🤩 Finally! The Generational Bottom.

PLUS watch the most important DePIN projects before takeoff!

March 24, 2025

GM, the optimism pays off again.

I must admit, I’m very happy to see that our Hopium Dealership of the past few weeks was justified.

Even Michael Saylor is eating well after finally TWAPing into BTC at a reasonable price yesterday. We’ve yet to see if this will mark another local top; nevertheless, bullish signs are popping up, and they are hard to ignore.

The legendary Hash Ribbon indicator will flash today if Bitcoin closes above around $87k. This indicator is pretty damn rare, but once it sets in, it means BTC is highly likely to stay above the set price and marks the best buying zones for the long term.

Moreover, the tariff FUD is easing as the White House scales back the April 2nd tariff plan and focuses on targeted reciprocal levies. This is a typical case of narrative being more bearish than actual reality. Just remember 2023 and the SEC FUD.

Things are simply aligning. We’re seeing the total stablecoin supply rapidly increase and move to new highs, which is the lifeblood of our coins.

That doesn’t mean we’re out of the chop yet; BTC might still get rejected at the $93–95k zone before any clean breakout. But still, with everything lining up the way it is, it’s tough to be bearish. I mean, the US president literally hung up the Bitcoin whitepaper in the Oval Office.

These are unprecedented times, and I strongly agree with Vance Spencer's take. If you want some grade A hopium, read it.

✍️ Advertise with us | 🧑‍💻 Join the Discord | 🐥 Follow on Twitter
📊 Sub to YouTube & Spotify

👇 And if you haven’t yet, hit subscribe below 👇

The important bits.

Even more important bits.

Crypto taxes? Absolute pain.

Sifting through receipts, crunching numbers — it's a yearly ritual of suffering. Throw crypto into the mix, and it’s full-blown chaos.

Now you’re juggling transactions across wallets, flipping between CEXes and DEXes, and wondering if that airdrop was a win or just a taxable headache. And let’s not even start on staking rewards…

Well, it doesn’t necessarily have to suck.

Crypto Tax Calculator is built for degens like you. With over 1000+ integrations, a custom shitcoin pricing oracle, and the superpower to handle your on-chain terror.

 You can either generate reports your accountant will love or directly file ‘em yourself. 

 Snag 20% off your first year. Your accountant — and sanity — will thank you.

BTCUSD Coinbase 1D Log Chart & Hash Ribbons Indicator

Hash Ribbons tracks miner selling and flashes buy once the data indicates capitulation is likely in. This is one of the most reliable on-chain indicators, although there’s often a little lag before you see the next runup. See last year’s seemingly endless consolidation for an example of that. Also evident above is a nice reclaim of the 200-day moving average - a commonly referenced bull/bear pivot that we consolidated beneath for several months in 2024 and 2023.

I wouldn’t be surprised to see another sell-off before Bitcoin returns to the highs, but it’s hard to be long-term bearish with this chart setup. I’ve also seen some bullish takes from Macro GCR, who flipped bearish near the top in January.

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!

Even though volumes are still abysmal on Solana compared to the high season, the smart-money seems to accumulate TRUMP here, perhaps expecting more shill from the president.

Source: ChainEdge

Nothing much to see on Ethereum for smart-money movements, except JOE. This one stands out to me as a blue chip 2023 memecoin, which I think definitely has a chance to perform well during the next meme leg up.

Source: ChainEdge

DePIN on Solana 

Memes will surely make a comeback one day, at least the blue-chip ones like Mog, Pepe, or Fartcoin.

But, the next phase of the bull run will likely be marked by the comeback of DeFi and utility projects like RWA and DePIN. The increase in activity here speaks volumes:

So, which projects to focus on? Let’s name a few:

To save you doom scrolling.

This video single-handedly proves we’re still early.

Perhaps the funniest thing right now is people mass flocking to short Tesla while it’s already 50% down from all-time highs.

Do you think Tesla shorters will win?

Login or Subscribe to participate in polls.

stay safe homies,

Hix0n 🫡

Reply

or to participate.