egg

/egg106

eggman's musing, trading, and info-dumping channel

This is how it's done

$NAIFU launch on base, with anti-sniper tooling built into Naifu herself.

Snipers got so rekt they're trying to plead with the AI to show mercy on them.

(She's lying btw, she ain't sending a thing back to them)
/egg
melting with covid/some sort of flu or virus atm

keeping myself mostly horizontal - think markets will be a bit horizontal over the xmas period too. Likely pick back up proper in Jan.

smol chance of a "sell the news" event on Trump's inauguration imo, but all just short-term noise. 2025 is going to be bullish af.
/egg
Price could retrace to give opportunity for an entry before the move happens. But before that, a break of structure on the lower timeframe would be a very good confirmation to show that price is ready to move to the upside.

If you will take a trade, remember to apply proper risk management.
Looking at the Bitcoin Dominance (BTC.D) chart, it closed below the support level.
This explains why alts have been able to rally while BTC was declining.
BTC.D declining basically means that money is flowing from BTC into alt coins. We can expect to see alt season start.
Bid your targets. It’s time we started the run.
GMX with the "too many of y'all leveraged long" candle
/egg
If you're having a bad day, please know that someone on OKX managed to get liquidated on a $1.65mil position when ETH bounced back up to $3,296.

Imagine how late you would need to open your short.

And imagine the leverage. The unholy leverage.
/egg
On the bright side, ETH/BTC is about to hit the super-trendline.

So either pack your bags full of ETH, or.. well, join the capitulation party.

Think there's a lot of ETH sellers here that are going to be pretty sore in a few weeks time tbh.
/egg
More based lore & artwork from Gooeys, love this stuff

Make sure you're following /nova. We're cooking up our GameFi hard.
/egg
Definitely not trying to call any tops or anything like that (got a ways to go imo)

But as a general - if you hodl’d hard or picked up tokens at the bottom, you are absolutely entitled to take some profits.

That was a rough af few months. No genuine person will begrudge you taking a win when it’s finally offered.
/egg
Looks like btc.d might be headed for a blow-off top.

As sad as that makes my ETH bags, my POL bags are screaming for euthanasia 💀

Bright side, it’s more fuel for the eventual alt run. But man would I like that to start soon.
/egg
ETH caught a bid for a brief shining moment

And the entire market had to pull back as a result 😭

Looks like btc.d might fancy going higher. Short term pain, long term gain and all that 🫠
/egg
pls flip to support

for papa egg 😭
ETH/BTC is currently backtesting the 8W (left), and 50D (right).

The 50D has acted as resistance since mid-summer for ETH/BTC, getting above it was no small feat.

If we can hold the line here, it might finally be time for ETH to join BTC on its ATH-crushing journey.
/egg
I love my goobabies so much it's unreal
Some feedback on the new frames system (hi @v) - which I'd love to post on /warpcast, but the "only council-approved posters!!" channels circus continues

1) Raw Webpage vs. Image Rendering: do you seriously want to allow people to put javascript in a frame??

2) "They're slow": they're really not. /airstack is incredibly slow, because it loads about 2GB of node modules. Custom builds have no issue - rendering an image from html is not a compute-intensive task nowadays.

3) "Hard to develop for": skill issue tbh, the security offerings by the current system outweigh the learning curve.

4) "Not stateful": also skill issue. Store state in GET param or db on load.

Part of the appeal of frames is there's a very rigid UI/UX that must be conformed to. Those limitations are a feature, not a bug imho - alongside the security offerings in just loading a jpeg, the universal UI keeps frames relatively streamlined and under one general design hood.

If you need to make an entire rich-media website, make a website ffs.
/egg
Bang on the backtest range!

Crazy to think these prices were cause for celebration only 2 weeks ago. Now they have an air of doom around them.

No sentiment shifts faster than crypto sentiment 💀
/egg
So we did go for the backtest off our breakout, and so far at least have grabbed some support off it.

Could be psyop’ing myself but it feels like BTC is almost tracking Trump’s polling odds.

“it’s different this time” is a meme more often than not, but honestly, from experience, it’s different every time.

This time the uncharted waters are a bit rough tbh - def been the worst “crypto spring” but that was a direct result of us violently mooning way ahead of schedule.

It honestly feels like market makers are rinsing both sides of any leveraged liquidity. On the bright side, given the last few months of cascading liquidations either side, a move up past 80k is probably very easily afforded by them right now.

Learned some harsh lessons over the spring myself. Summer can’t come soon enough tbh.
/egg
God I love my little goobabies
gmeow all

Just a reminder that I do a lot of dev/deployer for hire work, but the only tokens I contribute to long-term are /nova and imgnai

Generally my stints with teams to oversee launches etc are bout 1-2 (intense) months; and that’s also why I don’t do it very often.

Got the long-term dev commitments to uphold, and the schedule is very busy these past few months.

Nova and imgnai are amazing utility-focused tokens, but rn the meta is more on the meme and agent side (imgnai doin work on the latter tho).

Memes are fun but honestly, v exhausting from a dev perspective. Launching them right is more work than anything else in the industry.

Most memes tend to fall down because they’re usually “learner” projects that just figure stuff out as they go. It’s very easy to think by nature they’re chill projects, but they’re anything but that if they’re done right.

Think I’ve had my fill of the meme game as a buidler for now tho. Back to the long-term stuff for me.

(Cool stuff coming soon)
/egg
If I bought Based $PEPE instead of DCA'ing my $POL bags I'd quite literally be yacht shopping right now
/egg
It may be a copeline

But it still caught eth for a lil boing
/egg
Seriously, if MATIC / POL doesn’t carve out the bottom and move up from here, I’ll cut my dick off.

This is a threat.
/egg
Gunna be real with you all, this is actually the most brutal chop zone I've ever seen lmao, at least in 2020 we just ripped the bandaid off

Anyway, bright side: ETH is holding at the 200w. BTC has grabbed the 8W for now, longer term trend-line remains intact below.

Stay the (painful, painful) course brothers
/egg
top signal: I feel bullish

No but really, I'm cautiously optimistic.

So far we're actually holding the support lines instead of falling straight through them. Weekly & 2-Week both being held by the 21ema/20sma respectively.

More importantly, we pinged up off the "line in the sand" RSI levels.
/egg