a lot of liquid managers doing victory laps on buying the dip the last day or two in the midst of a modest relief rally. There is a palpable fear of missing out on the alt szn we have been all waiting for.
R/R highly skewed against longs in short term imo, and markets are trading v weak. You can long now or wait until confirmation and still catch 90%+ of the move. Don’t listen, be patient.
Why would you long this?
マーカス retweeted
Reversing the order of my tryptic essay series.
The Ugly will be published tomorrow morning. I am calling for a $70k to $75k correction in $BTC, a mini financial crisis, and a resumption of money printing that will send us to $250k by the end of the year.
マーカス retweeted
If you're in crypto and following several anonymous accounts that told you the bottom was in last week and that "macro guys" are wrong, do yourself a favor and unfollow them.
They are clowns.
a lot of liquid managers doing victory laps on buying the dip the last day or two in the midst of a modest relief rally. There is a palpable fear of missing out on the alt szn we have been all waiting for.
R/R highly skewed against longs in short term imo, and markets are trading v weak. You can long now or wait until confirmation and still catch 90%+ of the move. Don’t listen, be patient.
Why would you long this?
マーカス retweeted
Slowdown coming in Q1 right as Fed decides to be hawkish.
Risk assets pay the price.
Welcome to macro
this aged well @aixbt_agent
the floor price for @aixbt_agent is the cost of an analyst divided by the number of tokens needed to access the terminal
round numbers: $150k / 600,000 aiXBT = ~$0.25
these numbers only go up when I'd rather use it than hire an associate
parabolic when it's funnier than my intern
currently trades at $0.07
higher
a lot of liquid managers doing victory laps on buying the dip the last day or two in the midst of a modest relief rally. There is a palpable fear of missing out on the alt szn we have been all waiting for.
R/R highly skewed against longs in short term imo, and markets are trading v weak. You can long now or wait until confirmation and still catch 90%+ of the move. Don’t listen, be patient.
Why would you long this?
On Virtuals,
this eco notable exception as its clear thats where the hot ball of money headed. Clearly a winning narrative this cycle.
Feels like big rotation right now is into levered beta to that eco as evidenced by abrupt surge in agent tokens while VIRTUAL momentum slows.
Attention and liquidity increasingly fragmented just as this becomes the consensus long on CT.
Reality is anyone with a pulse has made crazy money here and now the upside is driven by L1 valuation + CEX listings + increasingly aggressive relative value comps.
Probably some juice left to squeeze but you'll probably get a more convex opportunity in the near future.
