I also think fartcoin on sol’s next rally is a full price discovery break
God knows where that stops, it’s been pulling unbelievable volume
Fartcoin on base a big beneficiary of that with many more upside multiples
When people explain crypto degeneracy and how it prints cash, they only mention fartcoin now as the benchmark, barely doge
Bitcoin dominance is developing nicely
The follow through from here aligns with the BTC setup I posted earlier in the week:
•ATH break
•Retest these levels
•Continue higher
BTC.D will only break down meaningfully if BTC goes into full price discovery — you can see with each minor pullback how it gains strength (while BTC is under ATH)
The market’s PTSD/trauma is too high
We need extreme optimism for BTC.D to nuke, and I disagree with the idea of an alt season here unless BTC is ripping above 115k (as a start) over the next 6+ weeks.
The Bitcoin chart simply needs to be higher before any serious distribution — extreme optimism is needed to attract enough exit liquidity, full fledged risk-on in capital markets for months
We just came off one of the biggest shakeouts and historic levels of bearish sentiment
Google trends showing little/no interest in Bitcoin at 105k
The backdrop of liquidity and risk renewal from the Trump put are more than enough for this to start playing out
@fartcoinbase Sometimes the token prices moves in before Fartcoin (Sol)
This dip should coincide with the BTC dip to 99.5-97k before a potential rip to 115k
6/
Bitcoin dominance wants to go towards the election rally lows of 53.5% — a massive signal for alts gaining liquidity and rallying hard
Subsequently ETH/BTC has put in the largest rally in almost 3 years from this low point (48%)
Any follow through from here will solidify a large alt season wave
BTC.D below 53% will do it
7/
Trump Put = reducing the severity of tariffs, continuing with large account deficits, and prioritizing growth and capital market booms — a highly inflationary setup that fuels risk assets and sends markets higher
He did say the bottom was in
Now that the market is seeing it incrementally confirm, it's triggering incremental FOMO and a shift back into risk assets
Evident in the SPX reclaiming 5800 from the exaggerated lows caused by the narrative-assisted selloff from trade wars
Narrative reversal was always going to lead to a price reversal, made easier (sharper) by the liquidity backdrop we discussed earlier
Market participants were and still are in wait-and-see mode, and now prices are slipping away — once this fully confirms, markets will trend even higher
See this post April 6th:
https://t.co/AYzCHchl9l
Once you realise the market was bamboozled by Trump
You'll understand how much higher we're about to go
This is the most unique bullish setup I've ever seen