Dr. Ubah

@TechCharts Can you please do for ETH?

$SOLUSD

@KillaXBT You don’t decide that, are you the market maker that decides where price will go? Sounding cocky

$BTC will not drop more than 70% this cycle.

@Sykodelic_ @MRYALTS Your misjudgment means you were wrong, so accept it and not hide behind words

@MRYALTS Incorrect... the only thing i have misjudged is this disconnect from GLI and equities, and the depth of this correction. It happens.

There is a very high chance $60k was our bottom. I readily hold my hands up and admit that I got the previous $80k low wrong... But after going over a wide variety of onchain charts, it is painfully clear just how much of a severe capitulation we had last Friday. We set a new record for short term holder realised losses at a staggering $1.5bn. Higher than any other period in Bitcoins history. I thought the November 22 capitulation was high, but this has dwarfed it. After such an insanely large realised loss figure we can see just how many people capitulated at the bottom... Which is exactly what we want to see. I would be very surprised to see that happen again. For me, I think worst case scenario here is wicking back to $60k, but i think after reviewing this... The low was set on Friday.

At first glance, this may sound reasonable—but it is actually a false equivalence. DEXs and CEXs serve fundamentally different roles. Open, permissionless access belongs to DEXs; responsibility, standards, and accountability belong to CEXs. A DEX is a pure self-custody tool. The service provider is not an intermediary and does not control users’ funds. Users who interact with DEXs understand—or should understand—that they are using a tool and assuming full responsibility for their actions. As SEC Chair Paul Atkins has stated: “The right to have self-custody of one’s private property is a foundational American value that should not disappear when one logs onto the internet.” By contrast, CEXs custody users’ funds, much like banks. As a result, they carry clear obligations around AML, sanctions compliance, fraud prevention, and consumer protection. CEXs are not neutral pipes. They intermediate trust, hold operational responsibility, and therefore have a duty to protect users, not simply list everything that exists. Conflating DEXs and CEXs is not openness. It is an attempt to avoid responsibility. This fundamental distinction reflects a long-standing difference in values between OKX and Binance.

After recent conversations with several leading market makers and VC partners, I’ve gathered some harsh but real takeaways to share with everyone: 1/ Altcoins are fading A year ago, I mentioned that VCs had largely stopped investing in early-stage Web3 projects—now it’s even more pronounced. The Black Swan event on October 11 dealt a devastating blow to altcoins. Retail investors trading altcoins face a terrible risk-reward ratio. Let’s be real—the alt season will not come in 2025 or 26. Exceptions? Infrastructure projects with real-world resources, such as stablecoins, RWA, and payment solutions—but these types of projects likely won’t even issue tokens. 2/ The DAT bubble is deflating There’s little genuine demand for long-tail Digital Asset Tokens (DATs). Recent deals have mostly been "in-kind" swaps—tokens for equity. From the perspective of project teams, token holders, and financial advisors, raising DATs makes sense because it helps raise funds. But for investors—whether you're a private participant before a DAT goes live or buying in later in stock market—you’re likely to end up on the losing side. 3/ Current strategy: Know where we stand, proceed with caution Trading isn’t easy right now. This isn’t like one or two years ago when you could “buy without thinking,” but it’s also not the peak of a bull market where you should “sell without thinking.” The real market top will arrive amid mindless euphoria—not in the current climate of fear. (NFA, DYOR) ▪️ Those holding cash: Some family offices have approached me, planning to allocate 5–20% to BTC. I think that’s reasonable—the BTC/gold ratio is at a relatively low level. ▪️ Those fully invested or using leverage: I’ve said it before—reduce leverage now and shift to a defensive stance. ▪️ Those partially invested: Stay patient, keep your positions steady, and wait for the right opportunities. 4/ Post-October 11 aftermath: The market needs time to heal Weekly trading volume across CEXs has dropped by 20–40%. Market makers have also taken a hit—some major players even got liquidated after increasing leverage (I won’t name names here). Large capital is generally more risk-averse, and everyone needs some time to regroup and recover. In summary: Bull markets are born in despair and mature in doubt. We are currently in the "doubt" phase. Let go of get-rich-quick fantasies, above all - make sure you stay in the game.

