Market chaos, Synthetix updates and more - The Daily Gwei Refuel #124​​ - Ethereum Updates

Transcript

hello everyone and welcome to another episode of the daily gray refuel where recap the latest news in the ethereum ecosystem i'm your host anthony sosano and today's the 19th of may 2021 all right everyone i'm sure you've been waiting for this episode today uh it's been a day that's for sure i uh i don't know what to say really i'm kind of in disbelief uh obviously i'm talking about the price here you can see on the chart that this has been one of the worst dumps in probably in a very long time i would say uh it's gone much lower than most people thought it would uh you know we went actually under 2000 here at 1900 at time of recording i really hope by the time you're watching this uh we haven't gone further down than that like this is this

is really really crazy i mean if i switch to the to the weekly chart here you can see like the magnitude of kind of like this dump is very similar to what happened with the covert dump and that's actually the vibes that kind of like i'm getting right now is this feels exactly like the covert dump from back in march uh people getting kind of liquidated everywhere right uh people kind of losing lots of money uh people you know really really panicking trying to buy dips but it just keeps falling and i yeah i personally i mean don't know what to think over the short term i don't i didn't expect this i don't think anyone expected this you know there were some people calling for around a three thousand dollar eth right and and they probably uh i mean they were right there obviously

and they probably got filled there with some buys but uh i don't think anyone expected this and there was no reason for it really i mean i know i spoke about the other day how you know as humans we always try to find reasons for these dumps and things like that but for dumps of this magnitude in such a short amount of time you would expect something to trigger it right like we can point to this one and say okay well this was the global kind of sell-off because of the covert uncertainty and then you look at this one you're like okay like why did we why did we come down here was it because we went up too fast um which i mean we went up really fast and like i expected the dump of you know these levels up here but myself and

pretty much and no one else expected it to go down like this much off that and you usually don't see that right we didn't even see that in all the other previous dumps that we've had um you know over the last few months so or at least even over the last year like this is literally like it was back here which is yeah it's uh it's definitely giving people pause i think i obviously still remain long-term bullish and everything like that i haven't sold any ether i actually dipped into my fiat reserves for the first time in a long time today to buy eth i bought it about 2 900 which obviously wasn't ideal because i really did not think it was gonna go this deep um but yeah i don't really ma you know i don't really have any kind of like other other things to say uh you know in

terms of like words of wisdom or what to do anything like that i'm not gonna tell you what to do um you know i always encourage people to just really manage your leverage and not take on too much leverage when you're trading or doing you know these sorts of things uh because yeah it's very easy to kind of get wiped out on these on these dumps and i've seen many people uh get wiped out on them so i really uh encourage you if you are uh playing with leverage to play it really safe at the end of the day like whenever i take out a leveraged position my liquidation price right now is like 700 right it is really really low and you know not to say that it can't go to there right but like that would be really really really bad um you know

what we just saw was really bad and you know some people are saying oh well that's the bull market done it's over we're going into another two year bear market i i honestly don't think so uh you know and this is just my opinion i could be totally off base and wrong here but this bull market to me the entire time has felt very different to 2017 like very very different and all the charts you can kind of look at people try to compare it you know they try to compare 2017 to today and trying to find patterns and things like that that's fine but i think in terms of just like general um not not just market structure but general kind of like attention around crypto and how crypto's been going and like you know crypto becoming more legitimate as a platform especially ethereum and

things like that i think that plays a big big role but those are more longer-term things i don't think it's a short-term thing short term i have absolutely no idea what's going to happen i have never claimed to know what's going to happen short term uh most people don't right uh but yeah i guess um you know long term i'm i'm still really bullish i don't know if we're going to go into i mean this damage here has been pretty brutal like we could go into a sideways slash down movement for for months from here i don't know if that if that's going to happen maybe it doesn't happen i'm not playing it in any particular way i'm not buying or selling assets or doing anything like that um i'm definitely not uh you know taking on leverage to try to play these kinds of things and

you know right now the the market is like super crazy uh you know even just like on chain you can see here the gas prices there are 2 000 gway uh that means a lot of people are currently like super scared uh and they're trying to close their positions they're on chain kind of like uh leverage positions and things like that so that it don't get liquidated there's a lot of arbitrage going on between the different um exchanges and things like that um so yeah i think you know this is going to be the highest volume dump in history for crypto i believe because there's so much money in the system now i believe it'll be the highest uh 24 hour fee revenue for the ethereum network ever um because 2000 gray that's that's a crazy kind of price there um and uh i just believe that this is

