LewDoja said:

It would suck to buy in near the top...

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LewDoja said:

This cycle might not last as long as everybody keeps saying "we're just getting started"...

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We do need to be mindful of sentiment, and when bullish chatter gets increasingly loud and pervasive, that is typically a time to skim profits.  So far, BTC printing an inside day, and I do think there is quite a bit of fundamental wind upon the sails of crypto in this moment, given the number of pro-crypto legislators that got voted into office, including of course the idiot in chief Mr. Trump and his pro-crypto appointments and pro-crypto campaign promises.  The later of which may not be worth anything, but it does play into sentiment, for example Robinhood adding Solana back to their platform this week, apparently because they're no longer worried about it being classified as a Security under the purview of the SEC.  That's a pretty bold front run.

All that said, it is worth noting that Coinbase has surged back into the U.S. Apple App Store top 10, jumping from a rank of 435th the day before the U.S. election.  The ranking of retail crypto apps is a pretty good indicator of how hot the market is getting, and that is a staggering leap for the Coinbase app.  Furthermore, the dollar has been really strong in the wake of anticipated protectionist policies from the incoming government.  Quite interesting to see how fiercely crypto has decoupled from its previously ironclad inverse correlation with dollar strength... we'll see if it lasts.

The scale is tipped toward greed short-term, so ideally, we'll flag here for a bit with some sideways consolidation, working off some of the exuberance to ultimately build a high base from which to continue higher.  But crypto is volatile, and a deeper pull back would not be unexpected.  Following are the golden and platinum pocket fib levels for the two relevant time-frames I'm looking at, as potential support if bitcoin does continue to pull back:

   

Quote:

@geo what are your buy orders on Sol, $150-180?

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I don't have any bids out on SOL presently.  I have a HUGE position as it is.  In a couple of managed accounts, I had some asks out to exit at least half of the remaining ETH exposure, which I was intending to ultimately move into SOL (minus the portion withheld to cover taxes on the impressive cap gain )... but they haven't filled yet.


Budman might be proud to hear that I took a position in a meme token last night .

   


This SUPER ANON meme token launched last night on Coinbase's EVM Base chain.  Created via AI, in conjunction with a Farcaster (decentralized social media network) app called SuperCast. Apparently the founder was asleep during launch and received zero tokens, but the Farcaster community has collectively sent him hundreds of thousands of dollars worth of the token this morning in gratitude, and in efforts to strengthen the community network effects surrounding this meme token.

Interesting dynamics at play.  The number of token holders has increased by an order of magnitude overnight (from ~200 to ~2K+), and more than doubled again this morning (to just under 5K holders).  With a market cap of ~$3M, there is room to grow, but liquidity is thin, and you can't move big money in or out of this issue presently. I've been buying $250 lots just for fun throughout the evening and this morning. Up over 100%. Not serious investing, but entertainment on an inside day. 😎

Contract address: 0x0Db510e79909666d6dEc7f5e49370838c16D950f

Quote:

for example Robinhood adding Solana back to their platform this week, apparently because they're no longer worried about it being classified as a Security under the purview of the SEC.  That's a pretty bold front run.

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Oooo man, now that PISSED ME OFF.
They market sold my Sol $16 at a loss For $100, would be over $1200 atm. Not to mention how ever much would have been added.
Luckily that wasn't the only place i had Sol.

vandago said:

Xrp is kinda surprising me. I left $100 in it. Happy I did.

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Same, I have 144 XRP in my account that I didn’t exchange for SOL because 4 months ago it just wasn’t a significant amount of money. About 2 years ago my brother couldn’t figure out how to login to his Coinbase and asked if I could just buy $100 for him. I did and he immediately texted saying oh nevermind I found the password, so I just kept it

Both XRP and XLM, fun surprises!