As mentioned many times for both BTC & $SOL
I don't know how long the chop lasts, but the structures are Bullish & still holding
A breakout of the multi-months range takes SOLUSD to at least $1000
1st stop likely around $500 now, because the longer the base, the higher...
$30B liquidated, 1M+ traders rekt. BTC $122k->$101k. ETH to $3200. alts down 80-90%.
what happened: overleveraged market met trump's 100% china tariff announcement. classic exogenous shock + record OI = biggest liquidation event in history.
what it means: leverage reset, not trend reversal (yet). infrastructure held (no exchange failures, DeFi kept working). macro still bullish (Fed cuts, institutional flows unchanged).
what to do now:
if you got liquidated; take a week off, then analyze position sizing. everyone who survives long enough in this game has taken an L. the difference is learning from it.
if you stayed liquid; congrats, but don't get cocky. use this consolidation to build positions at better risk/reward. market memory is short; overleveraging will return in weeks if not months.
geopolitical risk is binary here. trump signals willingness to reverse tariffs if china complies. that's your catalyst watch.
meanwhile, Q4 historically delivers 50%+ of annual crypto gains. october specifically green in 10/13 years. leverage is flushed, weak hands are out, institutional bid unchanged.
risk/reward favors patience + selective accumulation over panic or revenge trading.
stay sharp.
At peak-
Solana: 3,200 TPS, $0.006 fees
Base: 1/10 throughput, 500× the cost
Ethereum: 1/100 throughput, 10,000× the cost
There’s really only one viable chain for internet capital markets
(yes that’s a log chart)
✅Advantages:
▶️Reduces bias by focusing on measurable outcomes
▶️Encourages transparency and accountability in governance
▶️Harnesses collective intelligence for a better forecasting
Over time the market will evolve and those who are bad at predicting the outcome of policies will loose money and influence 📉
Those who are good will see their money and influence grow📈
In futarchy those who participate in the govern process will focus more on the proposal itself rather than who's proposing.
"murt why aren't you shilling solana as much anymore"
look gentlemen, I've been going to bat for this chain every single day for years and somehow can't beat the chinese overlord on stake despite offering higher returns on your money
stake w helius so we can help the chain
Here's a quick guide on how to get 3800 @solsticefi flares with close to no investment. You'll need a @solana compatible wallet, at least 11 USDC and 5 min of your time. Here's what you need to do👇
If you have a bit more capital available you can now add liquidity on @orca_so or @RaydiumProtocol .
> As my focus is maximizing flares I'm focusing on the eUSX/USX pool
>Add at least 100 eUSX/USX to the pool