📊 Macro Event Volatility Is Coming. Let's Prepare:

GM, time to lock in.

Considering plenty of macro events in the US are coming up this week (you can find all of them, including dates, here), especially tomorrow’s FOMC, BTC is holding up well. The pre-FOMC selloffs were more aggressive in the past, so that’s a good sign.

What’s not so good is that Bitcoin failed to move above $120k by last week's end, and we definitely don’t want to see it stall much longer. Otherwise, there’s a chance for a lower distribution, possibly around $110k, first.

Interestingly enough, there’s a chance to see another Hash Ribbon Signal flash soon (explained in detail in this video section). This would put BTC into a much stronger position, as it tends to mark price levels that Bitcoin never breaks under.

Another excellent sign for the longer term is global liquidity once again inching higher. As you can see in this chart, it’s been charging up for a while now, constantly giving more fuel (and time) for risk assets to appreciate.

So, while in the longer term the bulls are clearly in control, with Bitcoin’s dominance looking a bit bouncy here, and the fact that BTC stalled for longer than expected, the chances for a short-term pullback should not be underestimated.

Let’s get back to it tomorrow.

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The important bits.

• Mira Network partners with Akedo multi-agent AI network, learn more

• INFINIT reached 174.000 users, try it out here

• Fuel explains their next-generation CLOB network for onchain exchanges, learn more

• Tari’s token XTM listed on MEXC exchange, learn more

• Magic Newton hosts spaces with Eigen Layer, listen here

• Altitude doubled the number of users, learn more and try the vaults here

• Fomo is now live on Android. Gasless swaps, copytrading, and more, trade here

• Jito’s new product Block Assembly Marketplace explained in blocmates article, read here

• MLG memecoin was sold by Faze Banks, then pumped 200%

• Ethena surpassed the daily revenues of Circle, full data here

• MOG is coming to Hyperliquid, and the HyperUnit ticker is secured

• Retardio teased for listing by Kraken, announcement here

Even more important bits.

• Microstrategy reports no new BTC purchases over the last week

• The US seeks to claim $2.4M in Bitcoin seized by the Dallas FBI

• EU announced new tariff rates with the US at 15%

• China and the U.S. have agreed to extend the tariff pause by another 90 days during talks held in Sweden

• $500M private placement for $BNB treasury company announced

• Interactive Brokers considers launching a new stablecoin for customers

Charts and stats of the day.

• BonkFun just hit a new market share ATH of 88.8%, full statistics here

• Hyperliquid reached new market share all-time high of 23%, full statistic here

• MLG flipped USELESS in volume on Spot Trading App, see volumes here

• The DEX to CEX Futures Trade volume keeps hitting new records, chart here

• Phantom perpetual markets on Hyperliquid surpassed Axiom volumes, exchange comparisons here

• Global M2 money supply reached a new all-time high

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Telemetry data of the day.

• Whale moves over the last 24H:

• Trending tokens over the last 24H:

If you want to access more of this type of data and trade freshly graduated tokens on PumpFun of Bonk, visit Telemetry here (it`s free).

• Eth OS (Largets DeFi experiment on Ethereum)

• Eremos (AI swarms for markets)

• ZEME (Zora ecosystem)

To save you doom scrolling.

If you missed some of our IRL interviews, definitely go back and watch!

As I’m about to publish this one, BTC dips back under $118k. Let’s hope we can recover fast enough; otherwise, let’s prepare for a deeper pullback, as explained in the commentary.

Good luck!

stay safe homies,

Hix0n 🫡