Duo Nine Profile picture
Feb 24 β€’ 10 tweets β€’ 6 min read
Here's my take on current events & markets.

πŸ“ŒTLDR: The bubble has burst. Not just for the market, but for the world we live in. 😱

Reality is back in fashion. We do not live in a post-war world. On the contrary, war is in Europe now.

How will the (crypto) markets react? πŸ‘‡
2/ Let's start with #Gold or #XAU.

Last week I posted this idea. MAJOR breakout for Gold. That was the time to enter...

Funny how the technicals were so on point in the current context. Smart money bought early!

Gold should reach $2k soon. Next #BTC πŸ‘‡
3/ #BTC kissed $34k as predicted weeks back.

Normally we get a bounce here, but I am not optimistic.

When US wakes up and with the situation so fluid in the world, expect further pain.

MAX PAIN is not here, not yet at least.

Prepare for sub $30k, it is likely now. Next πŸ‘‡
4/ The US Stock Market will likely crash today on open.

Russia closed its markets due to the πŸ‡ΊπŸ‡¦ invasion.

A 20% crash in the immediate future on S&P500 is very likely (pictured). 😱 Uptrend broken.

Crypto will likely follow with #BTC crashing under $30k. Next πŸ‘‡
5/ #ETH and shitcoins will dump even harder IF #BTC loses $30k.

Double-digit losses, 10-20% / day. Not once, but several times spread over days, weeks, months.

The total crypto market cap next support is at $1 trillion or a 25% drop from here (see pic). 😱

Targets next πŸ‘‡
6/ If you are interested in targets for this bearish market or where we bottom, I suggest you read my earlier thread (linked).

Some thoughts on Ukraine next πŸ‘‡

7/ πŸ‡ΊπŸ‡¦ is in a dire situation and I feel deep regret and frustration to see this country suffer, YET AGAIN.

I visited πŸ‡ΊπŸ‡¦ several times and the fallout of what is happening now will take DECADES to resolve...

The risk of spillover is very high. Eyes on China and Taiwan πŸ‘‡
8/ I was reading this morning Naval who posted "Pax Americana has ended."

It is tremendous how weak the West looks in the face of current events. Biden, Olaf, Macron met with Putin before this, and...?

UN SG desperately calling Putin to stop... πŸ‘‡

9/ The current events can be traced back to what happened in Ukraine in 2014.

For years the international community failed, war now followed. Where is the accountability? So many failures at all levels.

Who suffers? Ukrainian people. Terrible. πŸ˜₯
10/ If you liked this thread, #retweet the first post to get more of this content in the future! 😍

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More from @DU09BTC

Feb 22
1/ A #Terra - #Luna - #UST thread

My views on #UST growth and why I need to offer a more balanced/fair view on recent developments.

Particularly when I see such posts from fans like @CryptoHarry_

πŸ“ŒHint: Demand for UST has 6 months left!

Let's go! πŸ‘‡

2/

12 bil #UST was minted in the past year. A great achievement for a decentralized, algorithmic coin. I agree here.

Exponential growth as @CryptoHarry_ says. But here is also where things get a bit more nuanced...

Particularly if you expect this to continue in 2022! πŸ‘‡
3/ We need to answer one question. What drives #UST demand?

The most obvious answer is... Anchor's protocol 20% interest on deposits (pictured).

There are almost $7 bil #UST in Anchor deposits earning 20% APY today (pictured).

How can it pay 20%? πŸ‘‡ ImageImage
Read 14 tweets
Feb 19
Top pumps today while #Bitcoin tanks.

#API3 - 100% pump, whales accumulating
#ANC - 40% pump, bullish fundamentals
#LQTY - 40% pump after hitting $2

Above altcoins are solid. See thread for charts πŸ‘‡
πŸ”ΈAPI3/USDT - Massive pump after the breakout
πŸ”ΈANC/USDT - Massive rally ongoing
Read 4 tweets
Jan 23
1/ You keep hearing about these "#Ethereum killers".

But instead, most competitors show systemic failures, whereas #ETH has scaled to hundreds of billion on its chain (with only one downside, high fees).

Lets dive deeper. A thread...πŸ‘‡ Image
2/ I present you #Solana or #SOL (pictured).

The network FAILED during this crash. Stuck transactions... People could NOT move coins on #SOL network and some got liquidated because... they could not move their funds to cover for their loan in time... Not the user fault. πŸ‘‡ Image
3/ Next #Cardano or #ADA (pictured)

It managed to implement the first AMM this year and barely has ANY DEFI ecosystem... Transactions stuck, coins vanishing... #SundaeSwap was a fiasco. This will kill #ETH? LOL... or waiting 6h for a swap... πŸ‘‡ Image
Read 7 tweets
Jan 22
1/ 🚨 MARKET UPDATE🚨 A thread... πŸ‘‡

Below I will share my views of the market and my plan, are you in? Lets go...

#Bear markets are great opportunities to scoop coins at a significant discount. The right picks can change lives.

Don't fall into FUD! Start planning!

πŸ‘‡
2/ This is my third bear market. Here is what I learned so far. Bitcoin first. πŸ‘‡

#Bitcoin bottoms after 85% drop from ATH, #ETH at 95%. Will we see similar drops now? Possibly, but maybe not.

Below the #Bitcoin levels to watch as we drop. Image
3/ $30k for #BTC is almost certain. If that breaks (likely), then $20k is in play.

To me $20k is the most likely level where we will bottom after a 70% crash. Why?

Previous ATH and strong support levels. Moreover, institutions are here now, so a 85% drop is less likely. πŸ‘‡
Read 13 tweets
Jan 12
1/

#Terra / #Luna / #UST Ecosystem Risks - How real are they? #UST hodlers assemble! A thread 🧡...

πŸ‘‡πŸ‘‡πŸ‘‡

@terra_money #LUNAUST #LUNAUSDT #LUNAUSD

Full post on Reddit: tinyurl.com/2w9tna5b Image
2/

I've been looking into the Terra / Luna / UST ecosystem and I perceive some clear risks to the overall ecosystem in the current setup.

The following risks seem unlikely, but the chance of them happening is above 0, thus can't be ignored. πŸ‘‡
3/

This includes a possible total loss of funds for Luna / UST holders.

πŸ”΄ 1. UST market cap vs Luna market cap ratio as a risk metric for #UST holders

UST Market Cap today - $10.5 bil
Luna Market Cap today - $28 bil πŸ‘‡
Read 24 tweets

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