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- 💉 Monday Dose of HOPIUM
💉 Monday Dose of HOPIUM
PLUS Hyperliquid validators are here!
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GM, time for relief, and a dose of hopium.
While the ominous September 18th looms, when Powell will press the first rate cut button, bear exhaustion signals are popping up everywhere.
Before we get into these, remember that we’re still in the dangerous part of September, and we may see a final leg down to make everyone give up - so keep those gambling hands off the leverage and go into survivor mode.
That said, crypto saw the second-largest weekly outflow in history last week, totaling $600 billion. Looking at this chart, such massive outflows rarely persist for long.
Moreover, the global liquidity cycle isn't expected to peak until late 2025 or early 2026. Liquidity cycles are the real engine behind risk-on assets and their appreciation. With Jerome set to cut rates next week, we’re shifting into economic stimulation mode, which results in boosting the M2 money supply
This is all while the crypto fear and greed index hovers around 22: extreme fear. Was there ever a time when the majority got bearish and actually won?
Multiple signs are pointing to altcoin strength coming back soon, as well. Bitcoin dominance is flashing bearish signs all over.
On the other hand, Ethereum reached a sentiment extreme during the last few weeks, and even though the bottom still might take time to form fully, it’s hard to see it dying straight from here.
Finally, the sentiment around DeFi and utility coins is as bleak as it gets. Many charts resemble those from late 2020; we all know what followed.
This all smells like a mid-cycle correction before the big show, but I’m open to being proved wrong. Drop your thoughts in the comments!
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AAVE/BTC 1M Binance Log Chart
The AAVE monthly BTC pair is one of the strongest-looking charts in crypto. This chart runs to mid-2026.
I can’t honestly say I know whether we’ll be in a bull market that far in the future, but the breakout is real and fib extensions have it going much higher.
The lindy credibility and fee switch roadmap are fundamentally stronger than any Defi project I know. Crypto Condom is on it - heed their words.
The last cycle’s run took us from early Defi Summer (August 19) to the first top last cycle (May 21). That’s a June ‘26 top extending the same number of bars from where we are now.
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!
Source: ChainEdge
Hyperliquid Decentralization Soon
Hyperliquid enthusiasts are buzzing with news of validators hitting the testnet. The HYPE token is on the way, potentially this month, so it’s time to either set up your own validators (complete guide here) or rack up as many points as possible before the season ends.
Little birdie told us the best way to stack more points than others is to hold as many spot coins as possible.
Stay safe, of course, but this might provide some entertainment along with opportunity, while the wider market, with all due respect, sucks.
The important bits.
Hyperliquid (L1) - Teaser for Hypurr validators
CULT (Meme / NFT) - Releases new trailer
Tari (PoW L1) - Big announcement coming up this Wednesday
Core DAO (Bitcoin DeFi) - Featured on CoinTelegraph
API3 (Oracles) - Releases a guide to implement API3 oracles
GenLayer (AI Blockchain) - Last 24 hours to win XPs
Fractality (DeFi) - Weekly Earthquake Vault deposits are now open
Even more important bits.
Elon Musk reposts a Milady post and gets swarmed
AltcoinAce issues a public statement to express our growing concerns regarding Revelo Futures
VanEck is closing their futures ETH ETF
Tether shells out $100m to acquire a stake in agricultural firm Adecoagro
Coinbase gains edge in SEC case with partial 'discovery' win
Fact check: Has Kamala Harris started accepting crypto donations?
Life gets busy so here’s what you’ve missed.
Bitcoin 2.0: exSat is Coming to the Blockchain Space
Podcast
Founder Series brings on BigBeardSamurai, the founder of exSat, as he explains the concept of exSat, a docking layer for Bitcoin that provides a data availability layer and a hybrid consensus mechanism.
To save you doom scrolling.
Word of advice from the Grantmaster himself (read the full original post).
Let’s end this with a little flashback to what Andreas Antonopoulos tried to explain back in 2016.
There are two futures of money ahead of us: one is a future where money belongs solely to big corporations and the state, who control, surveil, and monitor your use. If you violate the terms and conditions, you are destitute.
The other future is a future where money is an internet protocol owned by nobody and anybody that anyone anywhere in the world can use to transact with each other without any corporate or state involvement whatsoever.
As regulations tighten and freedoms are curtailed in the name of security, it’s crucial to remember the fundamental principles upon which crypto was built.
stay safe homies,
Hix0n 🫡
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