chefd retweetledi
chefd
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chefd
@derekm170
dad x 3, chef, crypto, nfts, guitars
New Jersey, USA Katılım Temmuz 2017
1.7K Takip Edilen662 Takipçiler

@notsoeasymoney Not a normie but want xrp to go over $10. Please and thank you
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@SpeculatorArt same. seeing pics of this family before they got on, heartbreaking. especially being a father of 3 as well
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If you are EVER wondering when dinner is.
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My brutally honest thoughts on where we are heading.
Update on my thoughts on the market right now.
Got WRECKED holding overnight on a lev long for SOL at 0.618 fib.
Now time to reassess the whole market.
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The Trad-Fi market is getting absolutely OBLITERATED.
on the bakc of Tarrifs and retaliation for what is setting up for a larger Trade War
GDP for Fed report came out in Atlanta showing a much more aggresive downward move to -2.8% from expected -1.5%
The overall economy is appearing weaker and weaker, which is signaling for more pain initially.
Looking at the S&P it is bloody, and every small pump is being met with a larger sell off.
This is now also shaping up for 3 rate cuts this year, a HUGE surge from the original 1 cut back in January.
If 3 cuts happen, then we have some risk on opportunity, later in the year, but for now more pain appears like the clear path forward.
It is spilling over in full to the beloved crypto prices.
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0.618 is $135. Holding over that for an extended period of time gives a path to 168.
But the longer we refuse to get over that, $111, and $88 are both on the table, which is down to the 0.382.
I'm not catching knives anymore, waiting for a clear directional move after a breakdown or up on volume.
The unlock was the main fear, but the macro from trad-fi is what the real sell off is facing.
I do not wanna try to long again after being kicked in the teeth sleeping on an open leveraged position.
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ETH very clearly broke its upward momentum recently.
The start of Feb it failed to maintain its bullish uptrend.
Now sitting under what was formerly support the downside target of 1811 seems like it is absolutely in play.
However with ETH largely trading in this open area, chop and uncertainty with the wider market is gonna happen.
Until eth can either print a higher low from last summer of '24, and show some volume and upward momentum I am not taking out any trades on it.
Downside opportunity with retests of 2395 could be an option, once again tho, waiting to see what the wider Trad-Fi market looks like before speed running into more lev trades.
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Gold is showing new life and more and more buys pushing that price higher, but it does not look like the thesis / argument for $BTC as digital gold has carried over in the traditional finance space.
BTC's chart shows what could be considered a double top here at the 108,299 area.
Now testing the 0.382 area, similarly to both SOL + ETH, any added downward pressure here opens the door to 76,000.
Imo we probably chop for a little bit around this area, making it difficult to figure out the direction.
A retest toward 88,000 wouldn't shock me but could take some time.
Macro news showing more pain, and this holding up the best out of the crypto assets is a good sign, but still not in a bullish environment.
With the down trend in tact, a failed break above it just 48 hours ago, and now pushing even harder off that, chop then more downard pressure after new lows printed is on the table.
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Overall, i hate to admit it, but the market is bearish.
For how long?
I'm not sure.
But trying to catch a knife without positive news, and the positive fake out pump being a statement with no legislation on it passing is scary.
We have the Crypto Summit on Friday, which I feel could be some short term relief and positive news headlines, however I think those too will trade much like the news we got over the weekend for the Reserve.
A lot of fluff, not a lot of direct action that will cause a positive move to sustain.
We need tarrifs to relax
We need cuts to begin
and we need the overall economy to show more positives, and less negative growth than we are seeing right now.
All in all, i'm not in any leverage trades here, sitting on my hands, and gonna let the market show a clear move before sprinting into something.
Good luck, and god speed comrades.




