Max retweeted
BTC made another low overnight, and the bounce has already lost ground. We’re still cautious.
On Binance spot, we’re watching $76,400 above and $75,200 below. Reclaim $76,400 and hold it on a retest, and the recovery becomes more credible. Break below $75,200 and struggle to reclaim it, and sellers remain in control.
Spot selling has eased over the last few hours. Buyers haven’t done enough to reverse yesterday’s damage.
Zcash is holding up better than BTC, but its overnight bounce has faded too.
US jobs data lands at 8:30am ET. We’d rather wait for a recovery that holds than chase the first bounce.
Max retweeted
Coinbase Premium hit a 4-year low.
The last time it was this low was in Nov 2022, right after the FTX collapse, when BTC bottomed.
Market sentiment is bearish enough to be bullish, imo.
Tldr - bid the major now before we go higher
jarvis activate 30 day dca and spot buy strong leading majors
look out for any capitulation spots and bid even harder
ignore all noise as we acquire assets that will be higher next year
remove all emotions and execute thoroughly
definitely do not pay attention to ct (they consume too many pills, trade 1 min chart and levered up to their eyes)
make no mistakes
9
Max retweeted
When I say the bear cycle is over, I mean the odds of breaking the previous low (~$58K) are significantly low. It's not a TA call that price only goes up from here.
On-chain PnL metrics point to seller exhaustion. OG whales have mostly stopped selling, and fresh capital keeps coming in, as reflected in the rising realized cap.
Macro looks weak, but with BTC sitting near the ETF cost basis, I doubt ETF outflows alone can break that low.
What would change my mind: realized cap inflows stalling and OG whales selling again.
One caveat. This framework worked when cycles were driven by whales and retail. With TradFi liquidity channels now in play, OG whales might not have the final say anymore.
Max retweeted
Don't confuse a bull market correction with a bear market. Bitcoin is still in the early bull phase. BTFD.
Be careful! He’s gonna be bigger than you soon @mostafamortada_
Not my usual style to post half naked photos, but what the hell... 🤣
Also 49, no AI, no photoshop, pure human labor.
I encourage people to compete on health, not wealth rankings or lambos.
More health, more family = true wealth, and happiness.
1
27
Max retweeted
@deltaliquidity rev up 14% day on day for the first day of oct.
Is rev picking up again?
Repricing would be nice
Max retweeted
ZEC to $15,000, Organic vs Rewards Memes, And Our Exact Buy List with Levels teapawt.net/i/broadcasts/1RJjpbvnv…
Max retweeted
Bitcoin closed above the May high, which is technically a point for the bulls, and the burden of proof remains with the bears to prove otherwise.
Given that BTC is still <1% away from the May high, it makes it hard to jump to conclusions going into Q4 (as much as I would like to do so). I thought that maybe by now it would either have accepted back below or be much higher, but instead price has barely moved.
Usually after passing the 50W like in 2019/2023, BTC then runs 20-30% within 1-2 weeks. This time, the move has been much more muted, probably because of fears over seasonality and yields heading higher (which is often bearish for long-duration assets like crypto).
Kind of a frustrating time to be honest, because on one hand what makes sense to me would be weakness into Q4, but BTC continues to show strength, making me sincerely question that view. And historically, the weakness often starts before Q4 arrives (which it has not yet so far this time).
I suppose I should be less deterministic about my views going forward, as this whole move has been extremely humbling.
Max retweeted
The meme crypto game lately has been does the coin have a dream big enough that the people thinking they are early because they see a 10x are in reality my exit liquidity.
Last cycle it was cool because lots of people weren’t burned before, this cycle the game changed. No one really is willing to hold, too many people burned. And trust is at all time lows.
Do we do a full circle and drop all this new technology and bring back holding being cool and go back to how it all started with one insane runner?
For now I’ll stick to utility and majors.
Max retweeted
looking to assemble a team of meme veterans who know how to hold stuff to $1b+
like we once did with WIF, SPX, POP and even AURA (that ran to 250m at the beginning of a bear)
theres way too much PvP atm and nothing is ever going to full send if we dont take a stance
having quality holders will beat anything we've seen so far, it will need to be OG's not new kids with 1 day hold times who rugged GP at $30m or JACK at $6m ffs
and the icing with getting stuff to run to $1b+ it creates a PvE flywheel that brings newer entrants and oppportunities
we know the $1b+ club is out there and seen it play out every cycle
'be the change you want to see'
Max retweeted
Delta discord just crossed 1,000 members.
Holder verification is now live.
Connect your wallet, verify ownership, get your tier role, and access degen calls, LP scans, Delta Degens, and volume monitors.
Tiers
Whale ≥ 2,500,000 $DELTA
Shark ≥ 500,000
Dolphin ≥ 50,000
Shrimp ≥ 5,000.
Our official Discord server:
discord.gg/deltaliquidity
