agree again here that tokens with solid technicals and fundamentals are holding pretty well on this dump, even surprisingly well (!)
the part i keep coming back to is that crypto looks way more selective now, and that’s probably healthy (long term), even if it feels brutal rn. the easy "buy any mid alt and wait for alt season" game looks kinda over, while stuff with actual product, usage, or a real niche keeps stealing attention and showing relative strength
looking forward to your update on equities and the sectors you’re watching
or he can still find funding somewhere, like when the last few times $STRC lost the $100 mark, they managed to pull it back with higher yield / better structure / more issuance. but that every fix gets more expensive... so i think he’ll figure it out again, but it feels like he might need a fresh approach here, because the market is starting to price how expensive keeping this "flywheel" alive can get
maybe $STRC bleeding nonstop is part of why the whole crypto market feels so cooked rn (except for a few tickers with real tech behind them)
the underlying fear is pretty obvious, if STRC keeps sliding and losing trust, the only real way to make it attractive again is to offer a higher yield. but higher yield means bigger cash obligations, and those need to be funded somehow, new issuance, $MSTR dilution, cash reserves, or eventually new BTC sales (!)
so the market probably isn’t scared of one tiny 32 BTC sale; it’s scared of the funding loop breaking and the next possible 32000 BTC sale turning into something way bigger if the whole scheme starts unwinding
worth saying tho, this isn’t the first time it traded ugly below the $100 target, and so far these things usually got pulled back toward par once panic cooled off. the market might be seriously overreacting here
@shtanga0x@Strategy@Polymarket right, i personally don’t really see a YES path here, but yeah, let’s give it a bit more time since there’s barely any left anyway
@Tony_Schultz_@MightyDylanK@Polymarket thanks, wasn’t aware of that precedent. need to look deeper into it, maybe the wording was different enough to justify a different resolution / approach. from first glance tho, i don’t really understand the logic
Perps have officially made it to America. After so many years, it feels hard to believe.
This magical product experience will delight millions of users and reshape our financial system.
Hats off @mansourtarek_@luanalopeslara@liorhir and everyone else who made this possible.
@_El33_ weird feeling, but holding $LIT rn feels more comfortable than holding $BTC (mostly because of how differently these two are moving. still kinda wild)
nice addition from Lighter, more robotics exposure with $BOT, RoboStrategy (another “Strategy” but without selling and baiting btw). maybe this is even the next trend forming in stocks (i mean robotics + embodied ai)
$BOTZ is already live on Lighter fyi, and also for indirect exposure we’ve got names like NVDA, TSLA, ASML, AMD too
1. why not just pick both?
2. isn’t the whole point of investing / trading to buy lower and sell higher, not just chase fomo? from that angle, maybe it makes more sense to look at the asset with a lot more room to grow instead of jumping into the one that already moved a ton and taking the extra risk there
yep, once a chart stops acting weak and starts holding higher after a nasty reset, the "i’ll just wait for a dump: crowd often ends up chasing instead, and that’s basically what happened with HYPE into new highs while LIT has also been seeing a recent sentiment/price turn
my take is that it’s similar psychology, but not the same setup yet: hype already has the reflexive winner bid, while ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 still feels more like a “people are starting to realize the acceleration may only be beginning here”