Important to remember that @Jason and @chamath probably hold a LOT of debt in the AI space (probably seeded some companies if not got in early) and the space looks shakey (in the short term because if Capex). They do have an inventive to keep the retail speculation going. So, them both shouting “don’t buy bitcoin:native, buy ai” isn’t a completely neutral call. They have bias
HOLY SHIT @Ripple have been approved as Ripple National Trust Bank by the @USOCC
drop-2:native keeps pushing. It's at resistance rn vs ripple:native Watching closely rn https://t.co/ySWrS3qwm6
This is why ripple:native memes are popping
ripple:native hourly and daily liquidity https://t.co/G5gnwE03V6
This is a concern
This is insane. The French 10YR to German 10YR spreads are blowing up. 50% more yield on a French 10YR bond vs a German, that pay out in the same currency. Something is coming here. French collapse? Euro collapse? Big stimmy cheque? All of these are eventually positive for crypto though imo
I gave you the level yesterday for bitcoin:native. It couldn't get the close above. I specifically said, daily or weekly close above this line. This is what played out and this is why our downside targets are back on and we are short ETH again. Trading isn't about being a prophet and knowing exactly where candles are going to go, it's about flowing with the market and watching key areas, then taking the trades the market gives, not the ones you "want".
bitcoin:native approaching an important level here if it can close daily / weekly candles above the $84,350 level then we probably start a move higher to the $90,000 level ish. IF that happens it'll mean the White A,B,C correction was accurate, we flagged this with a question mark. Still nothing certain yet, I'm watching for now. IF we are about to leg higher here, I'll be looking for entries on the volatile ALTs I identified a while ago. Specifically celestia:native and base:0x940181a94a35a4569e4529a3cdfb74e38fd98631. Bitcoin is our directional marker, then we try and catch ALTs that have been moving quickly or have momentum. I'll also still be bidding ripple:native at $1.22 if it is offered. If not, that's fine. I'm 95% spot ripple:native in my crypto portfolio anyway, it's my major of choice.