going to be a day that's etched into a lot of people's minds you know think about the last few months how many new people have come into this ecosystem they haven't experienced anything like this like you can just look on the chart they have never experienced i mean if we if we kind of measure it from top to to what it went to the bottom here that was a 56 57 drop in two uh in two weeks right like this is i mean not even two weeks this is the 10th of may nine days we had a 56 percent drop in nine days that is not something that uh you know most people have experienced right um and and this is just eighth like a lot of the other things are down um you know about this amount if not more um and people are going to get scared off

definitely people are going to get scared off here there's institutions that are now underwater like think about elon musk these tesla bitcoin buy definitely underwater at this price i don't think they're they're so reactionary that they're going to sell the bottom or anything like that but but who knows right and and who knows where the where the buying pressure is going to come from you know immediately now everyone's like you know by the dip and you see these kind of wicks playing out or people try to buy the dip and then it keeps going lower because of the fact that people keep getting liquidated because they're buying the dip on leverage and stuff like that um and then yeah if you just like structurally look at the chart here i mean the monthly chart looks pretty pretty bad um but we've seen this before you know remember the 2100 to 1300 dip

but i think this dip feels a bit differently to that one i think that one you know i i pretty much everyone i knew was just laughing it off and thought that it was like you know uh just a hilarious dip to buy this dip feels different like the sentiment that i'm seeing people are genuinely scared this time um so you know whether that's a signal that you know this is like a local bottom we're going to continue higher i don't know as i said not playing the short-term kind of markets here uh and long-term still bullish long term still plenty of catalysts for eath uh um you know coming around and things like that but i'm not going to tell you that if you buy now you're going to you know double your money tomorrow anything like that i don't know when you know what the bounce is going

to be like here or how how much it's going to bounce or anything like that so yeah just wanted to kind of get in front of a lot of questions that i'm sure are going to pop up you know over the coming days about what happened there was no trigger really at the end of the day there was there was no trigger there was just you know it started dumping then it kept dumping and then fear kicked in and it kept dumping you know you had cascading liquidation liquidations going on and then extreme fear kicked in and it kept dumping and blah blah you know and then eventually the market you know always finds a bottom it's not going to zero like anyone who's saying it's going to zero is joking or they're just like totally off base it's not going to zero that's just dumb

but uh you know there's no telling what happens from here do we go into a bear market do we go into a bull market who you know so do we continue the bull market who knows right maybe this is just a different kind of cycle maybe we just have like a longer cycle playing out now where it doesn't play out like the other ones did which i think is actually true because if you look at them i mean just just the structure of these monthly charts on the 2017 um kind of bull market for eth they went up a lot quicker right this just seems a lot more gradu gradual even like in terms of like magnitude um even though we've gone up to some pretty crazy prices so maybe we just get a longer bull market right maybe we just get a longer maybe maybe the markets actually you

know maybe ironically the market's actually maturing to a point where we are able to quickly clear out a lot of these kind of like a lot of this toxic leverage in the system quickly clear out the quote-unquote weak hands and we can continue up from here uh much quicker than that so we basically have like mini bears and and bull cycles uh instead of like one grand cycle so we'll see what happens uh as i said uh you know i've said this a few times already but uh i don't have any special knowledge uh anyone claiming to have any special knowledge on twitter is is kidding themselves uh no one saw this coming absolutely no one i i follow a bunch of traders i follow investors i follow a lot of smart people absolutely no one saw this and ever anyone who tells you otherwise is just

um he's just laughing or you know just basically uh faking it out maybe there's like one trader that i haven't seen that puts some like chart out there that said we would go back to this price you know just like a a random guess you know a broken clock is right twice a day and all that sort of stuff but generally yeah this was this was this was bad in terms of like uh catching people off guard i'm curious to see where we go from here but anyway i think i'm gonna i'm gonna leave it at that because there's not much else i can say here i don't i don't have any special insights i did put out a tweet here that said in hindsight the dog tokens were a pretty amazing top signal and generally i mean not not so much the dog tokens but more specifically i guess

