Atalantis7

it's more that a rising price in TAO increases the rewards for miners who provide compute. the progress on Covenant-72B is good but this is hype imo. today's interview with chamath/jensen just seems a little bit like the openclaw announcement by Venice. but not fighting the trend. just my thoughts

TAO squeezing back to breakdown area. Supply at 269

@yogurt_eth coinbase actually went to 300. but look at that spread binance never went above 285. seems like the jason buy program is close to done. gg if you caught it. i'm still in my 🩳

@yogurt_eth is oke. just quarter size for now. will cut if we go into 90s

@yogurt_eth ok supply hitting, here we go

@yogurt_eth shorted

@0x8104 marketlens

@atalantis7 gm sir, what platform is this?

@dornermode chamath sellin jasons book 😂

@dornermode no clue about the clip. just a squeeze imo

@atalantis7 was this just from the jensen clip? I watched the clips and it seemed like a literal nothingburger

i doubt it but anything is possible. just don't like the time of the squeeze during illiquid hours of the day, because it's easier to move price and also easier to distribute. there's been some spot buying during the day so watching spot CVDs and OI unwinds to confirm whether we go back down

@atalantis7 Do u think $TAO are going to make their own candlestick? Just like previous one, despite BTC/ETH being gay

@confinia_xyz let's see. if we get a longer consolidation here we can go back. basing takes a little time reaccumulate to squeeze shorts. we can also go back to the highs depending on the overall market. i closed my short. will open again on breakdown or failed backside retest

@atalantis7 had tp‘d a short from 42 at 39, but immediately reshorted as I saw that reaction. Looks terribly week - saying that as someone who intensively builds on Hyperliquid and seldom shorts anything.

HYPE: could see a bounce and retest of the P3D POC or breakdown area before continuation lower. That is of course if my bias is correct and the market also pulls back