😹 New Tariffs? Alright Buddy. Higher, IMO:

GM.

We simply continue to liquidate bears in numbers previously never seen. Feels good.

Even though the Ethereum Foundation is traditionally selling, I now have a hard time believing ETH will stay below its previous all-time high this year. Oh, wait. It was EF selling directly to Sharpling Gaming, all good.

If ETH goes, all the other good altcoins go even harder. I mean, look at the total altcoin market cap chart. There`s still so much bullish potential ahead.

Even if you did not properly position yourself for this breakout, remember that there are still many opportunities ahead. The feeling of FOMO and regret can be powerful, but don`t let it cloud your judgment.

When it comes to the news headlines, they are becoming irrelevant in this new paradigm. Take tariffs, for example. We were saying that any type of headline that repeats itself long enough will simply lose its grip on the market, one repetition after another. Today`s new Trump tariff piece is a prime example.

At this moment, this applies to bearish headlines, though. A headline such as this one, about rate cuts coming up this fall, will fuel the market even further and serve as a positive tailwind.

The pieces are coming together, once again.

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The important bits.

• GenLayer announces a partnership with Ionet, read full details here

• FUEL explains SWAY, the next generation smart contract language, read here

• Premia explains Kyan and how portfolio margin differs from isolated margin, read here

• Fomo app listed USELESS, mobile app available here

• Altitude DeFi protocol explained in new Ronin thread, read here

• deBridge opens bridging to Hyperliquid, details here

• PENGU is now tradable on Hyperliquid spot, announcement here

• Plasma project breakdown now available on blocmates, read here

• PumpFun acquired KolScan, details here

Even more important bits.

• Germany’s top banks, managing $4.5T in assets, are moving into crypto

• Coinbase partners with Perplexity AI to deliver real-time crypto market data

• Bybit announces spot HYPE listing

• Tom Lee says Ethereum is better than Solana, listen here

Charts and stats of the day.

• Avalanche reached 20 million transactions in a day

• Bitcoin dominance chart continues to print bearish signals

• $7.4 Trillion is now sitting in Money Market Funds, a new all-time high

• $500m in spot assets bridged to Hyperliquid via HyperUnit

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

See what whales are buying, follow top-performing traders, and analyze token trends before the crowd.

PS: Use code BLOCMATES for 20% off, but shhhh it's our little secret.

OTHERS Open Interest vs. BTC & ETH, Coinalyze

How do we time tops and keep our gains in an UpOnly market? Emotions are not your friend. We should be taking most risk at the beginning of the move (now or yesterday), and less as the bull progresses. That’s not how our brains work, though. Complacency leads to poor risk management. The chart above gives you an easy rule of thumb to monitor the situation. Here’s the link - bottom of the page.

When OTHERS open interest is above BTC open interest, you need to think about taking profit, tightening stops and banking the gains. The chart above clearly marked the altcoin top on December 7, mirrored on the OTHERS (altcoin index) chart below, which has just entered ‘resend’ mode, aka the Banana Zone.

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 it`s clearly ETH season, Hyperliquid is also dominating.

For this one, I have two clear beta leaders in mind: BUDDY for the main memecoin lead, LIQD for the main utility lead. Higher (IMO).

To save you doom scrolling.

This is the time to be all hands on deck. How better to do that than to join the blocmates Meal Deal? We`re discussing the best altcoin bets every day, all day.

Join now for free:

If you still have doubts about crypto entering a new paradigm, simply observe these lines.

We are about to see something never seen before, be there or be square.

stay safe homies,

Hix0n 🫡