Kyledoops

👀 COULD ALTCOINS FACE THEIR WORST STRETCH OF THE CYCLE? @kyledoops warns that an ETH/BTC breakdown could signal deeper weakness across altcoins. A reclaim of resistance would point the other way, showing traders are willing to take more risk. “Altcoins could be in their worst position that they've been in ever.” “Other than 2016, when ETH basically came out.” “If the market begins to bounce and you see ETH/BTC take out this high, hold over here, that's a risk-on signal for the broader market.” Full Show: youtube.com/live/v58k4lvG3do

‼️ONE COMPROMISED LAPTOP BEHIND $6.3B BINANCE HACK. @kyledoops questions how a compromised DevOps engineer’s laptop could explain losses of that scale. “How do you basically hack that much money from one compromised dev laptop?” “This sounds a bit weird, but we'll see as the story does unfold.” “Binance does say that they'll cover all losses through SAFU and company funds.” Full Show: youtube.com/live/v58k4lvG3do

Update: Stolen funds from the $6.3B Binance exploit and $388M Bitget exploit were commingled at the same address 45 minutes ago, after arriving via THORChain. This indicates the same actor is likely behind both incidents. The Bitget exploit was attributed to DPRK-linked TraiderTraitor, which had overlap with other previous exploits such as Kelp DAO. Commingling address: 0x15104a9ce0f08a8f0075a0869ae80e795fe0feb7 Bitget exploit context: nitter.cf/zachxbt/status/2104528…

The Binance hacker might have just pulled off one of the smartest moves I’ve seen in crypto. First, Tether froze $1.5 billion in USDT. Then Circle froze another $800 million in USDC. At that point, it looked like the hacker’s money was trapped. But apparently, he had already planned for that. Instead of holding the stolen USDT in a wallet, he allegedly deposited it into Aave and used it as collateral to borrow ETH. Then he walked away. That’s where the story gets crazy. Tether can freeze the USDT sitting in the wallet. But it can’t freeze the ETH he already borrowed. So now Aave is left holding frozen collateral, while the hacker is sitting on liquid ETH. And unless the protocol can recover it somehow, he may not even need to pay the loan back. Two companies froze billions of dollars in seconds. But someone who understood how to use DeFi may have found a way around both of them. Pretty insane when you think about it.

your perfect bitcoin:native entry still has to actually arrive 👀 @kyledoops says the lower support zone could offer an entry, but reaching it isn’t guaranteed. Both the speed of the decline and a possible range reclaim matter. “Of course it depends on the speed at which you come into this area, and if you even come into this area.” “Right now, the edge is definitely with the bears, in my opinion.” “All of this is a massive cluster of major, major support.” Buying if it gets there or waiting for confirmation? Full Show: youtube.com/live/AG2mCEOk09A

“bitcoin will never break its all time high again” is now on the record 😭 @kyledoops highlights Jason’s bearish call in red, questioning how anyone can rule out another Bitcoin high when market conditions keep changing. “I think that's an insane call to make.” “You have to consistently reassess what's happening within the market.” “A lot can happen.” Is Jason right, or will this age terribly? 👇

📉 BTC AT $73K IS KYLE’S POTENTIAL BUY. @kyledoops says a sustained break below $80K could trigger a cascade into a zone that matches his levels of interest. “I do believe that becomes a strong buy.”

Kyle Doops says $BTC holding $80,000 while many stocks hit 52-week lows is actually bullish. The trend is still up and price is at key supports, exactly where he wants bulls to step in. ft @kyledoops @crypto_banter