⊠Updatesssss Leaning into the BTC strength with some SOL longs. Spot and futures CVDs looking good. Month end SOL weakness also behind us.
BTC skews also returned to long territoryđ (custom indicator)
Hearing meme volumes returning. ETHâs very own https://t.co/1fAEkOrqOf is picking up steam with itâs anti-sniper routing. Chucking in an ETH for funsies. These things crash inevitably, but last just long enough for people to feel fomo, so im gonna tag along for the ride. Burns not that impressive atm, but weâll see how it goes. https://t.co/i8zqOTbaN2
FET longs doing well. Topping the pair charts on sharpe and sortinos h/t @crypto_yuvi
ENA tokenomics out for szn 3. Still sucks. Adding ENA shorts. https://t.co/Xx7X4rJ8qO
đźÂ Positions ⣠Longing : SOL(âšadded) BTC FETđ„° BNB TAO ZRO TON ⣠Shorting : ENA(âšadded) MEME DYDX MATIC STRK ⣠Options · short ETH-25OCT24-2200-P · long ETH-6SEP24-2000-P(âšclosed)
đ Pear Update 2x Long SOL / Short DYDX : $139.9â$148.08 2x Long BNB / Short ONDO : 860.7â 851.3 Closed 2x Long BNB / Short ENA : 2,228.2 âšÂ Opened Capital : $1000 â $1785(+78.5%) Memes strong so swapping my rwa memecoin(ONDO) for ENA
David Friedberg makes a great point about WHY socialism is rising in the US on @theallinpod
US GDP is $25T Fed budget $7.2T + State and Local budget $4T = $11.2T
Gov spending now accounts for HALF of the GDP Half of US jobs are also reliant on the government so they naturally vote for a larger government; as seen in the statistic below.
The US has reached a tipping point where the government itself is its own majority political party.