north

@DonAlt Good troll. It’s a logic test, not a Keynsian Beauty Contest.

The red vs blue button debate is dumb You're a cunt loser should've been aborted if you press red You're a retard if you press blue Very simple

@cryptoklotz Building a portfolio of 90% btc 10% hype this year during the bear and not touching outperforms most next cycle imo.

thinking about "what's the most likely largecap to 3x" (under a hypothetical that we get something resembling another bull phase within the next year) is it just simply sol from 80 to 240? hl from 30 to 90? btc from 60k to 180k? (stifles laughter) eth from 2k to 6k? obviously prudent to own BTC, but i feel like altbtc pairs are entering a window of opportunity

@Trader_XO @r2_pete Thanks. I signed up early. No mention of Moonbeeg originally, is that a requirement? Can register if so.

@r2_pete @north2184 Yes

Quick update: All remainder invitations shall be sent out on Friday 2nd Jan First session commences on Monday 5th Jan Thanks

@blockchainedbb So you think we’ve bottomed based on that chart?

Good morning! Entering longs shortly ! Will close at 93.4k. This is a day trade!

@HashtagHumboldt @gumsays Then you’re in profit. Enjoy! TP some if nervous.

@gumsays Ok that sounds like for people who are in stables right now. What if you bought the lows just last week? Im a bit nervous atm tbh.

If this is still a bull market, things are going so high that it doesn't matter if you wait for a much higher price to buy If this is a bear market you'll punish yourself for years for buying the bounce tl;dr there's literally no rush to do anything right now

@gumsays Great perspective

@Bardstocks The same will eventually happen to MadLads.

It’s crazy that Tensor sold to Coinbase without any compensation plan for token holders or tensorians lol. Literally not a single holder is getting any piece of the equity deal, not even a buyout plan to make things right. Zero integrity. Shame on them. 👎

@Trader_XO @Crypto_Chase This is crazy.

Agree with you in the sense that I was expecting some form of relief bounce slightly higher up, before continuation lower down. But respectfully don’t quite agree with this not being technical… I think it’s a case of of large imbalance on the way up and there really wasn’t much on the way down. These moves feel far more impactful based upon the higher time frame - but always see these structures playing out on LTFs… The move we had is almost a textbook as per the schematic below - did I trade it well ? I did ok - but I could have done better on the last leg down from 96s to 82s Nevertheless fab work chase - I’ve enjoyed reading your takes on the market - keep it up brother

Overall update Alright, going to wrap up some thoughts here. I think we'll see a bounce this weekend, there has to be one eventually and trad-fi looks like it's shaping up to allow it. Technically, $BTC swept a demand/consolidation area, which are the type of longs I typically look for. With that said, I of course expected the higher sweep of consolidation to hold and for us not to go this low, but it would still make sense if we found a local bottom around here. Currently still in the $SOL long, going to allow that to run. I opted for SOL because I liked the sweep of the equal lows, still trying to prioritize charts. With all that said, it's come time for me to relax a bit. I tried and tried to make this work and this will likely be my last long until 60K's if we can't find a bounce. I think it's very clear that this price action is not technically based and is being caused by an entity or entities exiting crypto at a grand scale. People can say cope or whatever they want, but I've been here trading this PA consistently since 2017 and through all it's phases of PA, and this is potentially the most abnormal move I've ever seen. Zero bounces or squeezes whatsoever from any liquidity sweeps, HTF demand levels, fib retracements, etc. is just not something I see charts do. This is legit a 1 in a 1000 scenario in my opinion, that's the rarity of it from my experience. Anyways, think I've made my point, I'm glad that I only lost 1.5R on the down move. It could have been much much worse if I didn't do all those trims along the way (and I may potentially make it back with $SOL or may move to -2.5R), but that's fine. Worst case scenario, a -2.5% portfolio loss off nearly portfolio ATH's isn't the end of the world for a market that literally has no bottom and is being exited with absolutely unprecedented speed and aggression. Good luck all, I'll update when necessary.

The reason nobody is sure why BTC is pulling back is because everyone is looking for a single cause when this is actually a systems failure with multiple transmission mechanisms reinforcing each other. Here's what actually happened mechanistically: Bitcoin ran from $40,000 to $126,000 in less than a year on a very specific narrative: Federal Reserve easing cycle plus institutional adoption through ETFs equals sustained bull market. The market built up $94 billion in futures open interest, with some platforms offering leverage ratios as high as 1,001 to 1. That setup alone created extraordinary fragility. The trigger was simple but devastating. Fed officials reversed dovish expectations completely. The market went from pricing a 90 percent probability of December rate cuts to just 40 percent. Real yields on short term Treasuries stayed elevated above 5 percent. The entire macro story that justified Bitcoin at $126,000 collapsed in a matter of weeks. Now here's where the structural vulnerability shows up. The new ETF infrastructure that everyone celebrated as bringing institutional money actually created institutional scale sell liquidity that never existed before. When the macro narrative broke, institutions could exit with one click. We saw $1.1 billion in ETF outflows in just days. This isn't retail panic selling. This is professional portfolio managers rebalancing away from an asset whose fundamental thesis just evaporated. Simultaneously, long term holders who bought Bitcoin between $40,000 and $80,000 started distributing. They offloaded 815,000 Bitcoin in 30 days. These holders aren't selling because they think Bitcoin is worthless. They're selling because they see volatility ahead and they're sitting on 50 to 150 percent profits. Smart money doesn't ride drawdowns when they can step aside and rebuy lower with the same capital. Here's where it becomes a cascade. When price broke the $100,000 support level, technical stops triggered across the entire derivatives complex. Over $20 billion in leveraged positions got liquidated throughout October and November. Some single day events saw $3.2 billion wiped out. The liquidations themselves created additional selling pressure, which triggered more stops, which forced more liquidations. Open interest collapsed from $94 billion to $68 billion, but there's probably still more leverage that needs to clear. The critical insight everyone is missing: there are no natural buyers at these price levels. Institutions are rebalancing away from risk assets. Long term holders are waiting for lower prices to rebuy. Retail got scared off by the violence of the move. And new buyers won't step in until the leverage gets fully flushed and price stabilizes. So the market has to fall far enough to accomplish three things. Clear the remaining leverage completely. Reach prices where long term holders stop distributing and start accumulating again. Find the level where actual value buyers with real capital see opportunity worth the volatility risk. The $600 billion wipeout you're seeing is mostly the evaporation of unrealized gains that were paper wealth to begin with. When Bitcoin went from $40,000 to $126,000, that represented about $1.7 trillion added to market cap. A lot of that was pure multiple expansion based on a macro narrative that turned out to be wrong. Now the market is repricing based on reality: high real yields, no Fed easing, strong dollar environment. This isn't mysterious. It's textbook deleveraging dynamics in an asset with no cash flows to anchor valuation, extreme leverage ratios, and a macro thesis that broke. A 25 percent correction after a 215 percent rally with 1,000x leverage in the system is actually normal market behavior when the fundamental story changes. The violence of the move reflects the amount of leverage that was built up, not any change in Bitcoin's long term prospects. The real question isn't why did this happen. The real question is what price level actually clears the market and brings in genuine buyers rather than leveraged speculators. That's still being discovered.

