ansem

Trader Ansem posted on platform X, stating that the on-chain market has bottomed out.Ansem mentioned that market sentiment is low, but he is optimistic about the community spread potential of a Solana-based meme coin, believing that avatar culture will aid in community expansion, and social trading applications may also promote increased attention. He referred to this token as his pure meme coin choice for this cycle.

According to trader Ansem's post, he has taken profits on some short positions.Ansem stated that mainstream coins have not yet shown characteristics of a technical bottom for him, but the cryptocurrency market seems to have reached an emotional bottom, and he has never seen such intense feelings of despair.

According to a chart shared by trader Ansem, the ascending wedge that appears after a significant decline may be accompanied by decreasing volume, indicating that the upward momentum is weakening.The chart points out that this trend may entice traders to re-leverage as prices form higher highs and higher lows; if prices drop rapidly, stop-loss orders near the lows along the way may trigger selling. The top of the wedge may also coincide with a higher resistance level from before the previous decline.

Renowned trader Ansem posted that he remains optimistic about the long-term development prospects of Hyperliquid, but believes that the next phase of growth is crucial.Currently, most of the platform's growth momentum comes from TradeXYZ, while cryptocurrency trading activity has slowed down, and the existing trader community has not significantly expanded. He hopes that Hyperliquid can reach a broader user base, similar to how Robinhood attracted millions of new users during the retail trading growth period. Collaborating with regulated front-ends like Kraken may help achieve this goal.Ansem believes that Hyperliquid's greater opportunity lies in becoming the underlying liquidity infrastructure for various financial platforms. Compared to its current revenue performance, he is more focused on how much its ecosystem can expand in the coming years.

According to Onchain Lens monitoring, on June 25, 2024, the wallet belonging to Ansem (3bzbmH78...E1uUs) withdrew 504.5 SOL from the exchange in two transactions, worth approximately $69,000. On the same day, the wallet transferred 377.43 SOL, worth about $52,300, to Ansem's main wallet (AVAZvHLR...5QNXYm).The same exchange hot wallet had previously sent 99.06 SOL, worth approximately $16,400, to the sub-wallet on May 31, shortly after the issuance of JENNER and MOTHER. The tip was provided by Sahil (@villainmonkey).

According to trader Ansem, Zcash has recently been one of the stronger assets in the cryptocurrency market. If the market experiences a deeper correction, he will pay attention to whether ZEC can maintain its resilience.He believes that as the cryptocurrency industry faces more political and regulatory scrutiny, the narrative around privacy may become increasingly important. Privacy features, concerns about quantum computing, and market interest in transparent blockchain alternatives have drawn his attention to ZEC.

Cryptocurrency trader Ansem posted that the previous bearish outlook on U.S. stocks was mainly due to the expectation of a pullback in tech stocks, and this trend has begun to manifest. In the recent market adjustment, panic sentiment often quickly reflects in prices, and concentrated selling by investors may lead to prices reaching important support levels faster than expected.Against the backdrop of ongoing uncertainty in AI prospects, geopolitical issues, and the overall market, the market may have priced in more pessimistic expectations than the actual situation. He is currently focusing on price performance near key support levels, believing that as selling pressure eases, market sentiment may quickly shift.

Cryptocurrency trader Ansem shared in a post that the cryptocurrency market may have peaked earlier than the U.S. stock market in this cycle. If the recent rebound is merely a counter-trend bounce, and the U.S. stock market has just begun a larger-scale adjustment, then the cryptocurrency market may still face a new round of declines.Ansem pointed out that the risk appetite in this cycle has been largely driven by AI and the U.S. stock market trends, so it is worth considering the possibility that the cryptocurrency market does not peak in sync with the traditional stock market. However, he is not certain that the market will necessarily develop along this scenario and will remain open to judgment, paying attention to the price reactions of the two asset classes as they approach key price levels.He also stated that even if the cryptocurrency market and the U.S. stock market continue to decline in the short term, Bitcoin may bottom out before the overall stock market.

Cryptocurrency trader Ansem shared his risk management experience for short-term trading, stating that traders should not only focus on price and stop-loss levels; time is also an important factor in determining whether a trade is effective.Ansem mentioned that when he enters a trade, he expects the market to show significant volatility quickly. If Bitcoin stays near the entry price for a long time without moving in the expected direction, he will begin to reassess the trading logic. Sometimes, even if the stop-loss level has not been triggered, he will exit early due to the market not unfolding as anticipated.He believes that one of the advantages of short-cycle trading is the ability to identify earlier whether a trading strategy is effective. To determine whether a trade is worth holding onto, one must not only look at price trends but also consider the time it takes for the market to meet expectations.

