7debdcdb retweetledi
this is a good learning tweet
the market decisions you make are a function of the information you consume
traders look at charts, macro, and "vibes" (which are a real and useful thing)
the problem is these things are largely lagging indicators
builders in crypto have the edge that they can see leading indicators like impactful product, BD, or technical releases, incoming talent quality/quantity, and startup ecosystem health
any signal shorterm will be choppy, but given the talent level entering crypto, the posturing of the current administration (SEC head literally said put all defi onchain), and the fact that product quality is finally increasing
Id say we are undervaluing the industry on any serious time horizon by an extreme amount
if you can accumulate and hold without leverage here, Im bullish
Ansem@blknoiz06
There’s is no way for me to be bullish on this market looking at the sfps on XRP, SOL & ETH weekly charts. It reminds me of the sfp that Ltc had in 2021 and when I couple this with BTC trading back below its 2024 ATH. I don’t see a bull case. I see an end of momentum and price drooping over. A large 10 month distribution that is coming to an end. There is no fresh narrative. MSTR topped in 2024 November. It’s trading below the 200dma for the first time since 2023 and acting as resistance. ETHBTC has already pumped as it does at the end of every cycle. The only way for me to change my mind is if we get back above 112k. GG
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