CryptoCoBean

Surviving crypto since May 2021 | @thehyperpodcast |

[CryptoCoBean @CryptoCoBean]

Going to make a thread of when I think you should change analysis levels.

This is not a bear/bull thread, just market conditions.

Low IQ season: Shitcoins popping off (easy to make money hard to keep money)

Smart IQ season: PvP market (Hard to make money)

[CryptoCoBean @CryptoCoBean]

@iam4x I've got that little do or die cluster on the weekly at 44-41k after that it's nothing till 30k

[CryptoCoBean @CryptoCoBean]

@clanker_ Reality changed

[CryptoCoBean @CryptoCoBean]

We seems most akin to the 2013-15 and 2017-18 bear markets which had a more grindy PA than a chop dump repeat scenario like 2022

[Googly 👀 @0xG00gly]

a @HsakaTrades dalai lama tweet would hit like liquid crack right now

[CryptoCoBean @CryptoCoBean]

Perfect time for the trend trading bot to stop working cause of some API mismatching between CCXT and Hyperliquid

Fuck

[CryptoCoBean @CryptoCoBean]

@whalecalls Echo echo

[CryptoCoBean @CryptoCoBean]

The new era of stablecoins commences

[CryptoCoBean @CryptoCoBean]

USDT coming for the jugular

[CryptoCoBean @CryptoCoBean]

Finally done selling rest of the ZEC spot

Updated Ledger Zcash app, sent it to zodl hot wallet, shielded the ZEC and then swap to sol, sell sol to usdc

[CryptoCoBean @CryptoCoBean]

I think i've figured something out

Ledger has fixed their side of the problem, its now just trying to sell spot and close the perps hedge

[CryptoCoBean @CryptoCoBean]

Fuck

[CryptoCoBean @CryptoCoBean]

This still feels like a slow rug on BTC

ZEC felt really quick, Luna style but with much more uncertainty

[CryptoCoBean @CryptoCoBean]

@GobiCanoePro @unitxyz So ...

Ledger to hot wallet
Hot wallet to Hyperliquid

I think apart from https://t.co/gGrgoQAM3W still saying ZEC ledger nodes are down (can't do any transactions) it seems ok

[CryptoCoBean @CryptoCoBean]

Switched the BTC bids around a little to favour spot on what I think would be the begining of the puke and perps on the ends

Perps tends to overcorrect more than spot due to forced liqs

- BTC spot on HL at 58k
- BTC spot on jup at 56k
- BTC perps on HL at 52k and 50k

[CryptoCoBean @CryptoCoBean]

I hedged around here and thank god for that

[CryptoCoBean @CryptoCoBean]

Fuck

[CryptoCoBean @CryptoCoBean]

@GobiCanoePro @unitxyz same here, were you able to get it sorted?

[CryptoCoBean @CryptoCoBean]

@d_gilz I got breakout lines lol

[CryptoCoBean @CryptoCoBean]

@finalcycle324 All good man, how you been?

[CryptoCoBean @CryptoCoBean]

This still doesn't feel like a proper capitulation on BTC

Like last cycle there were points where you just let fate take its course cause you can't do anything like a deer in headlights