🤑 Ethereum: Charging Up For a Big Move?

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GM to the Unshaken.

Picking up from yesterday, Bitcoin indeed found its footing and is currently trying to print the lower high (it was about time).

Let`s see if we can continue into six figures straight from here or simply have a slightly longer chop session and do it later. The main focus is not to overtrade, and we must realize that shorting is especially dangerous during a strong bull market period like this.

Moreover, we`ve seen unusual strength in ETH lately, even in the ETH/BTC chart, which has become basically a nightmare for all long-term ETH holders. But as of right now, one look tells us this chart looks promising for at least a mid-term bounce.

Is the real all-out altseason finally nearing? The TOTAL market cap of altcoins is currently retesting the last major resistance. I have a feeling even more crazy moves are coming up for altcoins overall, not only memecoins.

Stay tuned.

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ETHBTC 1W (Chart of Pain)

Do we get another trip to the top of the channel? Can we finally break out of the staircase of doom?

Cobie & Donalt are now on team, which may sound trivial, but I learned the hard way over two previous cycles not to ignore the soft shills coming from this account. The Eth watchlist was green af this morning.

I think it could be happening. The world computer has led many times in previous bulls. Positive ETF flows are starting to happen. Still small potatoes, but these things have a way of gathering steam. 

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!

AI agent Aixbt leads the KOL midshare.

Top mindshare gainers for the day.

Superseed: Supersale is Near, Get Ready 

Superseed is a great example of a team that is in tune with the current market dynamics. This becomes clear once you understand the terms of the upcoming Supersale.

Before we get into it, a quick introduction to Superseed: 

“Superseed is the first blockchain that repays your debt. As a general-purpose Ethereum Layer 2, it features a native CDP lending platform enshrined in the protocol. What sets Superseed apart is that 100% of onchain profits are used to repay the loans of anyone who uses its token as collateral.”

Yes, this is big, and you better stay tuned for the full breakdown coming on blocmates.com on Monday.

Now, to the opportunity ahead: Supersale.

The Supersale is open to everyone, with equal opportunity to get some of the 20% of circulating supply that will hit the market on the day of the token generation event (TGE): 

• 20% of the supply being sold

• Supersale tokens fully unlocked at TGE

• Up to 10% bonuses for being early to the sale

Here`s a complete guide to Supersale for you, made by the team itself.

As you can see, the focus here is on community first. Murad explained this approach very well: “The only way to create a real community or a cult around your product or ecosystem, is to make the earliest participants rich.”

The era of VC coins coming to market with valuations reaching multiple billions is over. Lots of fun ahead.

Lastly, here`s a taste of a few more things coming up on Superseed:

The important bits.

• Superseed (L1) - The Superseed sale is coming soon

• GenLayer (AI L1) - Introduces the first product built on GenLayer: The 'Intelligent Oracle`

• Sophon (Entertainment layer) - Announces new farming pool for OPN

• Core DAO (BTCFi) - G8keep is now live on Core

• Radix (DeFi) - Releases the Cuttlefish Update

• SKALE (L2) - Droplinked has joined the SKALE ecosystem

• Ramen Finance (Berachain) - Announces “Price Discovery Mode”

• Uniswap (DEX) - Announces a $15.5M bug bounty

• Dinero (DeFi) - Presents a rapidly growing branded LST ecosystem

• Hyperliquid (L1) - Removes bots from the final point count

• Movement (L1) - Introduces the MOVE token

• Gamma Swap (DeFi) - Presents the latest LP performance analysis with great results

Even more important bits.

• US court reverses sanctions against Tornado Cash

• Chris Giancarlo: “It makes sense to put Bitcoin on the balance sheet”

• Rumble to use cash reserves to buy Bitcoin

• Bill to establish strategic Bitcoin reserve officially introduced in Brazil

• Jiva Technologies adopts Bitcoin Treasury Strategy

• WalletConnect to airdrop 50 million tokens to over 160,000 users

• Binance rolls out reward-bearing asset BFUSD

Charts and stats of the day.

• $310,000,000 liquidated from the cryptocurrency market just yesterday

• Ethereum reclaims USDT dominance against Tron after 2 years

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

Token Brief: VIRTUAL

Meal Deal Research

Virtuals is flying. We ran a token report on it at the start of the month for Meal Deal members if you got the alpha. It's up 172% since then. Here's the report if you missed it, which covers: - The elevator pitch:

• Pumpfun for AI agents

• How VIRTUAL accrues value

• The bull and bear case

• How we are playing it

Read More →

• HENLO (Berachain Memecoin) - Announces how to get HENLO exposure

• COPE (Hyperliquid AI agent)

To save you doom scrolling.

Please, for the love of God, we`ve just finished talking about ETH making a comeback…

Right now, it`s important to start looking beyond meme coins. Sure, they will pump as the market goes higher, but utility plays are seeing some epic gains lately.

Make sure to keep an open mind; this newsletter sure will.

stay safe homies,

Hix0n 🫡