RT Pink Brains (@PinkBrains_io)Gnosis aims to be a key consumer brand shifting from open infrastructure to fair, user-owned financial systems.To achieve this, @GnosisDAO is voting on a $30M/year grant to power the full Gnosis stack: Gnosis Chain, GnosisPay, Wallet, Circles & more.Here's what you need to know 🧵 ...

Market Trend - ETH is evolving into a corporate treasury asset, mirroring Michael Saylor's BTC treasury strategy [1] - Companies are shifting to ETH, viewing it as yield-bearing and productive assets, not just passive reserves [1] Company Strategy - Companies are now pivoting to ETH [1]

Market Sentiment - Bitcoin reached another All-Time High (ATH), but without widespread FOMO (Fear Of Missing Out) [1] - Ethereum (ETH) is still down 37% from its ATH set 3 years ago [1] - Solana (SOL) is down 42% from its ATH [1] - Mainstream media coverage of Bitcoin's pump is limited [3] - Coinbase app is not the top app on the App Store [3] - Few messages are being received from non-crypto friends [3] Macro Factors - Interest rates are yet to be lowered [1] - TradFi Crypto Treasury Ponzis are just starting to accumulate [1] Top Signal Indicator - Delphi BTC Top signal is currently at 62 [1] - Toppish conditions would start above 75 [2] - The Delphi BTC Top signal includes a weighted compilation of on-chain, technical, sentiment, and macro data [1]

Social Media Activity - The tweet references a change in profile picture [1]

Market Volatility & Funding Rates - Bitcoin is experiencing a surge [1] - ATM implied volatility is at 40% [1] - Binance funding rates are at resting levels [1] Sentiment - The market sentiment is optimistic, suggesting "we are just getting started" [1]

Market Sentiment - The shift from evaluating ETH based on on-chain metrics towards storytelling is considered a smart move by ETH bulls [1]

ETH Supply Dynamics - Over 30 days, 6,000 ETH (Ethereum) were burned versus 79,000 ETH issued [1] - The market anticipates that ETH will become unstoppable [2] On-Chain Metrics & Requirements for Price Increase - The market observes a strong bullish narrative for ETH [3] - For a significant upward price movement, strong on-chain metrics for Layer 1 (L1) are desired [3] - Transaction count needs to break a 3-year slowdown [3] - Active addresses need to start increasing [3] - Price increase, transactions, and active addresses have yet to make ETH deflationary [3] - Scaling the L1 is necessary [3] - New decentralized applications (dApps) on the mainnet are needed [3] - More activity on the L1 is required [3]

Market Trend Analysis - Bitcoin is currently in a strong uptrend, indicated by its position in the Bull Zone [1] - The market has not yet reached the Overheated Bull Zone, suggesting further potential for growth before a cycle top [1] Indicator Analysis - CryptoQuant's Bitcoin Bull-Bear Market Cycle Indicator is used to track bull and bear cycles [1] - The P&L Index is utilized within the indicator to gauge market momentum [1]

Market Sentiment - Bitcoin reached another All-Time High (ATH), but there is limited Fear Of Missing Out (FOMO) and few typical top signals [1] - Mainstream media coverage of Bitcoin's surge is limited [1][3] - Altcoins like Ethereum (ETH) and Solana (SOL) are still significantly below their ATHs, ETH is 37% down from its ATH set 3 years ago, and SOL is 42% down [1] - Interest rates have not yet been lowered [1] - The Delphi BTC Top signal, a weighted compilation of on-chain, technical, sentiment, and macro data, is at 62, with toppish conditions starting above 75 [1][2] - Limited messages received from non-crypto friends indicate less mainstream awareness [3] TradFi and Crypto Treasury - TradFi Crypto Treasury Ponzis are in the early stages of accumulation, with no clear signs of implosion yet [1]

Market Sentiment & Strategy - The market participant has already researched and allocated capital to tokens expected to perform well during a quiet market phase [1] - The market participant anticipates a period of relaxation before potential FOMO (Fear Of Missing Out) sets in due to a bullish market [1] - The market participant expects new 'metas' (trends) and TGEs (Token Generation Events) to present new opportunities [1] Future Outlook - The market participant intends to remain active in the market despite potential challenges [1] - The market participant plans to "lock in" gains after recovering from an illness, suggesting a strategic shift [1]