It’s the Great Reset on CT, crypto and macro:
Macro uncertainty squashed degen spirits and memecoin trenches fight for ever smaller gains (while most get rekt).
Profitable trades in non-meme alts are still here but for a winner there are big losers: $BERA down 50% while $VIRTUAL +230% in 30D.
It’s a trader’s PvP market, but I’m sitting it out, trying to identify what really matters.
And the big positioning is happening:
• Who’s gonna be the big winner of stablecoin adoption? Still waiting for GENIUS act as a catalyst
• How will Apple Store changes affect crypto retail apps? Possible winners?
• New hot L1s/L2s are coming (Monad, MegaETH, Ethereum R1…) while others are imploding: MOVE, OM… What’s the playbook here?
• CEX vs DEX: Will Binance and OKx come back after Hyperliquid again? How will permissionless perp listing on Hype change the market?
• Points meta dead, long live the points: Can someone reinvent the token issuance model? Binance is experimenting with new models, BOOP is interesting, too, but points are still the game in town.
• Will Ethereum pivot-not-pivot bring new $ETH bulls or it’s too late?
On top, we need to navigate uncertain macro conditions.
The Changing Crypto Order coincides with the Changing World Order bringing new opportunities.
But no free lunch here. Need to work for it.
Simply HODLing non-BTC assets might be dead, and adaptability will be rewarding.
CT is a lot of noise but offers less insight as the cycle becomes more complex.
Btw, I’m trying to identify more points how crypto has changed and will share to my blog subscribers this week!