Solberg Invest

Developing @BlockMind_Agent NFA. DYOR.

[Solberg Invest @SolbergInvest]

Update: We're back.
Our account was hacked earlier this week. While we were asleep, the attacker used it to promote a scam token.
As soon as we noticed, we warned everyone by email and other channels, but by then some people had already been affected.

To be clear: this account will never ask you to buy a coin, join a project, or connect your wallet. Any post that does is not from us!

We are truly sorry to everyone who lost money. We have regained control of the account and strengthened its security.
Be careful with anyone who contacts you claiming they can "recover" lost funds. We will never DM you first.
If you have questions, feel free to comment

[Solberg Invest @SolbergInvest]

Eyes on solana:HZ1JovNiVvGrGNiiYvEozEVgZ58xaU3RKwX8eACQBCt3

[Solberg Invest @SolbergInvest]

@aparjey Our account was hacked, and someone used it to promote this coin.

Stay away from it! It’s not affiliated with us, and we have nothing to do with it.

[Solberg Invest @SolbergInvest]

$COIN Should follow to the upside when $BTC does.

[Solberg Invest @SolbergInvest]

$COIN Update:
We are approaching the macro support at $117–136.

This could give a solid floor. If $BTC and the bear market continues then this level might break.

But if markets slow down, this could be where $COIN starts to slow the bleeding and base out.

[Solberg Invest @SolbergInvest]

Rate hikes should pull money out of risky assets. Yet in the two weeks after the Fed's first hike since 2023, US spot Bitcoin ETFs took in $2.93B, $999M of it on 21 September. Before the hike, September flows were negative.

https://t.co/7FSkSQRCow

[Solberg Invest @SolbergInvest]

If you hold Bitcoin and want yields to drop, care more about why than when. Falling because inflation cools is good, like late 2023. Falling because something breaks means Bitcoin gets sold for cash first, like Covid, before money printing helps.

[Solberg Invest @SolbergInvest]

Bitcoin fell in Q4 of the last two midterm years, 2018 and 2022. Both times the Fed hiked in September and the drop came around day 50, 5 November this year. But two cases aren't a rule, and both had crypto-specific triggers: FTX and the hash war.

https://t.co/7FSkSQRCow

[Solberg Invest @SolbergInvest]

One check for whether a Bitcoin rally is fragile: futures open interest. While Bitcoin held near $86K, it fell from $38B to $36.6B. Flat price, less leverage means spot buyers, and spot buyers don't get liquidated in the next dip.

[Solberg Invest @SolbergInvest]

What's next: 14 October CPI, the Fed's 27-28 October meeting, then 5 November. I'll send an updated view after the CPI and the Fed, with what would change my mind. The charts behind all three reasons and the day-50 timeline are in the article.

https://t.co/7FSkSQRCow

[Solberg Invest @SolbergInvest]

Bitcoin is at $86K.

It shouldn't be.

Oil in the $90s. The Fed's first hike since 2023. A 10-year yield at 5.29%. All three make money more expensive, which is supposed to be bad for Bitcoin.

Bitcoin went up anyway. Three things explain it.

[Solberg Invest @SolbergInvest]

The risk: day 50 lands on 5 November.

In 2018 and 2022 the Fed hiked in September and Bitcoin broke lower about 50 days later. A 2022-style 15% drop means about $64K. But two cases aren't a rule, and both had crypto-specific triggers: FTX and the hash war.

[Solberg Invest @SolbergInvest]

near:native Update:
+139%, nice!

[Solberg Invest @SolbergInvest]

near:native has broken out and retested.

Nice...

[Solberg Invest @SolbergInvest]

@BigBrainSB I haven’t entered (yet), but it’s looking tempting!

The timeframe could be weeks to months, depending on the breakout.

Lower prices can still occur though, so I would DCA into it if I were to enter.

[Solberg Invest @SolbergInvest]

ethereum:0xa35923162c49cf95e6bf26623385eb431ad920d3 👀

[Solberg Invest @SolbergInvest]

ethereum:0xa35923162c49cf95e6bf26623385eb431ad920d3 looks like it's trading inside a giant falling wedge pattern.

Could be interesting! 👀

[Solberg Invest @SolbergInvest]

near:native +106%
Could be a winner this cycle!

[Solberg Invest @SolbergInvest]

near:native has broken out and retested.

Nice...

[Solberg Invest @SolbergInvest]

sui:native +20%
Retest, then further up after a while

[Solberg Invest @SolbergInvest]

sui:native has been below this resistance for 400 days.
Now it's moving above it...