Welcome to the alpha please newsletter. I curate five alpha tweets every week; that’s it, that’s the newsletter.
gm friends, hell of a week.
Markets started off the week violently bloody, but have rebounded and BTC is above 60k at time of writing.
This summer has continued to see Bitcoin chop, and this last move has reset all leverage, and I think many alts may have finally put in their bottoms.
Historically speaking, Q4 is usually very strong for Bitcoin and crypto during a bull market, which will coincide with rates coming down and liquidity expansion.
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Your weekly reading:
(*All the screenshots will take you to Twitter if you click.)
1. Market crash thoughts
Clear analysis here from Alex.
2. Ethereum should drop the ultrasound money meme
Interesting analysis from Bread that looks at what is happening with L2s and ETH.
3. Reasons to feel bullish
Compelling list of factors to feel bullish on crypto going forward.
4. How Bitcoin has value without cash flows
Bitcoin offers a valuable service.
5. Retail has left crypto - What does it mean?
Very interesting analysis using monthly growth of content creators on CT.
Quest of the week (brought to you by Layer3)
You can earn Sophon rewards by completing this series of quests 👇
Airdrop opportunity
Movement
alpha_pls tweet of the week
Worth reading if you have been bag holding some alts for too long:
And that’s your alpha.
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Crypto currencies are very risky assets and you can lose all of your money. Do your own research.