$BTC Not sure why everyone is so eager to long bitcoin after the initial break of a 50day distribution period. There will be time to do that in reaccumulation later. #Wyckoff
@inversebrah Just short an equal amount of perps to what is staked and the problem is solved as USD value is locked in. Its literally what futures are designed for.
If $ETH sends there are plenty of beta plays, $OP and $ARB being two popular L2 options and then you have the LSD plays such as $LDO $FXS and $RPL.
Personally would go for OP / ARB / FXS. I would not touch LDO with a 20 foot barge pole I do not care how high it pumps
The market always gives hints. One of them I watch currently is the coinbase CVD due to that being where the US ETF buying would come from.
Switched net seller at top of the rally and a couple days ago became net buyer again.
I'm also long AI coins - $FET $OCEAN $AGIX
I bought the daily open and closed this morning so already up nicely today, then went flat to see how US session played out as its been mostly bearish. They held well so I reopened an hour or so ago.
Im confident with the US market being closed for 4 days due to thanksgiving and weekend, that this is great opportunity for these coins to fly. It's the most bullish narrative recently and US session has been bearish, so with US closed i believe now is their opportunity to run.