MONITOR DEFI FLOWS

“Buying altcoins is a very high risk, high reward scenario, and you gotta make sure that you're looking at the right protocols that have good revenue and strong tokenomics so that you don't end up getting rugged. As we have seen in the past with crypto, even the giants can fall. What we're seeing right now is definitely shaky ground.”

“What I did last bear market was wait for the flush out. And obviously I was interested in buying Bitcoin through this entire range... but the key here is that I was only interested in buying Bitcoin's spot during that initial phase of the bear market. When to buy altcoins is a very delicate situation. And what I did is wait for a bullish divergence to happen on the momentum waves.”

“As you can tell from the shirt that I'm wearing, we're partying right now, but that doesn't leave a potential for one more nasty flushout, just like that final flushout that we experienced when FTX went under in the depths of the bear market. This candle, when FTX kicked off, measures about 25% from its local high to low on that weekly timeframe.”

“DeFi giant Aave is bleeding TVL right now. When the DeFiasko with KelpDao kicked off, Aave's TVL was sitting right at around $26 billion. As of the time of this recording, we're at $14 billion, a major, major pullback for TVL in Crypto's biggest lending protocol. So yeah... that doesn't leave a potential for one more nasty flushout.”

“This is exactly what I'm looking for to know when it's time to back up the truck on altcoins. And if I'm comparing these two cycles to each other in a way that rhymes, this actually looks like it could play out some time around August or September of 2026. Even though there's turbulence within DeFi and altcoins, I don't think that DeFi is dead.”

“Bitcoin has had a hell of a ride to the downside. It has fallen by right around 50%, 51% to be precise, from that local peak at 125K. Now, this situation is a tale of two cities. There are many people that, rightfully so, are highlighting the current structure of Bitcoin as a potential bear flag, looking at targets down in the 40K region.”