we just got the third rate cut of 2025, bringing the target range to its lowest level in nearly three years
the FED also announced a major new liquidity injection — roughly $40 billion per month in Treasury bill purchases
and this is happening right after BTC bounced from a 35% correction, its most significant pullback so far this cycle
at the same time, ultra-conservative, deca-trillion-dollar asset managers like Vanguard and Charles Schwab are pushing crypto products to their tens of millions of users for the first time
this isn’t the time to be bearish
this is the time to be buying dips agg

$BONK relative strength of recent is starting to become notable
plus BonkFun activity is also starting to ramp up again thanks to BONK's USD1 campaign with $WLFI, which means more fees for BONK buy and burn
tbh it's hard to point to a single memecoin with better fundamentals than bonk
this is going to send again IMO!

i took a break from X for a few days
and apparently the following has happened in that timeframe
1. CT started a rumor that i'm the same person as another anon trader (untrue!)
2. CT started a rumor that i'm ZachXBT (while i have deep respect for Zach and think he is one of the most underappreciated figures in this space, this is also untrue)
3. CT started a rumor that i launched a new memecoin: i have never and will never launch a memecoin. they're all $USELESS at the end of the day, so why bother?
4. an army of people have blamed me for all the worst things happening in the trenches (even th

two things i strongly believe right now:
1. the whole '4-year cycle' idea is dead
i think the odds are good that we make a new ATH on $BTC this year
but i'm extremely confident we’ll see several new ATHs on BTC and on high-conviction altcoins next year
2. memecoins are not dead
as usual, they’ll continue to have the most parabolic rallies of any altcoin
of course, thanks to the Trump admin and increasing regulatory clarity for crypto, utility tokens now stand a better chance than they’ve ever had, simply because the playing field is finally fairer for them
however, memecoins are not going anyw

$BTC is currently recovering from its worst pullback this cycle, a 36% correction that started after it made ATH on October 6
meanwhile we have a confluence of lots of good news all at once
- the US Federal Reserve (FED) ended QT on December 1, the first time they will be doing this since ending a QT cycle in September 2019
- the FED injected $13.5 billion in liquidity into the banking system which is one of their largest liquidity injections since COVID
- further FED rate cuts are expected in a week's time
- ultra conservative $11.5 trillion asset manager Vanguard just integrated crypto, open

Bank of America, the second-largest U.S. bank with ~US$ 2.67 trillion in assets, just put out new guidance suggesting that clients should put up to 4% of their portfolio in crypto
prior to this, it did not recommend a fixed percentage allocation, and advisors could only discuss crypto if a client brought it up
this is happening just as $11.6 trillion, ultra-conservative asset manager Vanguard begins to allow its 50 million clients to invest in crypto for the very first time
meanwhile, the Fed just ended QT and is increasingly leaning towards easing monetary policy and becoming less restrictive

some bullish hopium for crypto
- QT officially ended yesterday, removing a major source of liquidity drain from global financial markets
- the $11 trillion TradFi behemoth Vanguard will allow clients to buy Bitcoin starting today
- another Fed rate cut is highly likely in December
- Michael Saylor’s recent announcement of a $1.44 billion reserve to support dividend payments and service debt obligations removes fears of forced selling from the largest corporate Bitcoin holder for the foreseeable future
- meanwhile, Bitcoin is down 31% from an ATH it made just two months ago
R/R favors being bul

wouldn't it be funny if $BTC, $ETH, some majors, and even memecoins like $USELESS went parabolic and speed-ran to new ATHs before year-end?
all while 99% of the timeline keeps hoping for lower prices and calling for a bear market or the end of the '4-year cycle'
the aftermath of 10/10 has shown us how quickly and aggressively crypto assets can crash
but many seem to forget there's also an alternate reality where they can pump just as aggressively.
just thinking out loud 🤔

for the avoidance of doubt:
1. i do not think the cycle is over
2. i continue to remain optimistic about a Q4 run (as bad and brutal as things have been so far, Q4 is not over yet!)
3. i continue to strongly believe that $USELESS is headed to multi-billions
GOD WILLING

it's funny how every time $USELESS dips or pumps there is always an army of people talking about it
mocking, dunking, calling it bland, expressing surprise, etc
whatever they do, they keep talking about it... and that's why it will continue to do incredibly well!
those who understand the memecoin game know that memes thrive on attention
the fact that y'all can't stop talking about USELESS no matter what it does is why it will continue to do incredibly well
billions and billions in due time
until then, dips are for buying
GOD WILLING

as unpleasant as it might be to hear right now:
$USELESS dips are for buying!