DoubleEdge

Out of position (slight profit) Overall weakish market

Let’s take a look at $IRYS a programmable data chain. Markets are weak, everything is getting smoked across the #cryptomarket. Most alts that are “holding” are usually scams or 2 dudes in orderbook. What makes IRYS interesting: • Didn’t nuke to zero after ICO • Spot listed

FDV is already pretty high see chart below 👇 That said, if this cycle is actually different, the next obvious ceiling is around $1B FDV. Historically, that’s where momentum starts to die off for these kinda off coins. Maybe I’m just building hopium for the perfect lagging

From an orderflow perspective, $IRYS looks decent but not perfect. We had a clear blow-off where shorts got cooked, followed by consistent profit taking that part still worries me. What I don’t fully love yet: • Spot (Coinbase) CVD hasn’t really caught up • Feels like perps

$PIPPIN looks like the distribution is over and my favorite scam of 2025 is ready for lower. Read below about PIPPIN last pump 👇 burj khalifa pattern on H4.

$PIPPIN #PIPPINUSDT 👇

Time to long $hype

Closed the short from burgers open (roughly 3:1 rr) and opened a small long just in case the bears are so horny brev.

Ngl 84k is THE battlefield rn. perps defending this like their life depends on it. Spot stacked at 80k, so if 84 breaks = straight elevator to 80 :) no bounce then see ya at 80k for one $BTC

Is now a good time to short crypto? Some alts are already down 40% while $BTC is stuck in sideways chop right.. Just look at OTHERS/BTC clearly below the main trendline, acting as resistance. IMO we grind lower first, then get a decent dip-buy opportunity brother..

Imagine the smell if $silver could do this..

Beautiful U.S. open of course. What’s surprising is that crypto is the worst-performing asset, right?

I hope you understand...

Let that mf draw on $RIVER

$WLD is the best coin to short on any news pump. Lmao.

Great thread launching $BIRB with constant negative funding (-2%), pushing to $500M FDV without releasing the airdrop. At the end of the day, project teams always win. Wouldn’t hold spot bags to infinity though. Great vol to trade, scalp, etc. Enjoyed it.