Cryptocurrency trader Ansem posted that the statement "6 billion dollars stolen, and Bitcoin only dropped 2%" should not be directly viewed as a bullish signal. He believes that the current trading structure of Bitcoin is significantly different from years ago, and the market's lack of immediate downward reaction to events does not mean that the downward trend will not continue.He pointed out that in 2017, Bitcoin was still the main target for leveraged speculation among retail investors, but from 2020 to 2021, retail investors took on higher risks primarily through trading altcoins, and new traders on Uniswap had limited interest in Bitcoin. After 2023, due to the poor performance of altcoins on centralized exchanges, speculative activities further shifted on-chain, making Meme coins more popular; now perpetual contracts in stocks have further diverted traders who might have leveraged long positions on BTC. Ansem believes this change has affected BTC's price performance.In 2017, Bitcoin often rose rapidly after breaking historical highs; however, in 2021 and during certain phases from 2023 to 2025, there were more instances of slight new highs followed by failed breakouts and narrow fluctuations lasting for months. He cited the "10·10" liquidation event as an example, stating that BTC's decline was limited compared to altcoins at that time, and it continued to trade above $100,000 for several weeks, while altcoins suffered severe losses within a single candlestick. In his view, this is related to high-risk speculators no longer concentrating on leveraged long positions in BTC.Ansem emphasized that the current sellers may be more passive, and there are likely fewer speculators facing leveraged liquidations in the BTC market than in the past, so one cannot conclude that the downward trend has ended solely based on short-term price resilience.

Renowned trader Ansem stated in the podcast "Market Bubble" that he has recently shifted from a bullish to a bearish stance, reducing his positions and taking profits over the past few days, while also shorting a portion.Regarding stocks, Ansem believes that mainstream targets have seen significant increases, accumulating a large amount of unrealized profits, and have hardly experienced any proper corrections. Now, significant de-risking and profit-taking are starting to occur. He thinks that the U.S. stock market may be at the tail end of the macro cycle, with funds withdrawing.For the cryptocurrency market, Ansem believes that crypto performed strongly in Q3, but it may just be a counter-trend rebound rather than the beginning of a new bull market. Crypto had previously outpaced the weakness in stocks, rebounding after being oversold; if stocks continue to weaken, they may drag crypto down with them, and Bitcoin could fall back to around $70,000. He also expressed continued optimism about tokenized stocks, viewing them as a key pathway to bring more traditional capital onto the blockchain, as well as a catalyst for the next wave of real users and capital inflow, and reiterated his positive outlook on ZEC, emphasizing its privacy Bitcoin attributes.

Cryptocurrency trader Ansem posted that he is currently bearish on Bitcoin, Ethereum, and large-cap stocks, but he does not believe that ordinary retail speculation will significantly cool down as a result. He expects significant two-way volatility in the market in the fourth quarter, and some on-chain assets are still expected to perform well.Ansem pointed out that this week's Federal Reserve interest rate decision and important earnings reports from several companies will bring significant event risks. AI popular stocks have formed lower highs after peaking and have lost their original trend. However, the current judgment is not bearish on the longer-term market trend; the market may still experience a round of correction before continuing to rise.

Cryptocurrency trader Ansem shared his recent investment views, stating that the crypto market is gradually shifting towards a phase that places greater emphasis on the fundamentals of individual projects, capital inflows, and actual business performance. Therefore, identifying mispriced assets and determining which teams are truly driving project development will become increasingly important, rather than relying entirely on the trends of mainstream assets like Bitcoin and Ethereum.Ansem believes that the investment approach for altcoins in this cycle is different from previous ones. Assets like HYPE and ZEC have shown independent trends from Bitcoin and Ethereum even during periods of overall market weakness.

Cryptocurrency KOL Ansem tweeted that Grass has built the infrastructure for large-scale collection and processing of web data, and is currently exploring providing these tools directly for AI agents and large language models.Ansem expects that as AI agent capabilities improve, real-time access to web data will become increasingly important, which may open up new markets for infrastructure providers like Grass.

