MacAttack

hype cycle trader

[MacAttack @crossedentropy]

starting to get capitulation vibes on bitcoin:native

I'd guess we put in a low around 62k because people front run that low of 60k back in feb

[MacAttack @crossedentropy]

looking for salyor selling to be a local bottom on btc

if not, that would indicate significant weakness in the short to medium term

[MacAttack @crossedentropy]

@JoeJustice maybe there is a difference between how rural Japanese view the decline versus the Japanese that live in cities

since the effects of population decline are much more noticable in less populated areas

[MacAttack @crossedentropy]

@WestAsianPrince @daaniyaan the amount of money is a proxy for attention/awareness in the tradfi space

tradfi has something like 20 trillion dollars available for buying securities

300 million is like 0.0015% of that amount

[MacAttack @crossedentropy]

@WestAsianPrince @daaniyaan etf and tradfi companies have bought like what? 300 million dollars worth?

that's a tiny amount compared to how much more money could tradfi could potentially allocate to hype

[MacAttack @crossedentropy]

CT: oh wow $HYPE is so consensus. don't you know we are still in a bear market? bitcoin price action is dragging everything down. <stays sidelined>

Tardfi: holy shit how much money does this thing make? wait, its margins are really 99%? the TAM on this thing is insane. <market buys>

[MacAttack @crossedentropy]

$LLY nothing like longing a break out and have price immediately go against you

looking for this to find its footing soon, otherwise I will cut the position

[MacAttack @crossedentropy]

$LLY hitting new all-time highs

the bullish case is straightforward:

-weight loss drugs are a *massive* market
-they are growing revenue and earnings fast
-they have more drugs in development

this is a clear winner in the bio/pharma megatrend

[MacAttack @crossedentropy]

$LLY hitting new all-time highs

the bullish case is straightforward:

-weight loss drugs are a *massive* market
-they are growing revenue and earnings fast
-they have more drugs in development

this is a clear winner in the bio/pharma megatrend

[MacAttack @crossedentropy]

@0xsmac @blknoiz06 great article, thanks for sharing

[MacAttack @crossedentropy]

all my limit orders got hit and I'm up on profit on all of them already

I expect more consolidation before we make a run for new all time high

[MacAttack @crossedentropy]

I expect $ZEC to hang out at these levels for a bit

I'll be putting some limit orders below that 643 level to catch any sweeps below support before going higher

only a matter of time before this goes to all time high again

[MacAttack @crossedentropy]

I expect $ZEC to hang out at these levels for a bit

I'll be putting some limit orders below that 643 level to catch any sweeps below support before going higher

only a matter of time before this goes to all time high again

[MacAttack @crossedentropy]

that should do it for this latest $HYPE pump

consolidate here for like a month while the etfs and buybacks chew through all the supply that wants to unload here

once all that supply gets cleared we are clear for another leg up

[MacAttack @crossedentropy]

@SoftServedGummy I've been having decent luck trading metals futures on Robinhood

was able to catch this copper breakout with decent size

have yet to really mess with perps yet

[MacAttack @crossedentropy]

but for real

super bullish on zec, btc, and hype

[MacAttack @crossedentropy]

loaded up on UNIBOT and RLB

bags are packed for the next bullrun LFG

[Fren @0xFrenxbtdotxrp]

“BTC, HYPE, ZEC.”

[MacAttack @crossedentropy]

remember price leads narratives

eventually we will come up reasons for this up move

[MacAttack @crossedentropy]

think the idea that we are starting to see a rotation back into crypto has a lot of legs:

-4 year cycle meme completely known to everyone and their mom, which means the market front runs the cycle tops and cycle lows now

-AI completely sucking the attention away from crypto, leading even die hard crypto folks like ansem to hold zero coins

-retail gets completely washed through hyper extractive projects leading to everyone writing off the space

-quantum computing fears helped wash out the last sellers

-genius act got passed cementing stablecoins and the clarity act is about to get passed which gives the green light for all of crypto

as far as risk assets go, crypto is arguably the only thing that is "undervalued":

-houses are still stupid expensive

-stocks pumping to ATHs every other day

-precious metals went through a huge parabolic move beginning of this year

once the smart money starts bidding up crypto, price reflexivity kicks in and starts an uptrend

[MacAttack @crossedentropy]

imo primary use case of crypto still relevant

it serves as a non-soverign digital means of payment and store of value

fiscal situation of governments world wide is continuing to deteriorate, and at the same time populism is rising in these same countries

people will seek an off ramp to the current system to protect their wealth from inflation and confiscation