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@stateofblocks

the research desk of @that1618guy
models, flows, setups
stateofblocks.com Joined February 2023
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stateofblocks Verified account @stateofblocks
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stateofblocks.com Membership | State of Blocks Join State of Blocks. The Reading Room is the free Discord. The Full Desk is $80 a month for every trade call and the BTC Game Theory model.
that1618guy Verified account @that1618guy 3d
when i posted this take about buying the $LIT dip folks on X was wilding out

shared this setup at @stateofblocks community ~2 weeks back, so far so good will continue to monitor. regardless of relative strength, if broader market continues to slide i think LIT mean reverts

however, will likely bounce the hardest when the mkt stabilizes which is why i say its worth observing =/ LIT wont dip
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stateofblocks Verified account @stateofblocks
$BTC participants still arent as aligned on the long term view, but conditions are conducive for cooperative behavior to emerge (buy low now, sell high later)

we are currently still in a Fragile Cooperation regime, which also explains the lackluster price action we have been seeing these past few weeks of chop

as long as CPS (Composite Patience Score; measures the eagerness of participants to cooperate) stays low, fragility remains. however, the longer that BTC stays in this regime without breaking, the higher likelihood that cooperative behavior will take hold

more on this via the BTC Game Theory model live on site
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stateofblocks Verified account @stateofblocks
The Grift Index dropped from Extraction -> Frothy

the grift metric currently reads +1.48 which is still at elevated reads but has pulled back decently from the Oct 2nd highs of +2.63

interestingly most celebrity coins on record launched right about here
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