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RT @rektcapital: #BTC One of the most positive things about this current pullback is that this same type of retrace took place at this sa…

RT @solbrdl: What’s $flow state exactly? It’s not a meme coin, it’s not an utility coin, it’s more a type cultural movement coin (like AU…

same type of price action observed in August 1st in this yellow box; you can see that price will continue chopping lower into deeper liquidity. this first area that we're seeing now at 115k is the first support region up on very low time frames but still just watching

only one hour left from the end of the poll and I realized that perhaps MC is prolly not the right measurement bc @jessepollak obviously earned more from his $ MY CONTRARY OPINION than @aeyakovenko did from his! (Jesse you really should come claim your fee before it goes expired) however, this debate with skin in the game inspired some other thoughts: 1. how can we really reward people who gave the first 1000 trends, i.e. how can this become a product that rewards people who "investing in this tweet at xx likes"? (remember, likes fade, trends stay) 2. people who truly wanted to express their views and support toly or jesse may not necessarily jeet fast, but not everyone has a strong view to stay. how can we build a product that can cater to both the type that does pvp for excitement and the type that wants to express views in positions (and correspondingly, get rewards for being early - what we discussed in the point no.1) these questions clearly are the ones that should be answered if one is seriously thinking about protocolizing a social and creator network. if it wasn't clear to us a week ago, it's much clearer now we shall share the design principle soon, trend is good

$BTC As the weekly close approaches, here’s what I’m watching heading into next week. Review of this week (BTC): BTC reclaimed the monthly open around 115.7Kand pushed into the 120K liquidation zone highlighted last week. After setting a new ATH and running stops on shorts, BTC met a sharp rejection - which was expected. The market always seeks liquidity, and in this case, buy-side liquidity sat above after filling the imbalance near 112K earlier in the week. Outlook for next week: BTC has now reached a point of equilibrium within its range. We’ve already swept the 112K lows and taken out the ATH stops. So, where’s the next pool of liquidity? I expect the 115.8K-114K zone to be tested next week. However, considering we’ve already retraced nearly 7K from the 124K highs, late shorts are now vulnerable. This opens the door for a potential 120K retest as well. The key is not to predict what comes first, but to react when price reaches these levels. At the start of next week, two scenarios are most likely: 1.) A push toward 119.5K–120K to establish Monday’s high. Or... 2.) A sweep lower into the monthly open liquidations at the start of the week hunting longs. From my perspective, there’s an even probability of hunting either side first. When probabilities sit around 50/50, the smartest move is to sit sidelined or monitor LTF structure for either continuation or a breakdown. At the end of the day, the most important question in trading remains: "Where is the liquidity?" By studying candle closures, wicks, and bodies, you can read the market narrative: who got hunted, who’s trapped, and who’s exposed. I value posting this type of analysis more than trade setups, since it offers a clearer view of how I read the market. Looking back, all of my weekly outlooks have hit their targets without a miss.