Do we remember how old alts going parabolic was the end days signal of the bull

What if old trench coins are the new end days signal considering:

Who in their right mind trades high float alts

Market is fractionalized into:

BTC/Stable farming
Majors
Trenches (shit alts)
New tech (cool alts)

What if yesterday was a warning not a bat signal 🚨

Is a long winter coming for our digital assets?

At minimum, the weather is cooling.

• Rate cuts (lack thereof)
• Weakening soft data
• Trade war postponement, not truce
• Upcoming macro likely to hurt rather than heal
• LE.  (Liquidity Extraction)

basedmorning

Sometimes its important to pay attention to TradFi other times its important to turn off Bloomberg.  This is BTC's correlation to S&P. Notice crypto so far this year has been moving into a world of it's own.  This is the lowest correlation to equities (23%) since fall 2021.

As first formal cast I want to restate and share with the crew a tweet I wrote a bit ago:

To be risk averse in the face of ~ 

- halvening
- rate cuts
- presidency switch to red
- falling global currency value
- at the cusp of the most prolific growth in market & tech history with AI

Higher, for longer. Thend it.

Put the spread in the bag. HFT/Macro/Tech/Memes • Computer Engineer

N8

@0xn8