Elysium prolly the true test whether chains still matter. At the end of the day social trading apps will make tokens look the same regardless of the chain. Early users - > launch day - > volume weeks after? "new chain hype" isn't enough to bid coins anymore.
Honestly might just run back a similar playbook for this week. Long exposure to crypto will be onchain primarily, limiting perps. Going to start paying attention to equites though ( fucking banger not looking last week )
Honestly from a lower to mid tf perspective I would just leave $HYPE alone. Still one of the strongest coins YTD and betting on a breakdown would be silly. A bounce near green squiggle would make sense to me. But honestly don't ever need to be in a trade on a certain coin. I see better opportunity elsewhere.
Pre market flush on crypto. These monthly lvls ( red scribbles ) have been providing some great reactions. Waiting to see the daily/weekly close here. Don't see a perfect way to position long/short as of now. I have my onchain exposure and a $HYPE short going into the new week.
Honestly might just run back a similar playbook for this week. Long exposure to crypto will be onchain primarily, limiting perps. Going to start paying attention to equites though ( fucking banger not looking last week)
Pretty spot on with my $SOL thesis, however I see a trade and that's a swing long. Regardless of news/fud I would easily take a long on Solana once we start to bounce. Want to take this trade with confirmation instead of a knife catch though. Jumping the gun on longs when you have onchain is stupid. Those who wait for structure to form prolly outperform.
Elysium prolly the true test whether chains still matter. At the end of the day social trading apps will make tokens look the same regardless of the chain. Early users - > launch day - > volume weeks after? "new chain hype" isn't enough to bid coins anymore.
Elysium prolly the true test whether chains still matter. At the end of the day social trading apps will make tokens look the same regardless of the chain. Early users - > launch day - > volume weeks after? "new chain hype" isn't enough to bid coins anymore.