Only few months from this post and market is catching up very fast with Ethereum's huge lead. Most important for short term $ETH price action though is the big shift of negative trends I described in the post. Huge players are allocating big $ETH. 5 digits $ETH is inevitable.

$ETH pumped from generational support $1.4k straight to almost ATH $4.8k in 4 months. I see CT calling this dump like it's over when it looks like natural profit-taking after an insane move in a bull market. Looks like CT is wrong again re $ETH

If you’re super bearish here (I’m not), short $HOOD vs long $COIN. I think Robinhood’s done a solid job as a company and I was long for a while (discussed here) but no way $HOOD MC (almost 100B) > $COIN MC (below 80B now) given the biz trajectory + financial numbers imo.

Coinbase’s staking biz massively undervalued rn. If BlackRock $ETHA gets staking approved (looking likely now), it would probably pick Coinbase as the most trusted infra by far. Direct ETF flow+ legal green light. 10M+ staked ETH in a few yrs seems very possible.. now imagine

Only few understand this now. $HOOD = brokerage. Nice app but Wall St DNA. $COIN = infrastructure. Google built internet infra → ads monetization FB built social → ads monetization Coinbase building blockchain infra → will monetize ONCHAIN. $HOOD ≠ $1T EVER. $COIN could.

Coinbase card is probably one of the best ever: 4% cashback (only 200K+ assets on Coinbase) and 2% even if no assets. But I hope that in 5-10 years I would not need a TradFi card and would mainly use Coinbase payment solutions (like in Shopify now) and pay directly onchain

Imo: stay safe this week. Markets priced a Fed cut (25 bp base case, some think 50). Feels like upside’s baked in with S&P500 4 months non-stop up only, wouldn’t be surprised by a correction if the Fed isn’t super bullish tomorrow. Also late-Sep/early-Oct vibes usually negative

This account’s mainly about crypto/stocks but can’t agree more. I spent years in big tech no way we be leading tech (by far) without H1Bs. Even Elon had H1B… imagine if he didn’t. Seeing this level of dumbness in the Republican Party, Democrats put a pure anti-Semite with zero

CT vibes aside Ethereum had an incredible 12 months: stablecoin MC ~doubled, tokenized T-bills + private credit hit $10B+, Coinbase BlackRock all in, Base onboarding millions, gas fees very low. The layers design looks winning big. $ETH price just starting to reflect this..

My first $COIN purchase ever "Plan to hold this one a long time" . 12B market cap and Dolev and Chanos were dumping on us. Imagine

Very hard to be bullish currently. -Big tech earnings show a massive increase in capex. -Valuations are already extremely high so a lot of downside if cloud growth slows. -War with Iran is a real possibility in the next few days/weeks, given US military assets in the region.

"High-growth rotating into undervalued yield is inevitable." $VICI 2% up and $QQQ down 2% today. Software stocks getting destroyed since the post below. $COIN is dragged down but I think will surprise many (but we may go first to 100-140$ range).

Yep CT thinks it’s conspiracy, but we’ve seen these flash crashes tons of times and every time they turned into a buying opportunity. Crashes happen because crypto still have relatively low liquidity (will change as the Street comes). 2K for $ETH looks like a great entry imo.

Thank you Jeff. This is my general thinking currently: As I mentioned in posts before, I moved to being generally bearish a few months ago and I think rotation from high-growth into undervalued yield will continue. Positioning-wise, I started this year with short "bubbly"

Dynamics described below happened very fast. $LINK 8% , $O 16 % ! $VICI 7.3% UP YTD already which is huge for REITs. Most software dump (e.g. $PLTR -22% YTD). Local crypto bottom after Iran war starts very possible soon (even this weekend)

"Local crypto bottom after Iran war starts very possible soon (even this weekend)" and it started this weekend. I see local bottom probably today / tomorrow. Iran is much weaker than some think.. US / Israel can win this easily.

Many thought WRONGLY the $ETH / $SOL / $COIN top would be much higher last year. Now everyone’s calling a July–Dec bottom. Already $ETH ~ 1850$, $SOL ~ $82. After the Iran strikes today, I’m starting to think we are maybe bottoming here. First big buy of the season today.