Stop Leaking Your Trades‼️ How Nillion’s Covenants Actually Solve Front Running on Ethereum
The biggest flaw in public blockchains isn't throughput it's that every transaction strategy, limit order, and intent sits totally naked in the mempool before settlement. Predatory MEV bots, sandwich attackers, and front runners profit off our visibility every single day.
This is why Nillion’s core product, Covenants, is such a critical leap forward, especially with the Dusk release now live on Ethereum mainnet.
What I find most revolutionary about Covenants is the shift from reactive zero knowledge proofs to active condition gated blind computation. Traditional smart contracts force you to publish parameters upfront. Covenants allow developers and traders to seal data, logic, and conditional execution triggers directly onchain. The network computes on the encrypted payload without ever decrypting or revealing the underlying parameters to the validators, MEV searchers, or the public.
Consider a practical execution scenario:
instead of submitting an order route or dark pool commitment that bots can sniff out and front run, a covenant holds the trade parameters in a blind state until an exact, cryptographic condition is satisfied. The moment the condition triggers, settlement occurs deterministically without exposing your price limits, strategy logic, or target liquidations beforehand.
With Dusk on Ethereum mainnet laying the foundation for Nillion’s 7-era roadmap, Covenants aren't just theoretical privacy models they give developers an off the shelf primitive to plug confidential intent execution straight into existing EVM dApps. It bridges high assurance privacy with native Ethereum liquidity, turning blind computation into a standard utility for decentralized finance.
Huge milestone for the ecosystem. Excited to see where the 7-era roadmap takes us next! Lets Gooo @Nillion
$LINK on 8h is giving a clean decision setup. The chart has 22 active lines: 11 support and 11 resistance. There are also 2 visible pattern zones, so the next move is likely to come from a real pressure area, not random noise.
The simple read: price needs to prove which side is stronger. If buyers keep defending support and push through resistance, momentum can expand fast. If resistance rejects again and support breaks, the same setup turns into a trap for late longs.
Strong pivot count: 11 support / 11 resistance. Current structure: support and resistance are balanced. Watch the next reaction near the closest line; that is where the chart should show its hand.
💥💥 According to Lookonchain monitoring, Arthur Hayes is selling tokens worth $22.28 million, including 6,400 ETH worth $15.2 million; 14 million ENA worth $2.76 million; 323 thousand UNI worth $2.24 million; 1.89 million ETHFI worth $1.23 million; 546,609 AERO worth $398 thousand; 120 thousand PENDLE worth $244 thousand; and 3 million ZAMA worth $214 thousand.
In response, Arthur Hayes posted that he has fully liquidated his directional portfolio, taking profits on ETH, ENA, UNI, and other altcoins.
💥💥 Wedge Breakout: Gold Retests Ascending Trendline Support
Analyzing the Gold weekly chart structure, price action recently broke out above the black descending wedge resistance pattern.
Following the breakout, price action initiated a strong expansion move toward higher technical levels before undergoing a corrective pull-back to retest the multi-year purple ascending trendline support. Currently, price action is consolidating along this key purple trendline support zone.
A sustained hold above the purple ascending trendline support could potentially allow price action to regain upward momentum and target upper resistance boundaries.
To preserve this bullish wedge breakout structure, maintaining price action above the underlying purple ascending trendline and lower black horizontal support floors remains the most critical factor.
🌼🌼 $PEPE just broke out after nearly a year of accumulation.
the weekly chart shows price holding a base near the same levels that formed in 2023. That earlier base resolved into a breakout that ran about 17x. The current structure is marked as the same base, with price now pushing through the horizontal level around $0.000005.
Pepe is trading near $0.000005 after a double-digit move today. Its all-time high sits at roughly $0.000028 from December 2024. A full return to that high would require about a 5.5x advance from current levels, short of the prior 17x but still a large move at a multi-billion market cap.
the pattern matches. The conditions do not. The 2023 base formed when PEPE was a new token with thinner liquidity. This base has formed after a full cycle, a large drawdown from the 2024 high, and a longer stretch of sideways trade.
the chart shows the breakout. Whether it produces a comparable advance depends on whether volume expands and whether the broader market keeps supporting higher-risk tokens. The prior run is the reference. It is not the guarantee.
$DASH has rebounded toward $54.14 after a strong move from the $50 area, but the broader 1-hour structure still shows earlier selling pressure. Price could face another rejection before deciding its next direction.
