Woetoe

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$SMH held $600 for the second time in three weeks.
Same level, same bounce. And crypto bounced from the $59K zone in the same window.
Semis and crypto have moved together all year.
The correlation is still the trade.
SMH2.42%
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$AAVE up 15% today.
DeFi protocols front-run the alt rotation every cycle. UNI did the same last week. EIGEN the week before.
At $82. June low was $60. Above $95 the chart opens up.
Yay or nay?
AAVE8.19%
UNI1.52%
EIGEN-5.04%
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$HYPE down 8.4% today.
Hyperliquid is rank 10. Took real market share from centralized exchanges. Probably the best DeFi product built in years.
At $60.85. Down 32% from the June high near $90.
Yay or nay?
HYPE3.11%
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$SMH down two straight days.
600 held last month when BTC bounced off $62K. Same level now.
When semis crack, everything risk-on follows. That's been the setup this week.
BTC-1.26%
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Nouriel Roubini just launched an onchain stablecoin. Technodollar.
This is the economist who called crypto a scam in front of Congress. Multiple times.
The last bear standing joined the chain.
I don't know what to do with this information. $BTC
BTC-1.26%
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$LINK just partnered with 47 banks across South Korea and Europe for cross-border payments.
At $7.54. That's 85% below the ATH at $53.
The adoption story keeps building while the price stays asleep.
Is this the boring part before the move?
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Vitalik just announced the Ethereum Foundation is cutting its budget 40%.
$ETH at $1,680. Cycle low at $1,506. 10% away.
Leadership resets like this either mark the turning point or confirm the decline.
I've seen both. Still reading this one.
ETH-3.05%
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$NVDA down 13% from its May ATH and chip momentum is cracking.
AI chipmaker Cerebras just posted its first public earnings and fell 11% the same day.
When semis roll over, crypto doesn't get away clean either.
Day two.
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$BTC dropped to $62K overnight.
Chip selloff bleeding into crypto for the second straight day. NVDA, semis, AI names all red.
$62.2K held twice last month. Same zone now.
Alerts set.
BTC-1.26%
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The US Senate banned a Federal Reserve CBDC for four years.
Hidden inside a housing bill.
They banned something that doesn't exist yet. That's one way to do policy. $BTC
BTC-1.26%
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$AVAX at $6.20. Below the 2022 bear market low.
50-day MA at $8.23 and still falling.
Everyone calls it dead. That's usually around when it gets interesting.
AVAX-2.04%
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$SPCX four days public and already round-tripped.
135 IPO. 228 high. back to 172. now 185.
A $2.5 trillion company swinging 30% in a week with almost no float.
Incredible to watch. Brutal to trade.
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CryptoBoss1:
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$NVDA is 11% below its May high while every headline screams AI supercycle.
The stock keeps fading into the 230s. When price disagrees with the story this loudly, trust the price.
Reclaim 230 or this is distribution.
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$BTC two weeks stuck between 59K and 66K.
The 50-day MA still sits 9K overhead, capping every rally that tries.
Ranges this tight don't resolve quietly. They break and run.
Which side goes first?
BTC-1.26%
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$ETH at $1,741.
April high was $2,464. Cycle low is $1,506.
We're 15% above the floor and 57% below the last high.
Three previous times ETH sat this beaten up on the weekly, a big move followed.
Yay or nay?
ETH-3.05%
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Fear & Greed has been at 23 for five straight days.
$BTC bounced from $62K to $64K. Sentiment didn't follow.
In 2022 the bottom didn't come when fear peaked. It came when nobody posted about the bottom anymore.
Check your feed.
BTC-1.26%
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Strategy's preferred stock just lost its peg. Trading way below par.
$MSTR at $112. Year low is $104, that's 8% away.
Bitcoin recovered from $59K to $64K this month. The stock went $160 to $112.
The proxy is not tracking the underlying anymore.
BTC-1.26%
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$JUP up 33% this week while BTC is flat.
Jupiter processes more DEX volume than most centralized exchanges. Nobody talks about it.
At $0.22 now. June low was $0.14. The Solana rotation always starts here.
Yay or nay?
JUP4.29%
BTC-1.26%
SOL-1.65%
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