Seven c Newsletter #4 🏴‍☠️

A crypto week that feels like a year, intense alpha, crypto news, and technical analysis provided to you!

Welcome aboard the Seven c Newsletter, yer one-stop shop fer all the latest news, alpha, and technical analysis ye need fer successful sailin' in the treacherous seas of crypto. Me name is Cap'n hoeem, and I'll be yer guide through these murky waters.

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Contents:

1: News roundup

2: Alpha aggregation

3: Technical roundup

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1: News roundup

Do Kwon arrested:

Watcher.Guru @WatcherGuru

Terra founder Do Kwon leaving Montenegrin court in handcuffs.

FOMC Meeting roundup:

tedtalksmacro @tedtalksmacro

Takeaways from this Fed meeting: --> inflation remains enemy #1 --> Fed committed to higher rates, more increases likely --> Fed baseline is for no rate cuts in 2023 --> Banking stress is the equivalent of a rate hike --> Powell is the GOAT of press conferences --> we need to… https://t.co/eJPyMFn4lY

Arbitrum airdrop:

Arbitrum (💙,🧡) @arbitrum

Gm. The day has come Arbinauts.💙🧡

Llama fall out:

Tendeeno @Tendeeno_

Going to try my best to give a TLDR on whats happening at DeFiLlama in an unbiased way remember, i'm just a small unpaid contributor, not on any official team, etc. I just like the llamas and want to see them succeed So here's my best attempt:

Zero Knowledge rollups all at once:

The DeFi Investor 🔎 @TheDeFinvestor

We've been waiting for zkEVMs for years. And now they are all coming at once. Yesterday: zkSync Era Mainnet launch On Monday: Polygon zkEVM Mainnet launch On Tuesday: Consensys's zkEVM public testnet launch Seems like crypto is getting fun again 🔥

Gensler attacking crypto, again:

Brian Armstrong @brian_armstrong

1/ Today Coinbase received a Wells notice from the SEC focused on staking and asset listings. A Wells notice typically precedes an enforcement action.

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2: Alpha aggregation

Ultimate airdrop guide:

Rekt Fencer @rektfencer

Airdrops like $ARB, $OP, and $APT have made many people millionaires. And you can join them. If you want to catch the biggest airdrops and make generational wealth, read on. I've compiled a list of all upcoming airdrops for you 👇🧵

Exciting projects categorised by narratives:

Shiro @CryptoShiro_

You don't want to miss these projects 🧵 I selected some of the best researches for you, you will find projects in the following Narratives: ▪️ Perp DEX ▪️ GambleFi ▪️ Arbitrum Ecosystem ▪️ Real Yield ▪️ Real-World Asset ▪️ Layer2 & zk And much more. + ALPHA 👇

zkSYNC roundup:

The DeFi Investor 🔎 @TheDeFinvestor

@zksync Era Mainnet Alpha just went live. With over $450M raised in funding, this has been one of the most anticipated launches. A thread on why this is a big deal, and the most promising projects built on zkSync 👇

Finding market tops:

ZERO IKA 🗡️ @IamZeroIka

Hype, round of positive news, parabolic candles..the recipe for a bull market’s top have these ingredients. And finding out when to sell your bags is the hardest part. Here is my guide on how to find a market top and what to do to not become a future bagholder. 1/24 👇🧵

What to do with your $ARB:

Tindorr 🚢 @0xTindorr

Most of us didn't get to sell $ARB at a higher price. Now you are wondering what to do with your $ARB tokens. Sell now? or HODL? Here's how I think of scenarios in upcoming days by using on-chain data and personal experience. It's time to unfold strategies 🧵

Best crypto education on YouTube:

ZeroToTom @zerototom

1/x🧵 There are over 15,000,000 active content creators on YouTube. Most of them are Cardano tier IQ.🤡 But a select few are big brain giga Chads.🧠💪 In no particular order, the Top 5 YouTube channels which help me navigate the Crypto market.👇

Macro roundup and positioning:

rektdiomedes @rektdiomedes

Thread: Are We About To Nuke Or Moon? Macro Thoughts + Current Positioning 🧵 So... has the great brr began anew? Or are we about to crash to kingdom come? Let's dive in! 1/x

How to find successful projects:

Crypto Nova @CryptoGirlNova

1) Want to know which crypto project will do well but can't keep up due to the lack of time? Here's how to analyze a crypto project in less than a minute 🧵 👇

Tracking wallets to find airdrops:

Minty @DeFiMinty

The best way to actually get an airdrop is to track the wallets that land the most airdrops. And there's a very simple solution to do this. A brief thread... 🧵

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3: Technical roundup

Weekly roundup presented to you by IA crypto | Ijaz Awan:

Find him on Twitter here: Ijaz Awan Twitter

Find him on YouTube here: Ijaz Awan YouTube

$BTC

An insanely volatile week for $BTC sees an attempt to breach 29k rejected post a 25bp rate hike by Jerome Powell at the latest FOMC Meeting.

Whilst the 25bp was expected and largely priced in, a meaningful percentage of market participants had priced in the chance of a rate pause - owing to the creaking banking system and liquidity.

Powell refused to pause and instead increased outlook for 2024 terminal fed funds rate whilst reiterating there is no plan to cut rates this year. Despite that, markets continue to stubbornly price in rate cuts as soon as this summer!

From a support perspective I've been vocal that I'm more than happy to see a retest of the 25k-26k range and this would present a nice level for DCAing.

We remain extended above our daily EMA ribbon with the top of it sitting in our dip range at 25.6k.

$BTC.D

Another important chart to monitor at this juncture is Bitcoin Dominance. As we have beeb monitoring, this recent move towards 28k for $BTC has been Bitcoin led with alts being left behind.

This is evident by the Bitcoin dominance chart showing steep climbs towards the 48% mark. We are seeing resistance at this key level which if follows through could lead to an alt rally vs BTC.

Alternatively, seeing a break to the upside through 48% could see further Bitcoin strength as BTC.D attempts to reach the next resistance at 52%

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Arrr mateys, that be all the news, alpha, and technical analysis ye need for today! Keep yer eyes on the horizon and yer wits about ye, for the markets be a treacherous sea. But with the Seven c Newsletter as yer trusty compass, ye'll be navigatin' those waters like a seasoned buccaneer. Until next time, fair winds and a following sea!