Crypto Positions Update
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This is a quick update with a new long. Will do a longer update later in the week.
Everything mentioned in the update yesterday is still relevant so refer to that.
BTC is looking weak but
it could still just chop while Alts continue to rip.
Remember even a fortnight of ripping alt season is sufficient to make outlier returns.
Memecoin picks have been on fire and these are less than a month old longs.
WIF heading towards a 50x
CIRCLE 30x
POPCAT 5x
They are looking primed for a lot more.
Bulk of the action and narrative continues to be in SOL and its ecosystem
Here is another long from the SOL ecosystem
ORCA
Its a dex play. With JUP airdrop soon, dexes narrative is likely to heat up and ORCA will be one of the key beneficiaries.
Use the swing low on 8H as invalidation.
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