The full-scale rise of $ETH will only begin once it breaks through $1,918.
Currently, the RSI is breaking its sideways trend and increasing. Buying pressure is emerging.
It is gathering energy to break the short-term downtrend.
1/ @Uniswap is quietly becoming the turnaround story of this cycle among the OG 2021 tokens.
The business has been surprisingly constant through bull and bear markets, and they keep shipping better AMMs.
Fee switch is live on V4. Tokenized stocks are arriving. A lot to like here.
a good lesson to learn from the market you witnessed is everyone talks their books.
look at dwarkesh and gavin baker coming up with a bullish AI blog post 2 days ago to prevent fud because they know things are dire and they are going to get liquidated
look at citadel saying fed is going to hike rate because they want fud and panic dump. they can see in their books the leverage positions being built up and how they can sweep it at a massive discount
the same games that are played in the trenches are played on wallstreet. its zero sum pvp dynamics. its a dark forest.
people get hunted for far less highly leverage positions on hyperliquid.
you have all seen the downfall of your fav main characters on ct who made 8-9 figures only to lose it all on high leverage open positions
i think the important lessons to take away from this is to not use leverage, don't become the main character and always take profits.
These 4 Hyperliquid tweets are living rent free in my head right now:
#1 @x256xx
Calling out ATH TVL of $6.14B:
- The AQAv2 deal w Circle turns TVL into passive revenue.
- At $6B of USDC onchain, HL generates ~$200M in yearly revenue via this deal:
https://t.co/adxZzOm276
Buying $UNI here is like buying $HYPE at $20. Too many idiots on the timeline are unfortunately going to be in for a rude awakening. Its also hilarious comparing it to $PUMP where UNI has the least supply overhand.
When your barber asks you if he should buy this pink unicorn token that he learned about on a CNBC crypto segment cause their target is $100 / token…
Probably time to sell
But until then I believe it’s +EV to front run that crowd