uh the um the general froth in like the coin market i guess you could call it in the scam market in the dead zombie chain market that i mean to me personally i saw that and i was like this is just this is just insane like and then i was thinking to myself surely this this we're gonna have to pay for this somehow surely we're gonna have a have a pullback and then when we did have the pullback i was like okay this is healthy right this is clearing out a lot of this kind of like crap that's been going on but then we kept falling and i'm like okay okay and then we kept falling again and we've kept falling and who knows if it's stopped by the time you watch this video maybe maybe we've fallen even further i hope not but i think that

you know in hindsight right it was it's a pretty amazing top signal but as i said you know as i explained the other day these are just humans you know i'm human i'm looking for signals in the noise i'm looking for reasons why but at the end of the day maybe there isn't a reason why maybe it was just a random thing that happened and was going to happen anyway and people are just going to have to deal with it so that's that i think i want to move on to some more positive news actually i think i have one more tweet here uh from ash here who said that and he posted this before all the big dumps happened but he said that you know btc inflows to exchanges have been quite large whereas outflows have been have been large so it's kind of like a

flip there now i personally i actually think this whole dump was btc-led um i think btc has been weak for quite a while because it you know kind of rejected 64k rejected going into price discovery again then came back down broke through all those psychological levels broke through 40k almost broke through 30k i don't think it actually broke through 30k if i check my charts here no wow holy crap i'm just looking at the chart now it wicked off 30k oh my god i'm just looking at the charts up here there's some insane wicks going on now so uh what a wick means basically i'm looking at the one hour charts and when you look at a candle there's like the body of the candle and then there's the wick if something's like wicking up right from a price it means there was like a

you know it just bounced really hard because there was a lot of people buying at that price but you can also have like wicks down where a lot of people were selling and like uh all of that really positive price action was kind of erased there but yeah i'm just looking at it now so btc did actually touch uh 30k there eth went to you know i think maybe 1800 or something like that depending on what exchange you look at i usually look at coinbase pro but i'm just yeah i'm just looking at the charts now but i'll leave it at that for now but as i said i think that yeah this was definitely btc-led uh i'm you know i don't know i don't know how institutions are going to treat this are they going to look at these markets and be like holy like

this stuff just fell 50 in a couple of weeks can we actually put money into this like how risky is this who knows we'll see but still good stats here from ash who kind of like spotted these btc inflows and eth outflows here but i'm gonna leave it at that i think and move on to the next piece of news here which is that uh kathy woods arc in investment holding company here is holding the grayscale ethereum trust and has about 639 000 shares which i think at current prices equates to two million dollars maybe uh i'm actually not sure what the e3 current e3 price prices i'm just scrolling through the comments to see if uh if uh if if there's any prices here but anyway it's it's a few million dollars i think of of ethio which is really cool to see that

that kathy owens eighth because she owns uh btc as well uh or her fund at least owns btc as well so it makes sense here that's a positive signal too um i think in it you know generally it's just a positive signal that these institutions are even buying this sort of stuff to begin with you know it's as you've seen it's still very very risky um you know who knows if they're going to keep buying stuff now uh maybe they will maybe they'll buy the dip right like everyone wants to buy the dip institutions are the same like i don't they're made up of people maybe they want to maybe they think this is a steal who knows but yeah it's still really cool to see see uh kind of kathy i mean cr kind of put out this kind of announcement today they're holding

some uh some through the grayscale ethereum trust here so there's a great blog post put out today from the ethereum foundation uh researcher carl uh here who basically said that uh ethereum the idea of the blog post is that ethereum will use at least 99.95 percent less energy once the eth1 to e3 merger goes through now obviously this is because it's going to be proof of stake and not proof of work and the way carl came to this number is that he basically did a bunch of research here you know he definitely made some assumptions or put together some nice charts and you know explained his reasoning in this blog post so if you want to read this it'll be linked in the youtube description of course but i think this is another reason actually just going back to price for a bit uh

sorry but i think this is relevant i think this is another reason why btc has been so weak lately is because of this really bad narrative around um its energy use because i don't think as i've explained before that war can be won i do think it's going to be a very poor narrative going forward for quite a while for bitcoin i do think bitcoin is becoming a little bit poisonous to hold because of it whether that's poisonous for institutions or individuals or whatever and i do think there are a lot of people who are going to avoid buying bitcoin because of its energy usage on the other hand when eth merges eth1 merged with eth2 we won't have this problem anymore and that's that's actually one of the major reasons why i'm bullish on ethereum like uh more long term is because

