IncomeSharks

Microcaps back on my radar after a year

Not saying a full on microcap season has started but I agree with SpectreAI here with about a 54/100 readiness score which they label as "Stirring". It seems there's some activity again with on chain ETH microcaps and I'm back to watching them again.

My short list that I'm watching:

$M87 - Long time favorite, has shown a lot of strength recently. Probably my most confident play because of how long/known about it.

$SERV - Also showing some momentum again and seems to do well when it gets going.

$FUSE - One that has been around for 6 years and team is still active. Just one to watch and see if volume returns.

Crypto loves to move in bursts then consolidate for a bit

After one of these wild weeks it's very common especially in crypto for things to chill for a while as the bears start using this as an excuse to call for momentum and bulls get overly excited expecting another vertical $10k Bitcoin candle (still possible but very low chance for now).

This is completely normal for a bullish move up and honestly a lot of people lose a lot of money in the consolidation range after from trying to long at the top or trying to short strength. There is a good chance of likely fakeouts in both directions.

The volatility has happened now we enter a consolidation phase and natural leverage tends to pile up here as people start getting impatient so they up the leverage but often get flushed before the real next move happens.

INJ Position

Still looks good, I'll probably move the stop loss to around entry naturally (I don't want it to wick down and go immediately back up). I'm fine possibly walking away up 5% i