🐂 Even If Crypto Goes Lower, The Only Way Is Higher:

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GM, my fellow cryptographic technology enthusiasts.

Our magic internet money portfolios aren’t looking too bad at the moment. BTC is simply continuing like an asset with insatiable boomer bid. I mean, look at these ETF flows.

Yes, we can be bearish for short periods. However, in this paradigm, being bearish on a timeframe longer than six months is silly. If anything, short-term bearishness should be viewed as hunting for better entry points, not calling the end.

Of course, let’s talk more about the short term. BTC is currently enjoying a post-war FUD strength phase, fueled by people still trying to short it (see here). As long as we hold this $100-110k range, I think everything’s just fine.

On top of this, we’ve got Jerome “too late” Powell finally hinting that rate cuts are possible, maybe even sooner than expected.

From this point onwards, I believe it’s hard to bet perfectly on short-term moves. The latter half of Q2 saw a decrease in global liquidity, which will likely reflect in a sluggish Q3 performance, but that doesn’t necessarily mean we go straight down from here.

Nevertheless, with the Big Beautiful Bill and rate cuts inevitably coming up in the US, this too shall pass. So, if we consider all of this together, the answer is that right now, and through summer, is the best time to research and focus on building your portfolio for Q4.

It won’t be smooth sailing. But right now, all signs still point higher, for longer. Especially when the reply guys are out in force declaring altcoins dead, and the OTHERS chart is looking like this.

Can I be wrong? Absolutely. But I’m struggling to see a better time to build positions, aside from the depths of the next bear market.

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Charts and stats of the day.

StalkChain spots the next big meme coins early by tracking top wallets and smart money moves in real-time.

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$2m Market cap for this soon-to-be-launched Hyperliquid prediction market seems pretty cheap. Vortx is still in development, so we have to wait to see what the team comes up with, but I will try to snag a pullback below the Point of Control (purple box) and hope to see it much higher than here in future. See Degen Corner further down this newsletter for more details.

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!

Solana smart-money flows:

Ethereum smart-money flows (the one that really stands out to me is JOE, I think it will catch up to the likes of MOG and SPX):

With Polymarket proving the product-market fit, it’s worth looking around at what we can bet on for the prediction markets meta.

Two projects that caught my eye yesterday are falling in this category:

Vortex just started rising as of yesterday, as the primary prediction market for HyperEVM. Currently sitting at around $1.5m market cap and pre-launch, I think it’s a very interesting one for every Hyperliquid enjoyer.

Also, once their HyperEVm product goes live, we can use this to farm the potential HYPE season 3 airdrop (find our guide here).

Flipr caught fire yesterday and enjoyed a very nice pump, which was caused by the Kalshi CEO interacting with it on X, confirming that they are planning to integrate Flipr into their product.

Flipr will become an X-integrated bot for Kalshi prediction markets, enabling you to bet straight from comments.

Important to note here, Kalshi just raised a massive $100m funding round led by Paradigm. Big stuff. FLIPR is now sitting between $2-3M market cap.

To save you doom scrolling.

The more you see people post this chart saying how over it is for altcoins, the more likely it is that we are in a great entry zone.

If you missed it, definitely watch today’s Shitcoin Church. Lots of alpha, plus an extension of what I talked about today around Flipr. Great stuff, as always.

stay safe homies,

Hix0n 🫡