ethereum doesn't have to deal with this it doesn't have to be bucketed in with this anymore and ethereum can once the merge happens we can now uh advertise ethereum as being uh you know green and eco-friendly and we have stuff to back it up and it's very simple for us to say well ethereum doesn't use mining it uses this other thing which doesn't use um it uses way less electricity and that's just a very simple explanation rather than bitcoin is trying to you know explain to people oh well you know bitcoin encourages renewable energy research bitcoin you know it doesn't actually use as much energy you think it does bitcoin is good for the planet blah blah as i've said before that's too complex right that's just doesn't it doesn't lend itself to an easily explanation it doesn't lend itself to an easy narrative and at the end of the day

narratives and memes rule the world so if you can't explain something simply to a mass group of people you're going to lose the narrative war and i think bitcoin will lose that narrative war on the energy usage front here so that's another reason why i'm super bullish on ethereum but anyway if you want to see like an accurate breakdown of it and how carl came to these numbers definitely check out this blog post here so synthetics had some really great and bullish news yesterday where they basically are kane the the founder and ceo put out a blog post detailing kind of the future for for synthetics here and what they're actually kind of going down what parts they're going down so i think the major updates were an update on layer 2 that they're saying in the next few weeks there's going to be exchange functionality on their layer 2

which is optimism uh for those of you who don't who don't know um so that's going to be cool to see you know optimism kind of like working in live in the wild here but also they announced that they're actually spinning out a bunch of projects um from the from the synthetics umbrella into independent projects so there's actually going to be four of them i think uh so there's one called fails and i think uh i think i'm not sure if they if it's detailed anywhere but each of these projects do do different things here um some of them do options some of them do other things but the article explains this this all but anyway there are four projects called thales lyra aylin and quinta and quinta's live today and they'll all have their own token and these tokens will be distributed to snx stakers now quenta is actually a

front-end uh an interface that's built on top of synthetics that makes uh it really easy to trade uh on on the synthetics platform i think uh alien is like a a treasury platform or something like that or a fundraise platform for memory uh either fails or lyra is the options protocol platform and then something else i can't remember exactly what it is but anyway if you're an snx holder this news would make you very happy i know i am very happy i would love to get you know obviously some of my hands on some tokens here but i think this is really cool just from like a experimentation point of view and you know from a synthetic kind of synthetic fundamentals point of view as well but i'm most uh i guess like i'm most excited for uh the layer two stuff that's happening you know exchanging on layer two doing

kind of synth swaps and things like that actually i'm just looking at the screenshots now so lyra is the alt is it as a native l2 options protocol uh which is really really cool um and i don't know fails uh decentralized options uh on more than synth price speculation so uh sport outcomes elections flipping okay really really cool to see that as well so yeah if uh yeah if you're a fan of synthetics definitely go read that blog post it is uh on cain's twitter you'll be able to find it there very easily so cyber hokey put out a really great uh tweet thread today kind of fighting back against this tweet from this person named emperor btc here where he tweeted ethereum maximalist act the same way bitcoin maximalists act to high fees slow transactions and lack of scaling

criticism it's the text it's the tech you support not the cult except innovations be open to new doors adoption can't be paved with slow 300 uh transactions now anti-pro synthesis also replied here where he said most scalability r d today converges to ethereum you can be both excited about the high demand that high fees signify and be critical about the inclusivity inclusivity of such high fees meanwhile transacting btc on bitcoin is still more expensive than transacting eighth on ethereum so i think that that kind of um i guess like uh uh tldr's it quite well but cyber hokie goes into uh you know further detail here where he basically has a thread and he starts the thread by saying uh this is false ethereum is full of people working on these not throwing their hands in the air and pivoting to narratives that

disregard the issues ethereum is slow ethereum is expensive ethereum under proof of work is wasteful ethereum acknowledges this and is working desperately to fix all of this i think this is like totally accurate and i couldn't have said it better myself not once have i seen anyone in the ethereum ecosystem say that ethereum is perfect that high fees for end users are perfect that we shouldn't scale that we shouldn't get off proof of work that is the beauty of ethereum and the whole ethereum ecosystem both in the develop ecosystem and just the general community part of it we all believe that ethereum needs to improve that ethereum is not perfect that uh we can keep doing things to make ethereum the absolute best um you know blockchain or decentralized blockchain

