Market Talk with Friends (a twitter space by @CryptoCred and @FTX_Official) provided some phenomenal market insights from some of the best-known $BTC traders today.
Here are a few quotables (not always word-for-word) and hot takes that I took away:
"Part of the reason TA works so well is because sometimes there's no signal in the market, and we're all using the same tool kit"
"I caution people on the NFT space. NFTs are here to stay, but the vast majority of them in two years are going to be worthless. View them as a levered bet on Ethereum"
(Respond with your own and I'll add them if I like them)
Communities that try to maximize use cases of a token with gimmicks (tipping, airdrops) will be less successful over the long term than communities that have a single, long-term value proposition.
The economics of many tokens are simply detached from reality.
Founders and speculators should think about the supply and demand causing price action before anything else.