👀 $4.7 TRILLION Just Unlocked

YEET.com  has been doing some cool stuff lately in the crypto casino space, so we’re giving it a shout-out for anyone who’s been meaning to check it out.

They’ve been putting out a bunch of fun, crypto-themed games with plenty more coming!

I mean, check out the roster, plenty to choose from, plus it’s as easy as registering here and having some good old dicy fun:

$4.7 TRILLION in altcoin value has just been unlocked by the new SEC guidance, which finally says alts aren’t securities. If I ever had a GM, this would be one. (full list of alts here)

I know PENGU isn’t on the list, but I'm glad we highlighted the chart yesterday - this one looks pretty atm.

So there we have it: altcoins are finally no longer considered securities, but (as explained here) commodities. This is massive, to be honest.

No wonder the Fear&Greed Index is back to neutral after all these announcements. Is the joy a bit premature, though? Let’s take a look at the overall market:

There’s a 50% chance BTC hits $80K on Kalshi, which, obviously, doesn’t help us much. What’s super duper important to even think about, an upcoming strong upside move, like eighty thousand per digital gold, is reclaiming $74K - same as yesterday.

Let’s look at a few possible scenarios here (I’m personally leaning bullishly and consider the downside as trap-ish).

Everybody and their grandmother knows that if we reclaim seventy-four, BTC heads right to $80K next. As described here, it would likely result in the upside being even higher, as there will be a lot of beras to eradicate in that area.

The boring scenario is simply failing the reclaim, leading to retesting the lows around sixty thousand per BTC. If you want to check this one visually, here’s the chart.

Now, my favorite one: trap-ish, boring action around $70K, making everyone believe the market is weak again, and then pumping into scenario one while pushing well past $80K. This liquidation map could serve us as a little hint.

If crypto turns greener, I really like the look of ETH/BTC here, too. It was quite a while since we properly monitored this one, but I think it’s time to turn up.

The strength of the latest inflows, besides pure gut (none of this is financial advice from a hired professional but a mere ranting of an addicted gambler), is what makes me lean toward the Bulls. Strong flows are currently seen both in ETFs and stables - a more detailed look is available here.

Let’s see how we fare after today’s FOMC show, although I expect a nothinburger since the odds of no cut are at 99%.

All in all, macro-wise, everything comes down to who becomes the King of the Strait of Hormuz. Here are some odds and probabilities for you to glance over.

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Maybe, just maybe, we have a proper PEPE style mean reversion? In case the market decides to attack $80K and beyond, I got this one noted.

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If you’re an Europoor, an ETH, or actually whatever you are, here is an invite combined with almost 50% discount to visit ETH Milan (it’s literally hosted at the Leo Da Vinci Museum).

Do the steps. (this video is awesome btw haha)

Oh lord… majin:

If this was useful, forward it to one person sitting on the sidelines right now. That's how this thing grows. MUCH appreciated.

Hix0n 🫡