BTC / USDT.D What a crazy chart

@coinmamba It can even go to $800 if it goes there. Nothing is guaranteed. Expect anything in crypto

Everyone wants to buy $ETH at $1,500. But history shows it will not get there. Crypto has the best frontrunnes..

2024: Prompt Engineer 2025: Vibe Coder 2026: Master of ai agents 2027: Unemployed

Donald Trump is the worst president we've ever had.

@OtsukimiOtsu If you go by that logic, historically we always have three bullish years. There is always a first for everything and maybe this time we have two bearish years. Will be nice if it’s a bullish year

Hopefully this means Bitcoin goes on a tear this year. Was bearish since August/October depending on how you wanted to illustrate that But historically we go bullish after a bearish years We have never had 2 bearish candle prints 👀

@m0xt_ I agree. People can’t even differentiate between revenue and profits these days. Have been seeing people talk about UNI $700m revenue and not the profit. It’s weird

The conversation around buybacks is definitely a positive one for the industry. But the fact that most people talk about how much revenue should go to buybacks instead of how much profit shows we’re not quite where we need to be yet. Saying that X% of revenue should go to buybacks just doesn’t make sense. Every protocol runs on a different business model, with different margins and cost structures. You can’t just apply the same rule across the board, it simply doesn’t work like that. We really need to start using proper financial terms and stop mixing things up.

@Zyro_Zone @TheRealPlanC I just pity their followers, calling 2025 a bear market year is very funny

@TheRealPlanC Bear market while SP500 did 10%+ growth Use your brain

Ben Cowen just dropped a video where he said... "If you compare Bitcoin vs. Gold, you'll notice Bitcoin topped in December 2024, so you could argue that Bitcoin has already been in a bear market for one year." — Benjamin Cowen Who else posted about this a week ago??

@trading_axe @Quanterty Rest man, you have been calling this and it’s not working. Just rest man

@Quanterty Type shit. ~ Dr. Axius.

I held 1% of broccoli for 8 months since the day of launch I rage sold on 10/10 cause I was so triggered 1%…

@ImperiumPaper When are you buying back your $SKY?

I think the Aave dust up exposed it as a DAO dominated by its founder. But it’s still a DAO, with debate and multiple power centers. Contrast with Sky moving >$60m out of the treasury into a pair of entities in August, neither of which answers to tokenholders. Was crickets. There is a material difference in governance risk from the two power dynamics. Aave has a king, but still relies on a decentralized network of local power brokers to operate Aave. Kind of like a feudal king, who is constrained by social contract and idiosyncratic conditions. Sky, however, has successfully centralized into an absolute monarchy (to continue the analogy), with a lot of capacity for the cofounder to act unilaterally. Lack of constraints means the king is free to operate the project as he feels is appropriate, which is good if they have a demonstrated record of competence and bad if they have a demonstrated record of exploitation or underperformance. So governance risk collapses into key person risk as a DAO centralizes into a proprietorship.

@benjamincowen I agree. This cycle was a learning cycle

Most people would have fared much better this market cycle if they had just stuck to the blue chips of each asset class.

@norbertbodziony @aave How did AAVE pump it?

Thank you @aave for pumping my bag $SKY

@coinmamba ETH💩

It was true at some point. People experimented, buying in to different ponzis but I think they’ve finally come to a realization now. There’s only one ticker and it’s $ETH..

@seanyt81 @BernieSanders AI is killing jobs, try AI agents and see how good they are. Definitely killing jobs 100%, especially tech jobs.

@BernieSanders Wonder how much richer they would have been if someone else won? Surely their total wealth would have decreased. Bernie you need to read about the luddite fallacy, AI isn't killing jobs.

Since Trump was elected: Mark Zuckerberg got $25 billion richer Jeff Bezos got $36 billion richer Larry Ellison got $78 billion richer Elon Musk got $187 billion richer Meanwhile, 60% of Americans live paycheck to paycheck, food & housing costs soar and AI is killing jobs.

Why crypto dumped yesterday and why it pumped today. The only explanation I can think of is just pure price manipulation..

@OtsukimiOtsu Just like you predicted lol

Very early this week But we have a bull divergence printing on the 1W which we have not had since at least 2017 If it drops to much lower it will invalidate Watching 1W and higher as divergences at these levels are prime indicators of bottoms historically