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Trading Crypto's Weekend Meltdown

Feb 3, 2025
The podcast dives into the recent liquidation event in crypto, analyzing how to navigate the turbulent market ahead. Discussion centers on the weak performance of altcoins and Bitcoin's critical role in a shifting economic landscape. Strategies for shorting in a bearish environment are explored, alongside the idea of an 'inverse alt season' offering profit potential. The implications of U.S. foreign policy on Bitcoin's future and the rising importance of privacy coins are also tackled, shedding light on evolving trading dynamics.
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ADVICE

Pair Trade Opportunity

  • Buy alts with ETF catalysts against ETH for better risk-adjusted returns.
  • These pair trades offer value after significant market downturns.
INSIGHT

Leverage Risk

  • High levels of leveraged long positions in a declining market are risky.
  • This can lead to significant liquidations and further market downturns.
ANECDOTE

Shorting Whiff

  • Avi and Jonah discuss shorting "whiff" after a 70% drop in two weeks.
  • Jonah generally covers shorts after a 20% daily move.
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