Crypto Bull Cycle Over? No. Here's Proof:

Before we jump in, make sure to check out the Meal Deal:

To navigate crypto bull markets correctly, one needs to have a crew with which to bounce ideas.

That’s why we created the Meal Deal—a lifeline for the professional degen and a gateway to an active crew grinding every day to make it in crypto.

Institutional-grade research

Actionable alpha / Coin picks

Private Discord access

Interactive video content

GM, let’s cook.

While Bitcoin hovers around the same price, trying to bore everyone to death and drain their spirits, it’s worth checking up on essential market elements—in this case, global liquidity. 

Global liquidity is a driver that pushes not only crypto but all risk markets upwards. While everyone is starting to doubt the health of this cycle, we can safely say that the driving force behind it is more than satisfactory and happily rising. 

The global liquidity cycle should end sometime in 2026, but we can expect the crypto cycle to end earlier than that, sometime in 2025.

Moreover, the dollar index is looking to break down from a very long-term structure. As our friend Captain Rational says, ‘... this is the first time in 16 years that everyone may see a secular dollar bear market.’ 

There are traps ahead of us, like the weakening labor market in the USA. Last time job numbers came out weak, the market didn’t like it. Nevertheless, these traps eventually lead to the need to print more money. And we all know what that means…

So today’s lesson is to remember the broader picture because nothing tells us the cycle should end for now. Once that happens, we will talk about it.

🧑‍💻 Join the Discord | 🐥 Follow Twitter | 📊 Sub to YouTube & Spotify

If you haven’t already… hit the subscribe button and get the coolest welcome email in crypto!

CVX/USDT 1D Binance

Curve yield maximizer Convex looks ready to print a W bottom here and return to challenge the downtrend that dates all the way back to July 2022. 

The stochastic and MACD are both flipping bullish on the daily timeframe, while the RSI has been maintaining a solid uptrend that looks ready to pop to the highs at ~83. The trendline target is around $4.30, and the 200-day MA resistance must be flipped at about $3.15 before then. 

Hop on today’s TA stream to learn more!

Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!

🐻 The Berachain Bible

Remember our previous note about starting to focus on Berachain as soon as possible? Well, it seems things are starting to cook for real and I’m personally deep in studying the Berachain Bible. 

We’re seeing a widespread uptick in prices for Berachain NFTs, whether the official ones like Bit Bears, Band Bears, and so on, or the overall ecosystem NFTs. 

At the same time, it’s still early (in my opinion). 

Let’s list a few that could grab your interest:

• Beramonium Chronicle

• Hungrybera

• Tour de Berance

• Yeetard NFTs

Berachain will become a vast ecosystem full of early opportunities, and I can’t wait for it, to be honest.

• If you want to get SUPER prepared to play the Berachain games as they are supposed to be played, get yourself the Berachain Bible and study with us

The important bits.

• Base (L2) - Base introduces Basenames - read

• Sonic (L1) - Launches SONIC BOOM bounty program - read

• Curvance (DeFi) - Deploys on Berachain Artio testnet - read

• Mantle (L2) - Starts the Sparkle campaign - earn sparks with FBTC - read

• Unstoppable (DeFi) - Self-repaying credit cards are coming soon - read

Even more important bits.

• Base to roll out Basenames using ENS infrastructure - read

• SEC's attempt to quash Sun, Tron’s defense rejected by NY judge - read

• Mango Markets looking to settle with the SEC - read

• Tether plans to launch a UAE dirham-pegged stablecoin - read

• China heightens AML rulebook, making it easier to probe crypto - read

Life gets busy so here’s what you’ve missed.

GammaSwap: It’s The Degen’s Dream

Research

Choppy markets got you down? Well, volatility is one man's tears and another man's treasure

Our good friends over at GammaSwapLabs are gearing up for their $GS TGE, so here is everything you need to know about perpetual options, wen token, making bank during chop szn.

Read More → 

DeFi Dinos are Roaring Back

Check out our full (free) report below, chocked full of our analysis and takeaways as a taster of what you are missing behind the Meal Deal.

Read More → 

To save you doom scrolling.

Sound on. Bai mai shitcon.

As always, hang in there. There’s a real possibility we are experiencing a very prolonged chop. This market consolidation is leaving many liquidated, and there isn’t any real price action to be seen.

This is all by design. Don’t let them take your coins.

stay safe homies,

Hix0n 🫡