The immediate support zone sits at $49.50–$50.40, while resistance lies around $57.10–$57.80. A move higher could test the upper zone, where sellers may step in again.
Watch for a rejection near resistance and a possible return to support. If Dash loses the $49.50–$50.40 zone, downside pressure could increase, while a sustained break above $57.80 would challenge the bearish outlook.
BTC held the $80K support, closing the week down just 2%, while Nasdaq fell 5% and the semiconductor index dropped over 11%.
BTC has now closed above the 50W MA for 5 consecutive weeks despite the US market correction. As long as it holds the 50W MA near $76.1K, the bull run remains intact.
Solana switched consensus engines and the chart remembers the hour
mainnet switch for about 14:00 UTC on Oct 21, with finality targeted at roughly 150ms, and the dotted line marks it. $SOL pushed to 109 within hours, then slid back onto its shelf.
Solana's own account has already moved on to $5T in stablecoin volume this year, while long/short sits at 2.7, so the crowd is leaning long into this shelf.
Does sol hold the shelf or give it up? Tell me below 👇
💫✨️ $BTC Loses Support — Short Term Rebound Before Another Drop?
Bitcoin surprised traders after breaking above $84,000 with strong momentum, only for the rally to reverse quickly as rising oil prices and weakness in U.S. equities pressured risk assets.
Technical Analysis
Bitcoin is now trading below the Support Zone($81,950-$82,960) and near the key $81,600 trading level.
I expect a short-term recovery toward $82,400 and the Cumulative Short Liquidation Leverage($82,580-$83,040).
However, if the rebound develops with weak momentum, renewed selling pressure could push Bitcoin lower toward $81,030 and the Cumulative Long Liquidation Leverage($80,960-$81,400).
Stop Loss(SL): $83,400(Worst)
Oil and U.S. equities remain important drivers of Bitcoin’s short-term direction.
Can Bitcoin recover toward $83,000 first, or will sellers push it below $80,000?
If you found this analysis useful, follow for more.
💥💥 Tesla and SpaceX could put 30,221 BTC on one balance sheet. So is Musk building the next Strategy?
Musk backed the merger idea on SpaceX's Q3 call. Both companies have formed independent committees to look at it. No terms agreed yet, he said calling it a certainty would be "overstating it."
Now the coins.
SpaceX disclosed 18,712 BTC in its IPO filing. Tesla reports 11,509. Both figures as of June 30th. Combined that's roughly $2.5B and would rank sixth among public BTC treasuries.
But look closer before getting excited.
A merger only combines existing coins. Neither side has signaled buying or selling more. Against a deal valued above $3T, that entire stack is under 0.1% of the combined entity's value. It's also less than 4% of what Strategy holds.
Strategy is a bet on Bitcoin. That's the whole product.
This would be a rockets, cars and AI company that happens to own some Bitcoin on the side. Very different thing.
The comparison flatters the narrative more than the numbers do.
What's actually worth watching, shareholder votes, how the accounting gets treated, and whether SpaceX's historically quiet stack ever starts growing. That last one is the signal that would actually matter.
Until then this is interesting, not transformative.
$BTC REJECTION BELOW $85K.. Sellers Are Gaining Control
Price is trading around $84,281 after facing rejection from the $84,757 - $85,200 resistance area. The recovery is losing strength, while $84,000 is now the key level to watch for confirmation of further downside.
If price breaks below $84,000 with selling pressure, the pullback can extend toward the lower support levels. Until the resistance zone is reclaimed decisively, the short setup remains favored.
Don't try to force an outcome or get biased when we're trading inside a compressed range like this.
If anything, look for quick scalps from the range highs/lows.
This is one of those times where you gotta play level to level and wait for the PA itself to show its hand.
We're inside a symmetrical triangle, which can break out in either direction.
However, if we zoom out, we're bouncing after clearing some of the imbalance created on the 1D/2D during the previous leg up.
Inside that imbalance, we printed Wave D on TOTAL 2 and completed the ABC correction as well.
So technically, we should now be inside Wave 1 of the next count.
But for an impulsive move towards the upside, we need to reclaim Wave B on TOTAL 2 at 82.5k.
So far, we haven't seen a substantial higher timeframe close above it, which keeps the possibility of a bearish breakout from this symmetrical on the table as well.
From a Weekly/Monthly perspective, I still don't see anything pointing towards a reversal.
This move down is a bullish pullback, and nothing about my HTF bias has changed.
Worst case we see 76k-74k before higher, And that will likely be the last time we'll see those prices.