local top?

pleased with how the thesis leg up before local top? played out.

most of the timeline is eager to short simply because the "4-year cycle" dictates it.

price hasn't rolled over yet. in fact, things are aligning for a

climax move before a meaningful local resistance top kicks in.

btc 80-85k should do it.

alts, dinos, and memes are looking primed to rip.


btc also touched 82k.

the alts plays mentioned ZEC XMR PENGU NEAR had great couple of weeks.

now the timelines very excited about longing and risk on.

while this alone shouldn't be a reason to be bearish.

seeing some signs of momentum waning and exhaustion.

couple that with tradfi SEMIS are severely extended, and AI investors are operating in pure euphoria.

taking chips off the table and playing risk off / defense makes more sense.

will reassess the situation after the pullback.

will post the charts in the next update.


see you in the next one.

Subscribe to Web3Quant

Don’t miss out on the latest issues. Sign up now to get access to the library of members-only issues.
jamie@example.com
Subscribe