Did Someone Say Green D*ldos?

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gm,

Happy friggen Friday. We hope today’s issue will get you situated for next week’s market chaos and throw you a laugh here and there.

First off, we wanted to address the rather alarming poll that we ran in last week’s issue. According to our very adventurous readers, receiving a “Pokey Wank” is a power move. So don’t be ashamed ladies and gents if that’s what you are into - others like to dabble too!

We have to share some of the responses because they are absolute gold 😂

Lastly, before we get into this issue it’s RAFFLE TIME!

We said we would be giving away money every week and we meant it. We have partnered up with Stake to give one of you guys $500 only requirements:

1. Sign up to Stake using this link - https://stake.com/?c=Cousin&offer=Cousin

2. Deposit $100 and wager $150

3. You're automatically entered and the winner will be announced on stream next week.

💰 BONUS RAFFLE:

Whoever shares this newsletter with the most amount of friends (and they sign up) will receive $100. Make sure they are into crypto and forex!

Don’t use fake emails we know it when we see it and you will be automatically disqualified - this isn’t our first rodeo. The winner will be announced on stream next week and we are tracking all shares.

What a banging few days we have had. So as anticipated the market was due for a rip up. Not only did BTC fly but so did ETH on the news that Black Rock will be filing for an ETH ETF.

Now the first thing that I want to go over is that this is not the time to have FOMO set in and looking to jump into positions. If you missed the move-up that is on you and I personally would sit on my hands until we get more of a clear indication of what the market wants to do. Funding is extremely positive and open interest is through the roof. As I mentioned in last week’s issue and on Twitter I'm still expecting the market to move up with a sharp pullback in between - this is going to be a clearer entry point.

I hope I'm wrong but the ETH ETF news has me less bullish than I previously was. This market moves in cycles. First BTC, then ETH, then ALTs, then every sh*tcoin that a dev can conjure up to make. The longer BTC steals the show and continues to leave everything in the dust the more bullish I would have been. However, with the ETH news, we are already watching money rotate in real time. With that being said, I do believe the market has matured quite a bit this time around. Institutional money has been with us for quite some time and that’s always a positive but not the insane bullish indicator it once was. Although everything is pumping on the news of ETFs we are still at best a few months away from any type of approval (and this is at best IMO), so I do think the market performs well leading up to that.

Remember, the majority of crypto Twitter and normies are still on the sidelines. They've missed this move and are desperately praying for a nuke to get back in. Although the price has gone through the roof the last few days, I'm not seeing the max euphoria we usually get around tops.

📍 My plan still remains the same:

Bullish until proven otherwise and profit-taking on leveraged positions on the way up. For now, I will continue to hold my spot bags and add on the dips we get.

To be completely honest, If you have less than $100,000 in the game I wouldn’t even waste my time looking at the large caps. While BTC is king if you don’t have enough starting capital you will not make life-changing gains holding it. Like every cycle, I go for the smaller cap projects and look to rotate profits into BTC for the long run. Some people might look at this and think it's stupid, but let me remind you, over a year ago I identified RVF below a 5 million dollar market cap which is now trading above a 60 million dollar market cap and I still expect higher. These are the gains we are searching for that can actually change your life. In last week's edition, I gave you guys OTSEA which has since gone from sub $3 million dollars to $15 million dollars, again I still believe it goes much higher. I have additionally added more micro caps to my holdings as they are the only thing I feel comfortable picking up after such a market rally with no pull backs.

📍 New Additions:

AIX is the first new addition to my bags. It has around a 12 million market cap (at the time of writing) and is an AI product. I do see AI having another big run as you can see some of the larger caps like FET outperforming most coins. The second bag I have picked up is VEIL sub 3 mill mc. I will be releasing case studies on both as well as OTSEA in the next week & anything else I buy, as well as YouTube video going further in-depth. Make sure to follow my Youtube here if you don’t already.

To wrap this all up fellas, I am still bullish for the next few months. Black Rock stating that the ETF should be approved by January of next year sets the tone till then. The longer we can hold off on the ETF approval the longer I will remain bullish. There will always be opportunities in this market. Do not chase green dildos and like that old fart Buffett always says buy when others are fearful (unless it's COVID and he sells all his airline stocks).

BTC higher time frame - trading above yearly range…

• Polkadot and Ripple tokens jump after announcement of official partnership (BiC)

• Coinbase user agreement dispute reaches Supreme Court (M)

• 10 Biggest hacks, scams, exploits of 2023 (MUO)

• OpenSea lays off 50% of staff due NFT market slump (F)

• FTX seeks $744M asset sale from Greyscale and BitWise ties (CT)

💸 DOLLAR INDEX

Last week I talked about that monthly FVG below us and that price may pull back into there before moving higher for our final target of 108.

In the Telegram on Sunday, I said that price looked like a possible “Power of 3” to me.

Consolidation (yellow), Manipulation (red) being the news that dropped on Friday which sent us into a point of Interest (monthly FVG), and the green box, distributing to the upside.

Market as of right now (Thursday):

As of right now, the Power of 3 seems to be playing out. However, the confirmation I need that this will actually happen is a close of the current daily candle above that daily FVG. If that is to happen, the dollar should seek higher prices.

💸 EUR/USD

Same as the Dollar Index, EUR/USD filled its Monthly FVG, and since then rejected off of it. If we get a candle closure below the current lows (red line), price should move lower.

💸 GBP/USD

The Pound has been the weaker of the two, between itself and the Euro. Price reached that monthly FVG and rejected hard. I don’t need to see any more confirmation, GBP/USD next target will be the sell-side liquidity marked below.

News for this upcoming week:

The only news event that matters to me will be CPI and PPI news.

Are you in the sh*tter? Need to get out of a slump whether it be health or business?

This list is comprised of principles and behaviors that I (Gannon) have found that worked for me. Along with this, I am well aware that this list isn’t for the faint of heart and if you are able to even complete 75% of these tasks and goals on a day-to-day basis you will likely and hopefully see a dramatic increase in your productivity, mindfulness, health, and most importantly overall happiness. Leveling up truly isn’t just “making more money” it’s largely about improving your own self-worth which in turn will carry over into all areas of your life - business, relationships, networks, and hobbies. Enjoy

Read: 15 Ways To Level Up Instantly

Sorry fellas going to have to crown myself as degen of the week. Opened up a 100x Long on ETH while sinking a few beverages. Ended up closing for a +3000% gain. sometimes you just let the liquor do its thing.

Important: If you feel like you should be crowned Degen of The Week for whatever shenanigans you get into next week make sure to shoot us an email (with evidence) so we can feature you!

• Are We In A Bull Run?
  Full Forex Breakdown + Leo Got A "Pokey Wank" + Much More

Disclaimer: Heinous Pumps Newsletter does NOT provide financial advice. All content is for informational purposes only. Heinous Pumps is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.