Sam retweeted
solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk
I want to see a reclaim of $0.1366–$0.14 and that area holding as support. Until then another move lower wouldn’t surprise me.
My long-term target remains $3–$5. That’s my conviction.
If we go lower I’ll welcome the opportunity to gradually add more spot.
There’s no need to rush or go all in at once. Keep cash available and give the market time to build its structure.
Let the market do its thing. Patience creates greatness. 🙏🏾
HAVE A GREAT DAY ☀️
Sam retweeted
For months, their price action followed remarkably similar structures
Then something changed around May, their paths started to diverge
But here’s the interesting part
When $PEPE finally started showing strength again, $USELESS didn’t just follow
It outperformed it by a significant margin
That’s the kind of relative strength I want to understand
Because if this behavior repeats under the right market conditions, $USELESS could become a much more interesting play than most people realize
Sam retweeted
TLDR: strong alts are a good bid here & likely better bids vs $BTC
i think $USELESS is probably one of the best altcoins/memecoins to bid, especially with $PEPE being incredibly strong — considering how both have moved together this cycle
USELESS has historically lagged PEPE on these moves, but it has always outperformed eventually!
Hehe @theunipcs bro posted solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk thesis on marscoin 😄
It’s simply $useless season
Sam retweeted
altcoins holding incredibly strongly even with $BTC going lower
e.g. BTC is down to $77k from $79k at the time of the quoted post
a lot of alts are somewhat lower too, but are holding relatively well compared to BTC
Binance seems to have rebought most of the coins from the hack, and they have about $3 billion frozen that should be returned to them
headline figure here is $6.3 billion & half is frozen + Binance likely gets a good portion of the rest recovered on a decent enough timeframe
it's possible Bitcoin wicks a bit lower to mark local lows before things get exciting in the coming weeks/months
but most of the pain for altcoins is likely done here IMO
and i think the odds favor being long altcoins and DCA'ing into dips from here if we get them
i tend to be a perpetual optimist and i'm generally careful about tweeting bearish stuff
but i do not think we're out of the woods yet
$BTC proceeded to dump 21% a week after the Bybit hack in Feb 2025 (~23% two weeks after)
the Binance hack is far bigger, both in scale and significance
as much as i would like to believe it is over, historical precedents make me lean towards believing it is not
this reminds me of 10/10, where everyone thought the bottom would be in ASAP after such a massive flush, only for us to go through one of the worst crypto winters the industry has experienced in a long time, both in scale and duration
while i do think this incident creates THE local bottom before the real face-melting run we've all been waiting for (i think cycle lows were already in back in June!)
it's hard to imagine things getting much worse, and i don't think this is going to be as bad as 10/10
but i also don't think this is going to play out in a day, as many would like you to believe right now
the best move for now is to preserve capital IMO!
