like most people thought we might get 50bps and that'd be great for the market. Powell was dovish and market did bounced quite well
Though what I'm thinking should happen now is down only which would be like a reset before October.
Great things are happening in Crypto
These last couple of days have been entertaining observing market and people behaviour. It seems like people are desperate for the price to go up
And now it's not just people but projects from the stoneage time of crypto are coming ahead thinking about launching coin
Metamask will drop it's coin
Just when I thought it can't get any better than I saw Metamask has said they're thinking of launching a coin
And it's gonna be huge cause everyone have used that wallet
Like it's the OG wallet everyone had to use once in their life even though it has been frustrating but still a gateway to many chains and now we might get a juicy airdrop for just using the wallet back in the days.
Luckily I still have the same address and wallet I've been using since 2021 on Metamask and hopefully I'd be eligible for only drop.
Though opensea is also going to drop a coin but haven't used that for even a day so meh.
Monad is just a mess
I'd regret if monad turns out like hyperliquid cause I've been trying to get the full access role in discord but at this point it's just a big mess
No matter how actively you're interacting with the chat you just won't get it
I've been like in server for over a year now but no full access yet and Mainnet seems to be around the corner maybe in October or November
But it's just so difficult that I'm now going to focus on other things instead.
Avax is the Trade going into October
As of now hype, ena, pump all seems to be crowded and it is just more PvP at this point
But what I'm going to do is build a long avax position from now on till the end of October
Because I know it is going a lot higher and will be a key trade in October.
The chart looks good and it is showing the strength you'd look to hold a coin before a trade.
It won't take long to breakout from that months long downtrend and pull some good gains. It'll just do good even if ETH performs or sol or bitcoin.
One of the coins institutions have eyes on and they know price itself is a narrative so yes will be good to see it reach where hype is at the moment.
Wrapping Up...
Nothing else to do in crypto rather than be careful and be optimistic about the coming days cause we're surely going higher but forced liquidations are on it's way.
The less we do is better, so just one trade is all I'm looking at right now though seems like we'd go down this weekend but let's see. What's your thoughts about it? Do share in the comments.
fin.