic views, algo must deliver hopium for the masses, algo must feed already-existing-beliefs.

Stay safu guys, can always build back up.

[SpaceMonkey 太空猴 @Space_Monkey777]

For real use your brain, this is a classic.

We get the most bullish news we could possibly imagine, PA trashy af. Neutral reaction to supposedly gigabullish news.

As we run out of frontrunnable narratives to bid, we must be increasingly cautious.

Don't be a moonboy here.

[SpaceMonkey 太空猴 @Space_Monkey777]

@ImNotTheWolf Used any guides? Meant to be played without guides or advice at all

[SpaceMonkey 太空猴 @Space_Monkey777]

Key milestone for HL

[Unit @unitxyz]

Introducing Unit: the decentralized asset tokenization layer for all of finance, built exclusively on Hyperliquid.

Unit will enable seamless deposits, withdrawals, and trading for a wide variety of assets. Our first integration allows major spot crypto tokens to flow between Hyperliquid and their native blockchains, launching today with native BTC.

This is a significant unlock for users, enabling:

1-Click Native Deposits & Withdrawals: Deposit or withdraw BTC via their self-custodial wallet or centralized exchange account. (ETH and SOL coming soon).

Unified Trading Experience: Trade both spot and derivatives within a single, integrated platform.

New Capital Onramps: Send spot from any supported native source chain and sell in the spot order book to access USDC.

Deposit BTC now directly on https://t.co/uJWeiSIeWH or at https://t.co/Rg4Ub2tADZ.

For more details on the protocol design, see our documentation at https://t.co/RlRzCxvQET and to stay up to date on what we're building, you can join our telegram channel: https://t.co/TcIyGSRKE0

[SpaceMonkey 太空猴 @Space_Monkey777]

@ParetosRazor @0xaporia I was reading all comments trying to find someone who mentioned Kelly or allowing for bigger sizing on option A and hence higher EV$ per trade, holy shit it took a while. The redactation on this app always amazes me.

[SpaceMonkey 太空猴 @Space_Monkey777]

Out.

The monke department thanks you once again for being bearish at the lows.

We reevaluate during weekend but possibly higher, it;s just that high EV isn't there anymore for me.

[SpaceMonkey 太空猴 @Space_Monkey777]

Long & strong

Gl monkes