The Markets Unplugged (@crypto_unplugd) header
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Crypto markets, explained plainly. Every call scored in the open: hits and misses, monthly. Public Telegram - Order Flow Updates - https://teapaw.org/t.co/PNEw7v7H0m

Global
Joined March 2021
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Usage first. Narratives later. teapaw.org/AskCryptoWealth/status…
200 alt coins made into The Desk today.. 68% have been scored for usage… Target to get to 90% before release.. Sector analysis daily
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The bid at 75.5k got filled twice and held. The Tape shows who is defending this range. teapaw.org/DrCrypto47/status/2119…
Someone keeps refilling the $BTC bid at 75.5k... Filled twice today. Price won't go through it
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Most alt research is a chart and a hope. The Alt Intelligence Desk starts with who is actually paying to use the chain.
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Miner revenue is 8% below its one-year average. Cycle lows come with squeezed miners. Cycle tops come with rich ones.
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Long-term holders spent coins at a loss this week, about 4% under what they paid. Patient money giving up coins below cost is not how tops are made.
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"The average holder is in profit" can hide a group that is badly underwater. An average blends long-term holders on large gains with recent buyers on losses. The information is in the split: losses concentrated in the newest coins while older ones hold firm.
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Recent ETH buyers in profit: 27%. A month ago it was 68%. The October chasers are holding the loss.
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Bitcoin fell from 84k to under 76k in two weeks. The Bitcoin Barometer zone hasn't moved once: accumulation, every reading.
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Count what ships, not what is promised. A roadmap costs nothing to publish. A live product has users, readable code and a record of working under load. Value what exists today. Treat the roadmap as an option, not an asset. Project checks, 3/4.
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One more push into year end, a proper pullback, then the bigger move in 2027. That's the plan we've stated since summer, and we'll grade it in public.
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The Markets Unplugged retweeted
200 alt coins made into The Desk today.. 68% have been scored for usage… Target to get to 90% before release.. Sector analysis daily
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Bear market? Bitcoin is still 12% above its 200-week average. Real bear markets ended at or below that line.
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VIX at 25, dollar flat on the month. Bitcoin is trading the stock market's nerves this week. The cycle read has not moved.
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Stablecoin supply is down 6.8% in a month. Cash is leaving, not arriving. Every season call this week ignores that.
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Hashrate is over 1,000 EH/s while price bleeds. Miners keep plugging in machines. Anyone waiting on a miner capitulation is watching the wrong thing.
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Top-calling bingo is open to all, and nobody has ever lost. Call a top every week and one of them lands eventually. The other 51 are never mentioned again. A top call worth reading names what would prove it wrong. Before the top, not after.
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Fear index at 25. Extreme fear on a week Bitcoin lost about 5%. Panic is running well ahead of the data.
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Alt seasons start after most people have given up on them. Both of the last two did.
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The Markets Unplugged retweeted
This Trendline didn't get many touches before Trump came into office.. Since he came in we had the Tariff tantrum into the Iran War ending into his capitulation at the midterms.. Now hopefully we can get a touch at the top now..
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Three days of big swings and Liveliness has hardly moved. Long-held coins are staying put. The shaking is coming from newer hands.
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