Wings 🇰🇷

Crypto 8y. Long-form essays on markets and what comes next.

[Wings 🇰🇷 @wings_jyh]

Bitcoin finally ran hard, and it came off a long base at the lows.

ETH, SOL, XRP followed. I don't think this is the top — I think it's the start. The money is still sitting in equities and that rotation takes time.

Buying here isn't wrong. It's just early.

My side: loaded USDT at KRW, moved it offshore, trading from there. When the market overheats and the kimchi premium returns, I bring it back and unwind. PnL, then FX and the premium on top.

After a year of bleeding, the market turned. That's when alt season shows up.

[Wings 🇰🇷 @wings_jyh]

fuck tradfi

[Wings 🇰🇷 @wings_jyh]

Recent Upbit listings haven't moved badly — some moved well.
CYS +32%, AIOZ +12%, GRVT +23% on the listing announcement alone.
Proof that Korea-only volume still exists.
But with 16 KRW-market listings in a single month since July, that volume can't concentrate anywhere.
Once this phase ends and listings become rare again, saved-up volume can produce a real move.

[Wings 🇰🇷 @wings_jyh]

Upbit posts a listing announcement almost every day.

Listings used to be an event. Now they are a schedule. An event that happens every day is not an event.

New supply gets dumped into the KRW market, and the KRW that was waiting absorbs it. New money is not coming in. The money that was already there is leaving too.

The strategy of parking money on the exchange to catch the listing pump died long ago. The more ammo you keep waiting, the more you simply become the exit.

The tether price in KRW staying suppressed is the same story.

Moving your seed abroad now means buying tether cheap, so the conversion loss is actually small. But it also means the domestic market as a whole is getting thin.

Either way, what is needed now is not a position but waiting.

So the conclusion is to watch. Whether KRW market volume recovers without listings. Whether the kimchi premium gets out of negative. If even one of them turns, think again then.

Until then, doing nothing is the highest return.

[Wings 🇰🇷 @wings_jyh]

I love japan
I love doge

[Wings 🇰🇷 @wings_jyh]

Bitcoin is going below 40k.

[Wings 🇰🇷 @wings_jyh]

Right now the only thing worth eating is DEX memecoins.
Keep an eye on the Robinhood coins.

[Wings 🇰🇷 @wings_jyh]

Coin market's completely wrecked. When's it coming back?

[Wings 🇰🇷 @wings_jyh]

때를 기다렸다가 좋은 장 일때 매매를 하자

[Wings 🇰🇷 @wings_jyh]

@JensenHuang @nvidia interesting

[Wings 🇰🇷 @wings_jyh]

@JensenHuang

젠슨황 x 시작

[Bitman @BitmanTW]

.@RobinhoodApp was one of the biggest gateways behind $DOGE’s historic run to 88B in 2021

In the same year, speculation around a potential Robinhood listing became a major catalyst for $SHIB as its market cap surged past 40B

Today, Robinhood is a publicly traded company valued at over $100B and one of the world’s most influential retail trading platforms

It has also been selected as the brokerage infrastructure provider for Trump Accounts, potentially introducing millions of American families to investing through Robinhood

Trump Accounts could become one of the most ambitious and widely adopted retail investing initiatives in U.S. history

Never underestimate Robinhood’s ability to bring retail liquidity onchain

[Wings 🇰🇷 @wings_jyh]

Been watching Robinhood meme coins closely these days. Feels like an early market before it gets massive

[Wings 🇰🇷 @wings_jyh]

가입링크 https://t.co/W8PM9M9DH9