in existence and we can we'll keep working to do things like making eth the best asset in existence and that's exactly what happens right like ethereum's monetary policy isn't just sticking to one thing where we where we basically say oh well okay let's just stick to um you know just perpetual issuance forever and throw our hands up and then we're done right and it'll just be arbitrary whatever we decide no what ethereum did was we did a lot of kind of like the community and like the the researchers did a lot of uh deep diving into what works right so we ca and then we came up with like the perpetual issuance under e3 with with staking and also aip1559 um that is and and that works to improve a number of different things which i've gone through before

and then um outside of that the layer two stuff right we took multiple tracks to scaling ethereum there are roll ups there are side chains there are commit chains there's plasma there's all these sorts of things right and there's multiple teams tackling this that's like 10 plus teams at least at the very least tackling this i think there's more than that now there's probably like 20 teams now that are tackling scaling in layer 2 scaling in some way and even more that are tackling scaling in other kind of means so when you kind of like take that you know holistic approach you can see that um you know ethereum is very critical of itself and is very open to improving itself and on top of all of that we've been working on proof of stake since 2014 we didn't give up on it we never we

never threw in the towel we didn't just say oh well this is just the way ethereum is going to be we're just going to be on proof of work forever we did not do that so you know i mean just going through all of this stuff right now is making me really bullish like just this is this is the kind of stuff when people tell you to focus on the fundamentals think in years not days right because none of this stuff changes with the price moving literally none of it right the price from of eth from 2014 went from 30 cents to like uh you know 10 or sorry twenty dollars i think in 2016 to like seven dollars to fourteen hundred dollars to eighty dollars to you know forty four hundred dollars to twenty whatever it is now three hundred dollars um and literally none of this changed

uh regarding proof of stake right got moving to the mistake that kept building the entire time scaling in layer two kept building the entire time d5 kept building the entire time and this is what people mean when they say focus on these things this is how you don't get shaken out during these um dumps especially dumps like this where fear is at an all-time high it's just destroyed everyone your portfolio is down 50 right and you're just like underwater and you're thinking is this it is this all over well i mean if you're looking at the charts and depending on what time frame you might feel like the world is ending but then you take a step back and look at all the fundamentals and you might be like wait wait wait a second this is all real right one five five nine is still coming the

merge is still coming d5 is still going to change the world um you know all this uh scaling is coming and everything like that so taking that kind of like long-term view there is what i do and what i do a lot of the time and is extremely important to resent yourself and you know i know it can be very hard to sometimes think of this especially when you know you're seeing things play out in the markets and you're just like your mind's just on the chart right and this is why i encourage people to close the charts you know on days like today what i like to do is i literally just minimize all my charts and i just sit here on my computer you know some of my screens are blank you know right i have my charts on on two screens above me here i literally

have had them closed most of the day and then only uh you know recently when i saw that the um my friends were messaging me like holy crap what's happening i was like i looked at the charts and looked at the prices i'm like oh okay this is this is interesting here uh because for your mental health even if you're a long-term thinker it can get to you right like no one wants to see their portfolio drop 50 like imagine if your portfolio was like a million dollars and it drops 50 like and you know you've made a lot of money a million dollars is life changing money for like more than life-changing money for a lot of people and you see that drop 50 in a couple of days of course you're going to feel sick right of course you're going to feel really really really bad and of course

you're going to forget all the positive things happening but at the end of the day you need to just take a step back you need to close the charts unless you're a trader there's literally no point looking at the charts unless you had planned to sell had cell targets in mind no point you didn't have to look at the charts to have sell targets in mind if you want to sell and take profits put some limit orders up on a on a centralized exchange because obviously you want to go to fiat right but you can do it on decks as well if you want to go to stable coins but if you want to go to fiat put some limit orders up say to yourself okay well i'm going to take profits when eth hits this price and this price and this price and you don't even have to look at the

charts you can literally come back one day and be like oh wow okay i said the price went to this and go to your um you know exchange account and you'll see like this money sitting in there for you and be like oh i'm glad that i set those limit orders now and took profits when i you know when i should have and that's the way to do it but i know that it's hard because not only do you have to ignore the charts if you want to avoid the price talk you have to ignore twitter you have to ignore the refuel right you have to ignore my newsletters you know so much of this ecosystem is focused on price and for good reason i think because price drives a lot of uh activity in this ecosystem and things like that but at the end of the day

