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Zms14
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$TAO
is a very volatile but fundamentally secure project. For those scalping or swing trading, keep your eyes on TAO.
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$TAO
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$BTC and stocks rallying after the positive announcement by Mexico’s president.
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For reference $100 invested in OM on 1st Jan 2024 would've been $11,000 today and it's not even a memecoin. So applying the same thesis for the upcoming coins within the RWA sector (chex,cpool,ondo) as trillions of dollars worth of assets are sidelined waiting to be tokenized if the regulatory easing continues. $OM
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Market Update 31st Jan : My base case would be that we won't immediately break to new highs on BTC, however we have clearer macro waters now (for a little while at least) and saylor bidding billions which should at least provide markets with support over the next few weeks. Altcoins have room to breathe as long as BTC isn't threatening to break down and looks somewhat stable, *but will still be very rotational and pvp imo so gotta stay tactical and selective with regards to asset selection* there will always be pullbacks so avoid fomo. I think Btc will operate in terms of liquidity/macro and adoption cycles exclusively now, no more halving cycles. Alts too except its more about "attention" than adoption on the individual level, which leads to altcoins being more rotational and having quicker boom-bust cycles within the broader trend (for now, but maybe that changes in the future) The overall market looks stabilized right now. With powells dovish tone, and pro crypto comments. Also he hinted at an urgent shift towards QE if needed (very strange), overall stance was very dovish. I believe it was trumps fear and pressure that changed his tone otherwise rates pause is usually led by hawkish comments by the FED which nukes the markets (as we saw in the prev FOMC meeting). To summarize, clear skies ahead in the near term and all eyes on BTC and ETH to help determine the overall altcoin market trajectory. #Write2Earn $BTC $ETH
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