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My wife and I have some heartbreaking news to share: we lost our baby at 21 weeks
We’re devastated, and I’ll likely quieter while we take time to grieve and heal.
You may see me lurking when I'm looking for a distraction but family comes first
Thank you all for for the kindness you’ve shown us
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chefd retweetledi

Ross was just granted a FULL AND UNCONDITIONAL PARDON by @realDonaldTrump. Words cannot express how grateful we are.
President Trump is a man of his word and he just saved Ross's life. ROSS IS A FREE MAN!!!!!
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@notsoeasymoney Clemente wearing Jnco jeans and flip flops with socks 🤷♂️
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@notsoeasymoney Love your content @notsoeasymoney . Would love if you put these daily YouTube videos into a podcast daily. Would make it super easy to listen to
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i REALLY REALLY REALLY REALLY REALLY appreciate everyone that tunes in bright n early everyday.
I wake up, get to sit at my desk, and yap for 30min every morning about the market. What I'm looking at, my thoughts && ya'll rock with me.
It is beyond appreciated.
It's only January.
We gonna keep cooking.
Thank you all, always.
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Is anybody else feeling this way?
I’ll admit it:
I have severe PTSD from round tripping my 7-figure crypto bags back to low 6 figures last cycle. And my PTSD has only INCREASED from this bull run, which hasn’t been easy to navigate by ANY stretch of the imagination.
Every rally feels like a fake out to me. Every time my portfolio starts ripping, I’m not believing it and waiting for the next show to fall that sends my bags down 25%-40% in a heartbeat.
It takes weeks for tokens to move 100% higher and 1-2 days to completely erase those gains and send them lower than where they started at the 100% move.
Feels very much like 1 step forward, 2 steps back kind of situation.
I’m praying with every fiber of my being that this bull run isn’t finished. That BTC hasn’t topped yet. That alts still have one massive euphoric multi-month run left in them. That the FED doesn’t shit on our parade with their actions or their tone towards the economy and rates.
I’m having flashbacks of late 2021 when the fed came out and said they would start raising rates in 2022, and every dipshit “expert” crypto analyst I followed disregarded that and claimed that there would be an elongated crypto bull cycle bc “iNsTiTutIoNs & eL sAlvAdOrE aRe bUyIng nOw” so “tHis tiMe iT’s diFfEReNt!”
I keep telling myself this is Jan 2025, which is analogous to Jan 2021, and there SHOULD be a lot of bull run to go before it all goes to shit. The fed is still cutting rates at least for now. Trump comes in Jan 20th which should provide a huge boost for all risk on assets including crypto as he pushes for low rates and a weaker dollar again. And that BTC hasn’t shown much confluence of topping indicators to make the case that its topped out for this cycle.
But I don’t know if I’m telling myself a story that fits what I want to believe, or if I’m being logical. Or both. 🤷
I’ve said this to my friends and family before and I’ll say it again:
I HATE crypto bull runs. While I don’t LOVE bear markets, they are EASY to navigate once you know you’re in one. And they present incredible opportunities to research and buy projects that no one is looking at and no one cares about bc the whole world believes crypto is dead except the biggest degens like myself. Bear markets are just research, buy, hold, stake and chill.
Bull markets on the other hand are chaotic, vicious, and they make you second guess and doubt yourself at every turn.
“Am I in the right projects?”
“Shit! I missed that one and it’s up 10,000% in a month! How the fuck did I miss that?”
“Every token is ripping higher but mine. I don’t want to chase green candles but I also don’t want to miss the opportunity to be in a project that can retire me in a year”.
And then throw on top of that the tens of thousands of new projects popping up, most of which are rug pulls and scams.
Throw in crazy crashes, black swan events like Israel/iran, Covid, etc.
Throw in 8 month long dips and accumulation zones that tire you out and make you question whether you’re still in a bull run or not.
Content creators pumping this token and that token. And there’s simply not enough $ to buy them all and most of these KOLs are pieces of shit that want to dump their bags on you as exit liquidity anyway.
Bull markets are insane and so draining.
I can’t fucking wait to GTFO of this. Hopefully with life changing profits this time around. That way when I get back in during the next bear, it will just be with an amount of money that is negligible to me rather than my life savings.
This shit has aged me 10 years since the start of 2024.
Is anybody else feeling this way?
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