Momentum Trades

GM, Friends 🙂

🔪 Traders heavily betting against BTC & ETH — shorts dominating the market ➤ If BTC rips to ~$87.9k, short liquidations could exceed $4.89B ➤ If ETH pumps to ~$2.5k, short liquidations could top $3.36B Plenty of squeeze fuel sitting above👀

Beijing

Watching this setup on Bitcoin rn — looks like trend structure could break and price may go test the next support around $76k 📉 Be careful with longs here. If anything changes, I’ll post an update👀

🌆 JPMorgan launching a tokenized money market fund on Ethereum for stablecoin issuers The new JLTXX fund will let stablecoin reserves be held in tokenized US Treasuries and overnight repos while still generating yield 💵 The product will be managed by the bank’s blockchain division, Kinexys Digital Assets. JPM says the fund is fully compliant with the new US GENIUS stablecoin legislation 👀

🇺🇸🇨🇳 Trump heading to China with a massive delegation According to reports, flying with him to meet Xi:

• Elon Musk — Tesla / SpaceX • Jensen Huang — Nvidia • Tim Cook — Apple • Larry Fink — BlackRock • Stephen Schwarzman — Blackstone • Kelly Ortberg — Boeing • Brian Sikes — Cargill • Jane Fraser — Citigroup • Larry Culp — GE • David Solomon — Goldman Sachs • Sanjay Mehrotra — Micron • Cristiano Amon — Qualcomm

Trump says even more CEOs are joining but haven’t been disclosed yet. First time in history a delegation of this scale is heading to China together — let’s see what comes out of it 🍿

🇺🇸 21Shares’ HYPE Hyperliquid ETF got listed on Nasdaq today Bitcoin started the ETF trend, and now top alts are following the same path — bringing massive US liquidity into the market, fully regulated this time 👀

🇺🇸 Kevin Warsh still hasn’t been fully confirmed as Fed Chair, but he just cleared the key preliminary stage. On May 11, the Senate voted 49–44 for cloture, opening the path for the final confirmation vote. Warsh is expected to be approved first as a Fed Governor on May 12, then separately confirmed as Fed Chair before Friday, May 15 🤝 He’s set to replace Jerome Powell, whose 4-year term as Fed Chair officially ends this Friday 😁

GM, friends 😎 Today the US Senate Banking Committee dropped an update on the CLARITY bill covering crypto market structure. The new draft includes a ban on earning yield from holding stablecoins, since regulators see it as too similar to bank deposits. They’re worried about capital flowing from banks into stables — honestly makes sense, even crypto folks seem fine with it. Final amendments and voting happen Thursday. Hopefully they also add a ban on government officials profiting from crypto… especially Trump 😁

🍕 Pizza Index Pizza spots near the Pentagon reportedly saw another spike in activity yesterday 👀 Another Iran strike attempt coming?

GM, friends ☀️ Wanted to share some thoughts on the market. Very few people are actually happy with this rally. You can feel it. Some are trapped in shorts and keep averaging up, while most are simply sidelined after getting completely shaken out. In that kind of environment, the majority can’t enjoy the pump — and that’s normal. Apathy. Indifference. People got sick of the market… and now it suddenly decides to rally without them. Being sidelined while the market runs without you, watching as a spectator — that’s literally one of the worst feelings. Maybe only liquidation feels worse, and even that’s debatable. Everyone’s waiting for a dip to get back in. Shorts are waiting for a crash. So ask yourself honestly: where’s the max pain for the majority right now? Up or down? 👀 Need a post on what I’d do right now if I was still out of the market? 🔥

🦅 New SEC Chair Paul Atkins: “Ladies and gentlemen, we must recognize that the time for crypto has arrived.” President Trump tasked me with making America the crypto capital of the world 🚀 $BTC tapped above $81k on the news 📈

GM, friends ☀️ Watching the metrics — tokenization volumes for real-world and financial assets are growing fast. Leading sectors by tokenized volume right now: US Treasuries, commodities/raw materials, then equities and ETFs. Against that backdrop, ONDO already up 35% 📈

📈 Solana heating up: 10B transactions in a single quarter Solana just posted insane numbers — over 10 billion txs this quarter. First time in the network’s history, and could be a solid catalyst for $SOL upside. SOL currently sitting around $93 👀

🕊 Pump Fun CEO already pushing a new memecoin themed around hantavirus

“What should worry you more than the virus itself is: how do we make money from it?”

— Alon posted Only in crypto 😁 Worth noting tho: Alon’s clearly back in the game, and PUMP revenue has been climbing since early May 📈

No questions, $TON performing pretty well rn — but how long it lasts is the real question 🤔 GM ☀️

🫴 TON is #1 in annual staking rewards among the 50 largest cryptocurrencies. And that’s on top of the coin’s price growth — which doubled over the past week.

😂 BTC at $0.02 on Revolut Some Revolut users suddenly saw $BTC trading for just a few cents while the real market price was around $79k. CoinGecko and CoinMarketCap showed no anomaly. Revolut hasn’t commented yet. Main question — was it just a local glitch or actual liquidity issues on the platform?! Worst part for them is they’ve been pushing hard into crypto lately… and now this mess 🤷‍♂️

GM, folks ☀️ Another virus narrative spreading worldwide, and Twitter detectives already dug up an account that predicted the end of COVID in 2023 back in 2022 — and also called the hantavirus outbreak in 2026. Only question is — how? 😁

🇮🇷🇺🇸 Iran and the US reportedly reached a deal to ease sanctions pressure on Iran in exchange for gradually reopening the Strait of Hormuz. Oil soon 📉