controlledChaos β’ marketMaker
New York, USA
Joined June 2024
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tiltedTrading retweeted
let me put $USELESS's relative strength into perspective:
when $BTC nuked from $82k to $76k during the Binance hack on Oct 29, $USELESS was trading around a $120m market cap
today, with Bitcoin hitting (and still trading around) $71k, $USELESS is sitting at $130m
that's a higher market cap despite Bitcoin being another $5k lower
meanwhile, almost every other memecoin is down double-digit percentages compared to where they were back then
THIS is the kind of unreal relative strength you want to see
it's alpha, and a clear indication that $USELESS is priming for a parabolic melt-up
MEMECOIN OF THE CYCLE!
tiltedTrading retweeted
show me a better-looking memecoin chart than $USELESS right now
this is an underwater beachball waiting to explode and go aggressively parabolic
and it is looking incredibly primed on literally all timeframes
only a matter of time before this explodes
$USELESS One of the memes that's been most responsive to any bounces on the lower timeframes.
Think this is at a decent level here, right at the Daily 200EMA and been holding up well as most of the market made new lows last week.
If it loses this then the $0.1 region would be next up as support.
These coins are good to trade for their volatility, just make sure you're on the right side of the momentum because when they trend, they trend hard.
I never really short memecoins as they are bound to punish you with random squeezes and such. I do think they can be good directional trades if the market is risk on and you can sit it out for a while to catch a solid move.
Right now, monitoring closely to see if $BTC can lead with some relief and how USELESS reacts.
tiltedTrading retweeted
All I know is that whenever the short squeeze happens it's going to be a beautiful sight.
tiltedTrading retweeted
once again, putting this on record so there is ZERO ambiguity about where i stand:
$USELESS will be the FIRST memecoin to hit $1 BILLION this cycle
if we get just ONE memecoin that pulls a $DOGE / $PEPE type run this cycle, it will be USELESS coin!
don't say you weren't warned
tiltedTrading retweeted
Mass panic across all markets yesterdayβ $USELESS strength persisted
Net $992K accumulated by whales in the same time period
Market makers were also on a mass accumulation spreeβ net $372K
Big 24H flow numbers on $USELESS, and it shows: price held strong while other on-chain coins hit new lows
Once this market-wide blood bath ends, USELESS is primed for a window of major outperformance
Keep an eye on how whale flows develop, more of the same and USELESS may lead the market up earlier than expected
Track whale flows live in the replies β¬οΈ
tiltedTrading retweeted
Few things to understand w this move. I know a lot of bear goggles will be fixated on shorting the move and thinking its a good R/R
Just remember, crypto endured the largest hack of its existence, ~$6.3B, price going back up is rocket fuel for higher not something to bet against
tiltedTrading retweeted
bitcoin back above 80k after visiting 76k bull market support. who would've thought?
tiltedTrading retweeted
Last time the market didn't properly sell off after a huge event like this was the FTX collapse
When I saw the lack of follow through then I got giga bullish
And we subsequently went from 16k to 100k
Hard to be bearish here after having been given the same setup yet again
tiltedTrading retweeted
$636K worth of $USELESS net bought by whales yesterday
This brings the 7-day net whale inflow for USELESS up to $1M
Whales are pivoting into huge USELESS bulls at a very fast pace
Price is responding violently too
Theyβre betting on more outperformance here as the market starts its next bull leg
Watch their flows closely as USELESS continues to outperform
Track whale flows live in the replies β¬οΈ
tiltedTrading retweeted
$USELESS remains the fastest horse
vs $DOGE vs $SHIB vs $PEPE vs $PENGU vs $SPX vs $BONK etc
THE memecoin of the cycle!
like i said
buy the $USELESS 'weakness'
unless you think the bullrun is canceled
$USELESS literally pumped 10x from ~$35m to $350m last month or so while NO OTHER SINGLE established memecoin even pumped 2x
not a single one
read that again, then tell me with a straight face this isn't THE memecoin of the cycle
a 60% pullback after a monster rally isn't a bug
it's a healthy reset before the next leg up
tbh, i don't know if the pullback is done or if we get more downside from here
but the strength $PEPE is showing right now tells me $USELESS goes much higher
when DINO majors start making big moves, smaller-cap 'meme of the cycle' plays like $USELESS can move WAY more aggressively
if the bullrun isn't canceled, you buy the weakness aggressively
