Trading since 2019 | Discipline over emotion
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Not financial advice.
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👀
⚠️ A warning most CPI posts won't give you today: the real risk isn't Bitcoin, it's ALTCOINS.
Here's a stat that just flipped and it should be on your radar 👇
📊 Altcoin perpetual futures open interest has passed Bitcoin's, first time since Dec 2024. Roughly $40B sitting in alt OI vs BTC's $23.9B, with Zcash alone carrying a record $2.4B on the back of its recent surge.
Translation: while BTC chopped range bound in the high $77K to $79K zone this week, leverage quietly stacked up in alts instead. That changes the risk math for today's CPI reaction.
Why this matters right now:
🔹 High leverage + a market moving event (August CPI, out today) is the perfect setup for violent liquidation cascades
🔹 Alts tend to move more than BTC in both directions on mornings like this, amplified up AND down
🔹 BTC is currently defending the $76.8K to $77.6K zone. A hot print risks a push toward $76K, a soft one opens room back to $78.7K then $79.6K to $80.5K. Over leveraged alts can easily double that swing in minutes
So if you're holding leveraged alt positions into today's CPI print, understand what you're walking into. This is exactly the environment where accounts get wiped, not because the thesis was wrong, but because the leverage was too high for the volatility.
My take: today rewards patience and low leverage, not heroics.
Are you holding alts into CPI, or sitting in cash/BTC? 👇
Solana DeFi waking back up, Orca just ripped double digits and RAY caught a bid right behind it, JUP's the aggregator sitting in the middle of all that flow.
Whenever ORCA and RAY start moving together like this JUP tends to follow since most swap volume routes through it anyway, still well off ATH tho so room left if the sector keeps rotating 👀
Lido's still the biggest liquid staking name on ETH by a mile, and staking infra tends to catch bids whenever ETH itself leads the market. Been grinding up over the past week already, outperforming a lot of the broader defi basket.
Structure's holding well above STL after basing near recent lows, clean setup with room to run into those TP levels if ETH stays strong and liquid staking narrative keeps its bid👀
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.
Jito's the MEV and liquid staking backbone of Solana, JitoSOL captures a big chunk of SOL's staking flow so this one's tied directly to SOL activity. Whenever SOL ecosystem gets a bid, liquid staking and infra names like JTO tend to catch a leg too.
Still well off highs but holding decent volume for a governance token, if SOL keeps leading this could be one of the names that follows the rotation👀
$DASH pump so much. Set entry = your stl, to get TP higher.
#DASH
Avo Trade
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උසබ තත්ත්වය
📡 $DASH
✅ TP: 71 / 78 / 95 ❌ STL: 58.5
Old school privacy/payments name, mostly forgotten for years but this bounce has real volume behind it, running well ahead of the broader alt market this week. Names like this tend to move fast off oversold levels since orderbooks are thin af.
Clean reclaim after the 20-30% flush from highs, holding above STL is the tell this recovery has legs rather than just a dead cat bounce, room to run into those TP levels if momentum keeps building👀
Solana ecosystem's flagship Serum DEX frontend token, mcap sitting around $20M which is tiny for a name that's been building infra on SOL since the early days. Solana names tend to run in packs when that ecosystem gets a bid, and FIDA's been lagging the broader SOL alt move lately.
Volume's been picking up though, decent 7d gain even with a choppy daily. If SOL flows rotate back into the older infra plays this kind of lowcap could catch up fast👀
Solana DeFi waking back up, Orca just ripped double digits and RAY caught a bid right behind it, JUP's the aggregator sitting in the middle of all that flow.
Whenever ORCA and RAY start moving together like this JUP tends to follow since most swap volume routes through it anyway, still well off ATH tho so room left if the sector keeps rotating 👀
RWA tokenization narrative keeps getting bid whenever regulatory/compliance news hits, and Dusk's positioned right in that lane with the privacy plus compliance angle. Up double digits on the day and outpacing most of the broader alt market, mcap's still tiny at ~$44M for a name that's been building through multiple cycles.
Chart's showing real strength this week, if RWA stays a talking point this kind of lowcap can keep extending fast off thin liquidity👀
Daily chart's showing a breakout retest here, price reclaiming the range it broke out of and coming back to confirm before the next leg. L1 names tend to catch bids in waves, if Sui/Sei type ecosystem tokens keep running APT's setup lines up with that same rotation.
Structure's holding well above STL after the retest, clean risk/reward if the breakout confirms and buyers step back in👀
Old school privacy/payments name, mostly forgotten for years but this bounce has real volume behind it, running well ahead of the broader alt market this week. Names like this tend to move fast off oversold levels since orderbooks are thin af.
Clean reclaim after the 20-30% flush from highs, holding above STL is the tell this recovery has legs rather than just a dead cat bounce, room to run into those TP levels if momentum keeps building👀
CRYPTO MARKET UPDATE: MACRO AND POLICY DRIVING THE TAPE, NOT FUNDAMENTALS
BTC's stuck consolidating $77.5K-82.2K, trading near $78.5K after a strong August rally lost steam. ETH sits ~$2,480, SOL ~$103. Momentum's cooling but not broken, still up over 20% on the month.
Biggest thing pressuring price rn is the Fed. Odds of a September rate hike now sit above 60%, a sharp flip from the rate-cut optimism that drove the August rally. Strong August jobs data and sticky inflation are the culprits, and the market's rotating into risk-off mode ahead of the meeting. Rising oil prices and a spike in the 10Y yield are adding to the pressure across risk assets broadly, not just crypto.
Regulation's the other big swing factor. The Clarity Act, the major US crypto market structure bill, faces a critical procedural vote on Sept 15. Needs 60 votes to advance and sentiment on Capitol Hill is leaning pessimistic, a failed cloture vote would hit altcoins hardest given their regulatory exposure. On the flip side, SEC's new "Regulation Crypto Assets" proposal and the SEC/CFTC joint initiative on leveraged crypto products point to a friendlier long-term framework regardless of Clarity's fate.
Net take, this is a headline driven market rn, not one moving on fresh onchain fundamentals. Fed decision and the Sept 15 Clarity vote are the two catalysts that matter most this month.
📌 Personal opinion, not financial advice. DYOR. $BTC