you've got to resetting yourself sometimes so anyway i i'll leave it at that for now i think ciel had a related tweet here uh where he said yeah he basically put out this tweet where he said the first of many l2s alive next week arbitram on may 28th of their devnet uh coinbase wallet is integrating ethereum's layer 2 so many others eighth proof of stake in you know six months he's being a bit ambitious there i think maybe six to 12 months here when the merger happens all internet culture is being priced in by nfts on ethereum the masses are now warming up and talking about crypto because of doge and if you can't see where this is going well you know we can't help you and you can see this this is the uh adoption curve for technologies they start off

slow right and and and slower than than you would think and then they just go exponential humans have a very hard time grasping exponential growth and have a very very hard time coming to terms with it um but this is what's going to happen in terms of adoption this is exactly what i was just talking about the prices don't change this right the building still happens it still goes on uh but yeah i mean i just spoke about all that so i won't go into that again but just something relevant i think here from from cl which i thought was pretty cool so speaking of layer two matt feinstein put out a friendly reminder here to say that as ethereums would be wise to remember l2 means inheriting ethereum level security and that means paying ethereum for that security in eth loop ring just had its all-time high paying tolls to

ethereum 45 000 in gas fees in one day to submit their zk rollout blocks so this is exactly how a true layout two works and this is what i've spoken about before where the end users themselves aren't going to be paying these high fees it's going to be the layer twos and the layer twos are fine doing it because they generate income in their own way whether that's from fees on layer two or some other kind of way happening sort of happening there so this is really cool and obviously post one five five nine this uh these these fees are going to be burned as well so and this is going to keep happening and looping is only one roll up we're gonna have potentially hundreds of roll-ups right maybe even thousands of roll-ups i don't know um you know paying these security fees to ethereum

which i think is going to be really cool and i'm really really excited to see how that uh shakes out there but yeah i'm gonna leave that at that for now move on to this tweet from zach cole just wanted to give a quick shout out here that zach is looking for a solidity developer for uh for slingshot crypto of which he is a a cto and co-founder they're a decentralized exchange they're doing a lot of good work uh just a disclaimer i am a seed investor in slingshot but for good reason they have an amazing team uh really fun fun uh fun people over there so definitely if you're a solidity developer and you want to build dope stuff as zach says here definitely a dm zack i'll leave the the uh link to this tweet in the youtube description finally i have a transaction here of

someone who bought a lot of eth uh on using dex's yesterday and this was passed on to me uh by someone through dms and it's funny because when he passed it on to me i think the eighth value was over 60 million here that had been bought or maybe like 69 million or something and now it's down a lot since then maybe it's up more let's see is the eighth price oh wow these prices back over 2 500 and this is that 50 million now okay it doesn't look as bad but anyway they used dexers to buy to buy this ethio you can see that they used usdt and they basically i think they went to one inch you can see here one inch v3 and then you can see in the internal transactions and this was a new address it looks like yeah it was only created about three

days ago here so yeah cool to see there's some still there's some really really big buyers buying ethio could this be an institution i don't know we'll see but they bought at the wrong time i think they could have waited just 24 hours and they would have you know gotten a better price but maybe this doesn't that doesn't matter in the long run maybe when 8th goes to 10k plus they're like oh well you know we got a good entry anyway but anyway i spoken about price a lot today i know how you all feel right now i feel the same way but hopefully the worst is behind us you know 24 back to 2500 maybe we did finally bounce i mean that's a pretty epic bounce i mean if i open my charts again here uh i can see yeah wow we went from

1860 on uh coolbase coinbase pro to 2600 in the last hour so maybe the worst is behind us i hope so i hope you all are keeping your head on i hope you didn't get liquidated i hope you're doing okay i know it can be scary but at the end of the day are you in it for the technology are you in it for the money you can be in it for both but if you're in it for the tech as well then focus on the fundamentals re-center yourself watch the refuel read my newsletters because i always try to focus on the fundamentals of things happening here uh and just stay the course long term really really bullish short term is noise that's all i can say anyway i'm gonna leave it at that thank you all for listening and watching be sure to subscribe to the channel if you

haven't yet give that video a thumbs up subscribe to the newsletter join the discord channel actually join the discord channel because it's absolutely popping lately seriously if you haven't done so yet you're missing out on so much alpha and good conversations going on in there just join it you can join the prices channel as well in there and cope with us when the dumps are happening it's quite fun i actually enjoy it it's entertaining but anyway uh that's it for today thank you everyone i'll see you tomorrow