Humble defi farmer

defi analyst / crypto trader ||

@ROKCapital

@soundmintxyz

@vanna_labs

|| ex

@coinbase

@amazon

[hdf @PaikCapital]

Managed to make a small move onchain taking advantage of USDT depeg.

Swap USDC -> $ETH -> ride ETH mini pump -> USDT

GG.

[hdf @PaikCapital]

Just a macro perspective on the relationship between BTC.D and alts.

I think this time around dominance caps around 60%.

[hdf @PaikCapital]

How hard would you cope if this played out?

$ETH

[hdf @PaikCapital]

Regardless if this is the bottom or not current structure favors buyers than sellers here.

If equities bear rally, our cool digital coins probably follow.

[hdf @PaikCapital]

Roadmap of starting in crypto with a small account:

[hdf @PaikCapital]

I don't think this is the bottom. I think we see lower across the board especially for alts into accumulation ranges.

Bidding $ETH here however because prices currently favor buying here than selling.

[hdf @PaikCapital]

4-5 month range broken.

3 days to accelerate to the downside.

$SOL

[hdf @PaikCapital]

LOL bad timing. This happened after CPI. oof.

[hdf @PaikCapital]

Why speculate and spread information not confirmed?

The real culprit imo is making people believe that anything in this space is "risk free".

[hdf @PaikCapital]

$AVAX update.

[hdf @PaikCapital]

$NEAR
$AVAX

Liquidation city.

[hdf @PaikCapital]

Top. Nuke it. $TRX.

:)

[hdf @PaikCapital]

Update $GMT.

[hdf @PaikCapital]

Observe.

[hdf @PaikCapital]

Honestly I can see the lower situation playing out with second order effects from $UST today.

Unless we reclaim this level, I'll see $avax in the 20s.

[hdf @PaikCapital]

Things to now consider:

>> Does the market still have an appetite for algostables

>> How does this expedite crypto regulation

>> How to port Terra projects to other chains

Stay safe everyone.

[hdf @PaikCapital]

This has got to be the craziest moment in crypto.

[hdf @PaikCapital]

$SOL and $ETH strength against luna's price action today is something to consider imo.

Send.exe

[hdf @PaikCapital]

On another note, observe ETH's strength today.

Hmm.

[hdf @PaikCapital]

What if huge $luna shorts start to close coming into CPI and absolutely giga send the markets?

On a serious note I think one of the bigger concerns about the UST situation is the view retail/normies will have on defi.