Trading since 2019 | Discipline over emotion
Self-funded. No hype.
I trade my own ideas and take full responsibility for every decision.
Not financial advice.
USDe/synthetic dollar narrative still one of the bigger DeFi stories, and buyback plan plus ending investor unlocks cut a lot of the sell pressure that was weighing on it. Holding above STL after the pullback👀
Solana's flagship Serum DEX frontend token, mcap sitting around $19-20M which is tiny for one of the earliest infra names on SOL. Up nearly 8% on the week and outperforming most similar FTX era Solana tokens which have been struggling to catch a bid.
Volume's been picking up alongside the move, if SOL flows keep rotating into the older infra plays this kind of lowcap could extend fast off thin liquidity👀
Restaking's the backbone narrative for ETH security infra, and EIGEN's been quietly outperforming with a solid 7d bounce even as broader alts chopped sideways. Rebrand to EigenCloud adding an AI/data availability angle too, giving it more than just the restaking story to run on.
Price holding right above STL after basing near recent lows, clean setup if ETH infra names keep catching bids into those TP levels👀
Restaking's the backbone narrative for ETH security infra, and EIGEN's been quietly outperforming with a solid 7d bounce even as broader alts chopped sideways. Rebrand to EigenCloud adding an AI/data availability angle too, giving it more than just the restaking story to run on.
Price holding right above STL after basing near recent lows, clean setup if ETH infra names keep catching bids into those TP levels👀
Chinese/Asia payments narrative names tend to move together, similar setup to VTHO and CKB, and ACH's been quietly building volume while staying under the radar. Payments infra with real merchant partnerships but priced like a nobody at this mcap.
Holding above STL with decent 7d strength already, if that same rotation that's been lifting VTHO and CKB extends this could follow into those TP levels👀
Key levels rn: holding above $78K keeps the retest of $79.7K-80.5K in play. Lose $77.6K and we're looking at $76K, maybe even $72K if selling picks up.
Why the pullback: US-Iran tensions have oil pushing toward $100/barrel, which isn't helping risk appetite. Sept rate hike odds jumped to 60%+ from 35% recently. CLARITY Act odds also dropped hard, down to ~16% from 82%. Add in miners offloading 28K-32K BTC to fund AI/HPC expansion and you get the current chop.
Watch this week: Wed brings the 10Y Treasury auction, Thu has PPI + jobless claims, Fri is CPI which is the big one for the Sept rate path. CLARITY Act Senate vote also on deck.
📌 Personal opinion, not financial advice. DYOR, risk tolerance varies for everyone.