Pre-sale meta quickly came & went. Racist meta quickly came & went. Celebrity meta will quickly come & go. The froth will be cleared & the quality memes will keep on going.

Most memes are already 40-50% off their highs. People recognizing the celebrity meta for what it is. Nonstop bickering on the timeline. Decent OI cleanse even on the majors. Everyone is talking about taking the Summer off, downside targets, & macro top. Peak doom & gloom.

Eid Mubarak & Happy Father's Day. What a coincidence that these two celebrations take place on the same date this year.

Meme Summer might just be starting.

The number of people that have missed out on memes & cheer on their demise everytime they have a correction is another factor to make me think they go much higher.

Everyone is so distracted rattling on about nonsense that they’re missing out on some great market opportunities.

Close those shorts. Final warning.

In terms of TA: The $ETH weekly chart looks great to me. $SOL & several large cap memecoin weekly charts also recovering & holding key MAs.

This is perhaps one of the top 5 worst CT environments that I can recall. There's neither any thoughtful market discussions nor any funny bantering with the characteristic CT humor. Optimism is nowhere to be found. Just rampant cynicism.

Do not fret. This is about to flip soon. A couple of green candles & nature will heal.

The people “flexing” wealth are short?

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67.3 & it gets spicy.

Macro doomers being carried out.

Crypto natives are well familiar with the money flow ladder of: BTC => Majors => Mid caps => Small caps But the ladder extends upwards as well, particularly post ETF: SPY / QQQ => BTC => …

Thus, expecting round of positive ETF inflows.

Interesting to see IWM catch a bid into the close as QQQ sells off.

Alt capitulation nuke soon?

Checking in. Been a hectic week IRL. Just when the market cools down, real life business opportunities start heating up. Have to maximize focus & minimize opportunity cost. Right now best served outside of crypto. Might not be posting as much for the next few months. GL🫡