@retiredchaddev @hylo_so Is this as simple as swapping hyUSD for sHYUSD and earning that sweet, sweet 13%?

Come to @hylo_so, my disillusioned brethren. Stop giving your money to tokenized hedge funds and disguised debt notes.

@swombat Generally found it all fine for Hollow Knight. For Silksong I got too frustrated and quit a third way through. Watched videos of later game and just knew it would be far too annoying.

I would find Hollow Knight a lot more fun if the difficulty was adjustable. Some of those boss fights are so infuriating that I end up quitting for a time (maybe permanently this time, we'll see). I'm 45, my reflexes aren't that good anymore.

@loopify Facts.

Max bid BTC at $50K mid 2026 and sell at $250K mid 2028

@gumsays So fucking tiring

Like what the fuck is this man smoking

@CryptoParadyme Same. Was accepting of 116k this weekend.

I was like 118-116k bearish not whatever the fuck that was

@gumsays He said he wants 150K BTC. I’m here for it.

At this point, I am fully convinced that market tops when Trump says so He literally said buy and markets have been seeing the strongest rally since covid with absolutely no pullbacks I firmly believe he is crazy enough to tell people to sell lmao

@DamiDefi BTC leads this month for sure. When that chills, the others will move.

Uptober will be led by: 1. $ASTER 2. $AVNT 3. $STBL 4. $APT 5. $ONDO 6. $FET 7. ??? 8. ??? What did I miss, CT?

Take notes for the final phase of this bull market 1/ Don’t DCA in. Dollar-cost-averaging works early in a cycle. At the end, time is against you. If you’re late, you need conviction bets. 2/ DCA out. On the way up, scale out. Don’t dream about selling the exact top — nobody times it perfectly. Secure wins instead. 3/ Focus on winners. Cut dead weight. Don’t waste emotional energy on bags that never recovered. Winners compound. Losers drain you. 4/ Don’t lock tokens. Staking rewards look good until your tokens are stuck while the bull ends. Flexibility is worth far more than a few extra percent of yield. Liquidity is freedom. 5/ Rotate less. This late in the game, chasing every narrative leads to overtrading. Sit on your hands. You can’t catch them all. Accept missing some. 6/ This is a marathon, not a sprint. The people who make life-changing gains are the ones who preserve capital into the next cycle. Survive first. Wealth is built over multiple cycles. 7/ Don’t baghold exit coins. When it’s time to leave, don’t wait for tokens that “didn’t pump yet.” Some coins never pump again. Hope is not a strategy. 8/ Cash out regularly. Don’t wait for “the big exit.” Take profits steadily. Build trust with your bank — you’ll need them for bigger moves outside of crypto. 9/ Concentrate your bets. Over-diversification kills upside. A 100x on $5 won’t change your life. Position sizing matters. Focus on high-conviction plays. 10/ Remember volatility. Near the top, swings are violent. Don’t let green candles make you greedy or red candles shake you out. Stick to your plan. 11/ Narratives move fast. AI, gaming, RWA, memecoins — narratives rotate weekly. Don’t chase them all. Stick to a few strong themes and ride them with discipline. 12/ Think outside crypto. Use this cycle to set up for the next phase of your life. Real estate, businesses, equities — crypto should fund your future, not be your only future. 13/ Know when enough is enough. Greed kills more than fear. Have a number where you’ll say “I made it” and commit to it. 14/ This isn’t your last shot. Cycles repeat. If you miss this one, there will be another. Stay liquid, stay disciplined, stay alive. 15/ The bull makes you rich. The bear keeps you rich. Don’t blow it all just because the market feels invincible right now. Discipline is more powerful than luck. Let’s make the best out of it🫡

@udiWertheimer If it does that, that’ll be top. Would happily take a 160K top this cycle though.

once bitcoin breaks $125k i expect $160k within 3-4 days

@gumsays @SolanaFndn Huge. Congrats.

Excited to announced I have joined the @SolanaFndn as a growth advisor I will be splitting my time between protocols I already work with personally, and protocols on behalf of the Foundation Feeling blessed, went from a micro account writing threads on Solana protocols in the 2022/23 bear market to now being able to learn from the best and meet the people building the future of finance (which is on Solana btw) Never stop tweeting.