going to say this again
for crypto, think the downside is very very limited at this point. the worst of it is imo certainly over if the bottom isn't already in.
the challenging aspect may be that we haven't done the time capitulation yet like we historically get where volatility dies and we trade in a one percent range for 6 months as price starts to coil and tighten and every fakeout means we are going to 0 and then to 600k. that may still happen and price may just compress into a smaller range as time passes. something to consider. it is very rare to v reverse.
i continue to advocate for owning both crypto, and equities. you don't need to be loyal to one or the other
I am contemplating selling some of my Bitcoin and going to Gold with the money.
Looks to me that Gold is going to gain substantially on Bitcoin $XAUBTC
hyperliquid:native as close to pure RS, great tokenomics and great chart you’ll find.
Probably will be up multiples into the next cycle.
Barely any bounce in the space and Hyper is back on highs.
Hasn't been any breakdown in market structure on $HYPE here fwiw
this is still grinding up and looks constructive for another move up imo. when? idk. thats up to the market to decide.
we went from 30's to 70's in a pretty short time, and now have consolidated while slowly creeping up
keep in mind, this performed like this in a bear market, it's yet to experience a full bull where revenues would likely be doubled or more consistently
We are in the midst of an equities melt up that is probably the largest wealth creation event for retail in history
and something that I think will be deeply engrained in several generations culture as a result of how we got here
Honestly don't see how $COIN avoids this. Bloated and overvalued company, horrible customer service, crypto retail dead and have options. Base chain meh.
So hyperliquid:native has been doing roughly 2m per day in fees from perps, in a bear market.
However there was a change this past week that I haven't really seen covered so much and thats priority fees on orders that went live this week. Priority fees already hit over 150k in a day yesterday. Its not something you or I would use but for mm's/arb
I think it's fair to assume this will be a new mechanism that will likely end up burning 250k per day in hype as it scales further. Linked a tweet that explains it better below. This 250k is on top of what they are already generating and without the 500k+ a day from aqav2 which will begin later in the year. Combined = 750k+ a day of new buys, daily. In any given day, that's not a big deal. It would be like working out and expecting to see results that day. The effects are time based, you see the gains in the price appreciation over a year. Just like building muscle.
Hype continues to find ways to generate more profits, that aren't all tied into crypto. For example, most these fees likely came from the tradfi side for spcx trading in terms of priority fees.
How many years before the next bull market cycle in Silver? The past two averaged 22 years.
Be bold -- reply with your prediction.
The next bull market is _______X_______ years away?
So much supply changed hands at the highs of the bull that, for the first time in $BTC's history, the percent of supply in loss has near perfect parity with the percent drawdown of price. Typically bears see a widening delta between these. This is likely a contributor to negative sentiment.
This pattern of 15 good(ish) years (white portion of the box) followed by 15 years when you had better be a market timer (yellow portion) has worked all the way back to the 1830s. The next yellow box starts about now.