Ehi there #Crypto and #macro Twitter

Time for #market analysis #Number20!

"The CPI news flushout"

I will explain here what happened since last week, and cover the #crypto market starting from #onchain #BTC, going into #Technical Analysis + #macro🧵 First of all, if you want to have a deeper insight in what happened the week before, you should check my last #weekly #analysis

I'll put the link here for you:

https://twitter.com/ChainLogAnalyst/status/1567161517572759552?s=20&t=QUjgUP5O5owgKoz9AlMfxw

But let's start digging into this week, should we?

Surprisingly positive numbers on employment in America have been published.

The July unemployment rate drops to 3.5%, the lowest level since the beginning of 2020.

Non-farm payrolls (number of non-farm workers) are 528,000, more than double the expected value (250k). Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.

If you think that #solana #hack is weird you are probably new to #crypto

DeFi is young and has its problems, but some blockchain doesn't handle the concepts of web3 neither the function of a protocol.

Solana is one of them. A thread 🧵 We saw ourself that in the middle of a crysis Solana can manage to shut down the entire chain in a matter of seconds from a centralized "emergency button".

So as far as decentralization goes, we are not gone far, even with 2k validators.

#Crypto friends

Did you know that there are pairs that should be valued more?

To witness the power of the crypto industry and the money making trading strategies we should first know that using #Bitcoin as the medium of exchange to buy other coins or tokens is the best

Why? 👇 Take into account for a second future expectations and price targets.

Most people in the crypto industry think a 1m #Bitcoin is possible.

So let's take that as it is.

In this case, a 10% made on a #BTC pair is actually worth 50x more (taking a 20k btc or 40x with a 25k one)

Ehi there #Crypto and #macro Twitter

Time for #market analysis #Number12!

"Quiet, before the storm"

I will explain here what happened since last week, and cover the broader #economy as it breaks

I will start from #onchain #BTC, going into #Technical Analysis + #macro🧵 First of all, if you want to have a deeper insight in what happened the week before, you should check my last #weekly #analysis

I'll put the link here for you:

https://twitter.com/ChainLogAnalyst/status/1549423174508478464?s=20&t=iiAUvlg1U8JEjO-ED_VPOQ

But let's start digging into this week, should we?

Tomorrow a new market analysis will be out, followed by updates on the new macro data. This week will be huge.

meanwhile today I'm watching at something no one is looking at.

#Whales are accumulating they say.

A short thread 🧵

#onchain #BTC #Bitcoin So let's take in consideration for a minute the fact that we can divide the cohort and call them as we want.

@glassnode divide the 2 cohorts we are gonna talk about today like this:

#Whale (1,000-5,000 BTC)
#Humpback (>5,000 BTC)

#Tesla's #Bitcoin were sold OTC, were sold because they need their money back to hedge against their fear of recession and to appeal to investors in this period.

Do not be confused, that is strategy from a company. A bad one probably.

They invested what they couldn't afford to lose, buying high and selling low.

They have their terms, obviously they have to mantain positive cash flow, and errors on the accounting and investing side are made more by centralized companies these days than "decentralized" ones.

Today is an hot day, not only for temperatures, but also for economic data.

Follow me meanwhile I unroll all the new prints we had today

Super important thread on #inflation and the #housing #market

Lot of metrics to cover, get comfortable and get ready

🤓🧵 #CPI prints:

#UK YoY
Actual
9.4%
Forecast
9.3%
Previous
9.1%

#UK MoM
Actual
0.8%
Forecast
0.7%
Previous
0.7%

#Canada YoY
Actual
8.1%
Forecast
8.4%
Previous
7.7%

#Canada MoM
Actual
0.7%
Forecast
0.9%
Previous
1.4%

Let's unpack it briefly

Every now and then I will make a #thread 🧵 of #threads 🧵 to keep you all updated on the #alpha I shared across time on #Twitter.

Today is the day. I don't know how long this will be.

Let's start with the previous threads🧵of threads🧵 May 25th 2022 #Thread 🧵 of #Threads 🧵

https://twitter.com/ChainLogAnalyst/status/1529474485769887750?s=20&t=CduK-7SXFkscgsHb4g90TA