Crypto trader Ansem posted about one of the biggest lessons learned from years of trading cryptocurrencies.He stated that catching the right rotation in trading is just the first step; what truly determines whether you can keep the profits is whether you can take profits in a timely manner and compound them. In 2017, he made a lot of money trading altcoins, but much of it was through rotation trading, giving back profits and returning to square one.From 2020 to 2021, he showed significant improvement, being able to identify narratives earlier, rotating between SOL, LUNA, and AVAX, and compounding profits from different trades. Recognizing opportunities early and knowing when to take profits are equally important skills.

Cryptocurrency trader Ansem posted that he believes correlating the current cycle with the markets of 2020, 2023, or 2024 has limited reference value. For him, the closest environment to the current one is the DeFi expansion from 2020 to 2021, when a brand new business sector brought billions of dollars into the blockchain.In this cycle, stablecoins, especially tokenized stocks, are opening new markets while attracting participation from retail investors, institutions, and developers. New fields will bring new capital flows, products, and a large amount of speculative activity, which is the framework he uses to analyze this cycle.

Cryptocurrency trader Ansem posted that frequently monitoring the market and judging price trends based on 15-minute candlesticks can easily lead to overtrading. Investors should manage their spot, perpetual contract, and high-risk on-chain trading accounts separately, and should not attempt to catch every local top and bottom, as this may harm long-term investment returns. Instead of frequent trading, it is better to study historical bull markets and observe how long upward trends typically last.The upward cycles of altcoins are usually faster, often outperforming the market for 4 to 6 months, after which new market leaders emerge, especially after a market capitalization growth of more than 10 times. However, there may be a few exceptions in this cycle: some altcoins may see significant revenue growth alongside price increases, thus their fundamentals may improve simultaneously.In past cycles, altcoins primarily peaked due to shifts in market attention and weakening momentum, but in this cycle, if some projects experience substantial changes in revenue and other data, institutional funds may continue to buy actively, and investors need to adjust their original judgments in a timely manner based on new information.In the last cycle, Bitcoin bottomed out in January 2023 and peaked in October 2025, with an upward trend lasting about 33 months. If this cycle bottomed out in July, it is currently only in the 4th month.It is believed that in a longer-term bull market, multiple "mini-bulls" led by specific altcoins will emerge, and investors need to identify these phase-strong assets and continuously reinvest profits into high-performing targets, allowing short-term winners to gradually transform into long-term investments.

Cryptocurrency trader Ansem posted on platform X, stating that the market has not yet fully priced in the potential of pump.fun to evolve into a similar L1 underlying infrastructure. In the future, other token issuance platforms may be built directly on top of pump.fun.Ansem pointed out that the market currently pays little attention to the creator fee sharing paid to token creators by pump.fun. This amount is close to a 1:1 ratio with the platform's revenue, meaning that for every approximately 500 million dollars in revenue generated by the platform, token creators can receive about 500 million dollars in creator fee sharing after the token completes the bonding curve phase. Therefore, the related teams have strong motivation to continue building products on pump.fun.He believes that this economic structure may be superior to traditional L1, as pump.fun can not only collect fees from various token issuance platforms but also earn fees from every token issued by these platforms. With the introduction of features like custom trading pairs and Callout Rewards, the market may gradually adopt a similar L1 logic for valuing PUMP.Ansem also stated that he is highly optimistic about the investment logic of pump.fun developing into a "super app" in this market cycle.

Cryptocurrency trader Ansem stated that he is quite optimistic about the real recovery of NFTs in this cycle, and art-related NFTs may see a price increase again.Ansem mentioned that what is more noteworthy is the innovation surrounding the forms of NFTs, including AI agents, ownership mechanisms, new issuance methods, and different models of NFTs combined with on-chain products. He believes that as the broader rotation of on-chain assets is still in its early stages, there may be more new applications and design explorations in the NFT field in the future.

Cryptocurrency trader Ansem stated that airdrops remain one of the strongest catalysts for driving users and trading activities back on-chain. In the last cycle, trading terminals saw a significant amount of trading volume, but many of those platforms have yet to offer rewards to users.Ansem believes that as competition among platforms for traders intensifies, rewarding early users will become an effective way to build user loyalty and retain liquidity. Past experiences show that timely airdrops can unleash a large amount of on-chain activity, and he expects this strategy to reappear in this cycle.