Celestia foundation raises $100M led by Bain Capital Crypto, bringing the project’s total amount raised to $155M — link

I think $ETH likely to outperform $SOL from here on Simply too hated, too unloved and everyone is so cynical about it, all while $SOL has become the consensus “blue chip” large cap to hold If I had $SOL, most likely will rotate to $ETH Just a gut feeling.…

The cat is gonna pop into ATH soon ?

Woke up to dying traders and rekt plebs because of the market dump and I couldn't stay away any longer. Also having trouble sleeping.

A reminder that the current scenario has already been given by me in May

Market is trying to find a higher low and has been chopping for months

Failure at 56.5k opens the door for 52k where it should find a more healthy bottom. Wicks below are possible but so is stopping short of 52k.

I also said 52k is more likely now because of Mt Gox

Total3 may actually need to run below gcr low now as this imbalance is always a core issue for ogs to feel like they are in control again and start bidding lmao

On the off chance that we have bottomed already, we will still be in a disgusting grind until probably late August to early September

Rotated a chunk of cashed out gains into a tech stocks fund

Roundtrip risk completely removed

Remaining capital in crypto will be used to chase outperformance

Still bullish crypto towards the end of the year.

I really have no idea what will happen in the short run (no one does), but mentally prepared for the scenario we head down towards the 50K region

That’s when I will be knife catching, ofc with the combination of a few other factors. Sounds bearish but I think this is the right frame of mind at the moment

Bitcoin forming lower highs multiple times for 4 months is unfortunately not a good look by any measure.

When we first tested 58K from the Mt Gox fud + Germany selling I really thought it was the bottom.

Invalidation happened for me when we went back to 63K and then immediately broke down to 60K. Not good at all. Ok I sound doom posting af please forgive me for I am now a dirty bear

Still a bull in sheep’s clothing, I will be bidding hard when the time comes.

If we bounce back, happy to buy back higher once we back to FOMO mode too

Think July will have plenty of buying opportunities but requires real patience

Current portfolio is concentrated in $PEPE + $WIF + $TRUMP

QCP Asia Colour – 27 Jun 24

- BTC continues to defend the 60k support level despite US Government transferring 3,940 BTC to Coinbase Prime after receiving approval to liquidate

Reasons why we think the 60k support will be defended:
1. German Government slowing down the pace of sending BTC to exchanges, with only 250 BTC being sent yesterday. Possibly indicating we are approaching the tail end of their current selling regime.
2. BTC Spot ETF finally reported net inflows of $52.4 million over the past 2 days after 7 consecutive days of outflows.

Trade Idea
With selling regimes appearing to start easing up and ETF inflows finally turning positive. One may argue Mt Gox release may have been largely priced in and its time to slowly start accumulating BTC.

BTC Accumulator
Buy BTC spot at 11.11% discount (54,000) every week

Expiry: 8NOV24 (20 weeks)
Strike: 54,000
Barrier: 66,000
Observation Frequency: Weekly

Spot Ref: 60,750 BTCUSD

On-Ramped abit more funds

Wanna make use of this dip to buy more discounted memes.

I think 3-4 months from now I will look back and thank myself. So many doom headlines and BTC can’t go below 60K is actually bullish. Still in the belief that sellers are exhausted, and we are due for a sector wide recovery to the upper range towards ATHs soon

NFA. I don’t have a crystal ball, pls DYOR

Elden Ring DLC out tmr for whoever plays it, can be another form of touching grass ?

Do whatever you can to prevent yourself from capitulating