Think many alts will go to zero the coming months

This market wide cooldown is a gift tbh

L2 space is very competitiv we have $OP $ARB $MATIC

arb has the liquidity+HL, base coinbase but what does $op have?

There is no need for so many L2

ETH fee structure improves aswell

I opened a short in $NOT next target $0.0051

$NOT has had a tremendous run in may and did a 5x in only 8 DAYS

usually this type of price movement is not sustainable

There is a famous quote "What goes up must come down"

I firmly believe NOT topped out here and we see it retrace the whole move

Why?

-VCs started to shill NOT at the top
-price action is looking like pure manipulation to turn retail bullish
-altcoin sector is beaten down bad I think we'll need some time to recover when altcoins range for a few weeks. In this timespan it is very likely to see notcoin loose more and more momentum
-I personally also believe that memecoins start to underperform from now and ETH + ETH Betas will start to perform due to the $ETH ETF and TradFI entering the space.

Let me know what you think about that!

Bought $INJ at $25.5 today

We saw hated altcoins like $AEVO or $XAI squeeze multiple %

Injective was one of the best performing coins in the first half of this cycle

Back then everyone posted about INJ so what changed?

Price went down

Usually this kind of price compression end up in a very big green candle, like we saw with ETH this month

I firmly believe INJ has its place in the space and is here to stay

If you think Injective is here to stay it might be a good time to be a buyer now!

$ETH is the only coin I am really interested holding in spot.

Stablecoin stagnation let me think that it's not the right time to hold huge altcoin bags.

Market is super rotational/pvp currently.

Think you are way better off, only holding eth here and trying to catch rotations on good alts in the short term.

Finding gems onchain might be a decent idea aswell if you are good at it but holding most of the altcoins that are listed on cex feels very off currently

I just bought $WLD at $5 today.

WLD is in contact with the argentinian government and posted this picture on X

Due to the 2,2% circ. supply the chart is looking like a mess and was a very interesting play for shorts the last few weeks.

Think this narrativ will be enough to at least squeeze many shorts out of the market, same as we saw with $PYTH $AEVO $ethfi

first target $7 let's ride

$AEVO still seems like the most solid short here

project has huge problems with finding it's userbase and exchange volume is close to 0 at this point.

privatisation of price discovery just killed this project as well as most of the other new listings this year.

happens, move on.

Honestly I think $DOGE is the best coin here

Due to the recent GME squeeze retail started to gamble again.

What’s the next stop here? Obviously the big $DOGE which is tradeable on all of the retail Neo Broker.

Opened up a long on $sol here

Chances are high that if we don't hold here we see new lows

Quite interesting to see what happens usually a bad sign that there are no liquidity wicks but worth a try anyway.

Fingers crossed

this is very unusual behavior on $hund

wouldn't suprise me if this trades 200% higher in 2 days from now

If I had to own one coin only for the next 6 month it would probably be $blur

same vibe as $fet when it was at $0.8

if NFT hype comes back (and we saw bored apes picking up momentum)

this one will lead the next leg up

massive potential

keep an eye on that!