👿 Trump Is Punishing Late Longs, But We're Not Scared:

GM, the Orange Man is back on his evil arc.

Just as the praise for Trump was peaking again, the man decided it was time to punish late longs and tweeted about possibly slapping the EU with a 50% tariff. Just 2025 things.

If I had to make a prediction, I’d say these tariffs won’t actually happen (again), and the next leg up will kick in around his next tweet, reminding everyone it’s just another negotiation tactic.

Plenty of bears and latecomers are dying to see a market pullback right now, but the timing doesn’t quite line up. Sure, in the short term, we might dip a little more, but the real mid-term top of this move most likely comes toward the end of June or into July.

Why? Because of the three-month lag in global liquidity (mentioned yesterday), and the fact that the 90-day tariff pause expires in early July. It’s entirely possible the macro fear returns over the summer and drags markets sideways or lower, which would also make seasonal sense.

For now, there’s still some hope for ETH/BTC and SOL strength making a comeback, hinting at at least a brief altcoin season window. There’s room for error here, but as long as BTC stays above roughly $100k on the higher timeframes, the pressure remains tilted to the upside.

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The important bits.

• mETH Protocol explains why they expand to HyperEVM, listen here

• INFINIT introduces INFINIT badges for onchain identity, get rewarded here

• Peapods Finance offers a 17.5% yield on Sonic token S, vaults available here

• Magic Newton reached 148k users and 22k deployed AI agents, try it out here

• Sophon’s native token S to be listed on Binance May 28th, learn more

• Mira Network explains how they solve AI hallucination problems, listen here

• Initia airdrop claims expire in 24h, claim your airdrop here

• FXN DeFi protocol is growing rapidly, check the statistics here

• Hypurr NFTs on Hyperliquid are selling for almost $40k OTC

• DOGE is going multichain thanks to Wormhole, read details here

• Dinero is moving to distributed validators, increasing efficiency, details here

• FUEL extends its buyback program, learn the full plan here

Even more important bits.

• Circle explored a $5B sale to Coinbase or Ripple instead of moving forward with its IPO

• Over 100 demonstrators protested outside of the Trump memecoin dinner last night

• Bitwise CIO says GENIUS Act advancement could trigger multi-year crypto rally

• Cetus offers hackers up to a $6M bounty for the return of $55M hacked funds

• Hyperliquid is now speaking to CFTC for regulating crypto perpetual in the US

• Big banks like JP Morgan, Citibank, Wells Fargo are joining the stablecoin venture

• An American tourist in London was drugged by a fake Uber driver and robbed of BTC

• Michael Saylor’s Strategy to sell $2.1 billion of 10% preferred stock to fund more BTC

• SafeMoon CEO Braden Karony has been found guilty of securities fraud

Charts and stats of the day.

• Bitcoin buyer dominance at $111K signals strong demand

• Solana traders have roughly lost $4 million over the past month to sandwich attacks

• ETH ETFs brought in +$110 million today, the largest inflow day since February 4th, 2025

Fomo: the perfect mobile app for every trench warrior.

This is how the evolution of social trading looks. The fomo app perfectly fits what I’ve been saying for a long time now: onchain trading is the world's best new massive multiplayer game.

Downloading fomo literally feels like logging into a game and joining the lobby. First thing you’ll see are the verified and currently trending tokens, perfect for finding new runners:

Right next to it, you’ve got the top-ranked players (traders), which you can join and play with (follow & copytrade):

Third, you’ve got the social feed. Here, you can see what each of the players is doing on a rolling timeline, similar to your typical social media platform:

With the built-in wallet, we need only download the app, deposit our trading capital in Solana USDC, and start playing.

Apps like these truly simplify the crypto process and are perfect for attracting the masses. Plus, soon, fomo will expand into multichain, enable trading in clans, and host reward seasons. All of these factors make me confident about seeing this app grow successfully.

To join me on Fomo and never miss out on new runners again, download the iOS app here.

BTCUSD 4H Coinbase — Ichimoku Cloud Bull Trend

This is still a picture-perfect bull trend for as long as the price remains above that green cloud and the blue MA (Tenkan) stays above the red MA (Kijun). Wicks into the purple box—testing the Kijun, especially—are likely a good entry or spot to add. Even if we tag the cloud but don’t close inside, this trend is still fine. We have to stay out of the cloud, though. I like the buyback under the previous all-time high so far.

Funding is still relatively muted compared to previous big runups. Ignore CT emotional outbursts and overindexing on Trump fud. Just watch the trend and get out when it breaks. Spot is for holding, though. I wouldn’t ship that based on any timeframe lower than the weekly chart.

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!

• Ludus (Gaming infrastructure)

• Aura (Social, trading)

To save you doom scrolling.

Here’s a little trick to calm your nerves in these volatile markets.

As we approach possibly one of the most volatile market periods, it’s worth knowing how to choose your assets or reconsolidate your portfolio properly. In this case, I can’t recommend this thread more. Enjoy!

stay safe homies,

Hix0n 🫡