Today’s Narrative - 📉Bearish📉

Macros

• Bitcoin continues its descent, currently at $92k, and may drop further to $90k or lower. This correction reflects a necessary pullback after extended bullish momentum, setting the stage for future stability.

• Market history signals caution, as a similar setup in 2020 led to a 30% drop in altcoins. A repeat of this pattern could push smaller assets down further in the short term.

• Liquidations cleansing the market, with $1.40 billion cleared in the last 24 hours. While painful, this process reduces leverage and prepares the market for healthier growth ahead.

• Short-term bearishness dominating sentiment, but corrections like these often precede strong rebounds. Seasonality suggests the market still has upside potential as we head into the new year.

• SEC-approved ETFs offer long-term optimism, with BTC and ETH included, potentially leading to more assets and passive inflows. However, short-term bearish pressure is likely to continue until support levels are confirmed.

Crpytos

• Bitcoin’s downward momentum raises caution, as it struggles to hold key levels. Wait for BTC to stabilize near $90k or find support before considering new positions. Trend reversals are typically confirmed by sustained price action above support levels.

• Altcoins facing increased pressure, with historical patterns hinting at potential deeper corrections. Be prepared for volatility and prioritize projects with strong fundamentals.

• Solana weighed down by unconfirmed FUD, as rumors of FTX holding ~8% of SOL create negative sentiment. While fundamentals remain steady, uncertainty may persist until clarity emerges.

• $USUAL’s strong fundamentals highlight resilience, despite a brief price spike caused by a hacked Twitter account. The protocol remains a leader in tokenized T-bills with significant adoption growth.

• Hyperliquid thriving in market volatility, with increased activity and volume driven by favorable conditions for active traders.

• Aptos undergoing leadership change, as co-founder Mo Shaikh stepped down, making way for a more crypto-native CEO. This transition could drive the project in a new direction.

• AI agents gaining traction, we’re predicting that AI agent narratives will be replacing memes narratives in 2025. Projects like Jailbreak are exploring AI's utility while rewarding user participation.

• Dino coins showing unexpected strength, but their rally may not hold in the current bearish environment. Monitor for opportunities if broader sentiment improves.

• Emerging discounts provide buying opportunities, but patience is key. Ensure BTC stabilizes and confirms support before entering the market to avoid catching falling knives.

• Robinhood listed BONK, which saw significant leaks a month prior, reflecting growing interest in emerging meme tokens.

Our Stance

The market is undeniably in a bearish phase, with Bitcoin dropping to $92k and likely testing the $90k level soon. These corrections, while uncomfortable, are essential for shaking out leverage and resetting overextended sentiment. Historically, pullbacks like this have paved the way for stronger, more sustainable growth, so it’s crucial to view this as a short-term hurdle rather than a long-term setback.

For those looking to buy into the market, exercise caution. Discounts on strong projects may look appealing, but confirmation of BTC stabilizing at support is vital before re-entering. Watching for a reversal signal—sustained price action above support—can help you avoid unnecessary losses and capitalize on the eventual recovery.

While the short-term outlook is bearish, this correction is setting up for healthier market dynamics ahead. Patience, discipline, and a focus on fundamentals will be key as we navigate this period. Stay prepared for the rebound and ready to act when the trend begins to reverse.

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📉Bearish📉

“Hawk Tuah Girl” Faces Lawsuit Over Memecoin Collapse

Hailey Welch, known as the “Hawk Tuah Girl,” is now being sued following the collapse of the Hawk Tuah memecoin—a project she heavily promoted. The memecoin promised investors massive returns but ended in a crash that wiped out its value, leaving a trail of angry investors who are now seeking legal recourse.

The Lawsuit Details

Investors accuse Welch of misleading promotions and failing to disclose the risks of the project. The lawsuit claims that Welch’s endorsement created a false sense of legitimacy for the coin, luring in investors with promises of fast gains. It alleges that Hawk Tuah was essentially a “rug pull,” where insiders profited by dumping their tokens, causing the coin’s value to plummet.

