Q12026 performance theme was cut losses early and let the winners ride. Traded mainly alts $TAO$ZEC$HYPE$SIREN. All done through @Phemex_official. Maybe we can get a partnership going @Federico0x ?
That might have been it. $1billion long liq a few days ago. $btc swiped 80k and defended. Think longs are a good R/R bet here. We ride $hype, $pump, $tao.
$ZEC about to close its first red weekly candle in forever. $VVV weekly closing red. $NEAR weekly closing red. People sitting in a lot of unrealized pnl before midterms November 4th. Not looking good for the privacy sector.
People are still midcurving $PUMP. Right behind $HYPE in terms of revenue produced. It’s priced at a $2billion market cap $4billion FDV. As crypto prices continue to trend up the more revenue pump will make. Memes aren’t going anywhere.
$TAO has been through so much FUD with subnets leaving in the bear and general terrible chop price action. However it reminds me of $ZEC before it ran. Zec overcame orchard FUD and Tao has overcome one of its biggest subnets leaving in the bear. Tao can run very hard.
$PUMP is still way too cheap. As the market becomes more bullish normies will try to play catch up by piling into memes. Think this rally caught most normies sidelined. Higher crypto prices= higher revenue for pump.
I see we're back to the ltf chop suey slow grind up, burj khalifa, followed by dalai lama, ad infinitum pa, before the breakout candle.
A 2018 classic.
