Some of the more successful narratives this season:

Solana memecoins(no vcs)
Ai agent memecoins(no vcs)
Hyperliquid(no vcs)
Dinos(long gone vcs)

Think there may be a pattern here...

2 year postponement of crypto taxes in korea.
God bless korea 🇰🇷
https://v.daum.net/v/20241201123608985

Spot is buying while perps are shorting
buyers : coinbase premium
shorts : decreasing funding rates(with increasing OI)

Great recipe for a squueeeeze

Feels like the first time in a very very long time that ETH is pumping without perps funding getting super aggressive

Think this indicates that people are still shorting ETH
With 1. heightened interest on CME open interest and
2. SOL narrative rotating to other chains
3. high signal traders longing ETH,
I think it could lead to some explosive moves for ETH soon...

Met a friend from the internets today in seoul
Chad on the internet chad in real life

heard eth was making a comback on the timeline today

In case we get a nasty rejection on 100k, i think these puts are pretty cheap for insurance
BTC-6DEC24-80000-P

small size, but proud of this one nonetheless

Soon there will be two types on people in the world.
Those that bought under 100k and those that bought above it.

Im seeing a lot of first cyclers trade out-trade multicyclers
Interesting phenomenon
Out with the old, in with the new i guess

in north korea, if you buy eth you get executed
(but you get medals for stealing it)

feel like SOL can flip ETH this cycle

439% on the day
WILD

who's gonna push us up towards 100k?
maybe my fellow koreans?

Want to time a short on WLD, but think the korean bid still isn't here yet.

gamma charts indicating 90k might offer some resistance

Options markets still pricing in 4k ETH for end of year.
I still think this is mispriced.

Overall in positive gamma territory atm(MMs selling against the trend)
But after the Friday expiry, we're back in negative gamma territory until 80k(MMs buying with the trend)

👉 80k by next week?

I love the way ATH air smells

It's time. https://x.com/hansolar21/status/1854010674885894648/video/1