The plaintiffs argue Welch had a duty to be transparent about the project’s risks but instead helped create a marketing frenzy that led to their losses. This case could set a precedent for holding influencers legally accountable for promoting fraudulent or poorly managed crypto projects.

Why This Matters

1. Influencer liability is on the rise: Welch’s case could mark a turning point, with influencers being held responsible for the projects they endorse.

2. Investors must stay cautious: Flashy promotions often hide risky ventures. Always verify a project’s legitimacy before investing.

3. Legal and regulatory changes incoming: If the lawsuit succeeds, expect tighter rules for crypto marketing and influencer promotions, making accountability a higher priority.

TLDR

Hailey Welch’s legal troubles are a stark reminder that the crypto space is evolving, with consequences catching up to those who push risky projects. For investors, it’s a wake-up call: DYOR (Do Your Own Research) and skepticism are your best defenses in a space rife with both opportunity and danger. For influencers, the days of unchecked crypto endorsements may be numbered. Accountability is here, and it’s coming fast.

📉Bearish📉

Bitcoin’s Pullback: History Repeating or a New Trend?

Bitcoin’s recent dip to $92k has shaken some investors, but historical patterns suggest it might not be time to panic. Analysts are drawing parallels to a similar market move in 2020, roughly 250 days after the Bitcoin halving—a pivotal event that reduces the reward miners receive and often sets the tone for long-term price trends. Back then, Bitcoin dropped sharply but rebounded with a staggering 140% rally.

What’s Happening Now?

The current pullback, just over 200 days post-halving, mirrors the 2020 pattern. Back then, a major correction wiped out speculative excess before a massive surge took Bitcoin to new highs. While history doesn’t always repeat, it often rhymes, and this setup could signal a healthy reset rather than a cause for alarm.

Why Does This Matter?

1. Corrections pave the way for growth: Sharp drops help cleanse the market of excessive leverage and speculative positions, setting the stage for sustainable upward trends.

2. Post-halving trends are key: Historically, Bitcoin halvings have been followed by explosive growth. While there’s no guarantee, the timeline so far aligns with past cycles.

3. Market sentiment is shifting: As dominance rises and altcoins face heavier losses, Bitcoin could be gearing up to reclaim its position as the market’s anchor.

What’s Next?

While the short-term outlook remains uncertain, this pullback could present a buying opportunity—but timing is critical. Look for Bitcoin to stabilize near a clear support level, such as $90k, before making moves. Waiting for confirmation of a trend reversal is often safer than trying to catch a falling knife.

TLDR

Bitcoin’s history suggests corrections like this are a feature, not a bug. If the 2020 pattern holds, this dip could be the precursor to significant gains. Stay patient, keep an eye on support levels, and remember: the long game often rewards those who stay informed and strategic.

📈Bullish📈

From $300K to $10M: The Taihuttu Family’s Bitcoin Bet

In 2017, the Taihuttu family sold their $300K house for 100 Bitcoin, ditching the suburban dream for a bold gamble on crypto. Many called them “crazy,” but with Bitcoin now at $100K, that decision turned into a $10 million mic drop. To put it in perspective, they could now buy 25 of those same houses—or just one with a really good wine cellar.

The journey wasn’t all rainbows and Lambos. Bitcoin hit $60K in 2021, only to nosedive to $17K after the FTX debacle in 2022. During the chaos, the Taihuttus moved $1 million to decentralized exchanges and stashed their holdings in cold storage across multiple countries.

For the Taihuttus, Bitcoin isn’t just an investment; it’s a lifestyle shaped by guts and HODLing. Their story proves Bitcoin can outpace inflation, reward risk-takers, and make boring bank accounts look like grandma’s cookie jar. If nothing else, it’s proof that sometimes the craziest bets turn out to be genius.

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