Pump Swap, Michael Saylor, Polymarket, Solana Seeker, NBA Topshot, Taproot Wizards, Canary Capital, Punk 2967, Airdrops

This newsletter is proudly sponsored by MSQ, your seamless, all-in-one platform that combines minting, staking, and questing.

👀WHAT’S THE META..👀

GM, GA, or GN wherever you may be.

Want to stay ahead of the curve? Don't worry we got you. The market has been brewing, here's what's currently happening:

🪙CRYPTO DIGEST🪙

BTC/USD

BTC started the week on a strong note, opening above last week’s high, signaling a potential shift in momentum. The key level to watch this week is $89,000—a breakout above this could fuel a push toward the Yellow band, which is steadily closing in on that threshold. With the FibMa currently in a downtrend, the Yellow band is expected to converge with $89,000 within the week, making this a critical juncture.

Last week, the price steadily reclaimed and held above the Blue band on the FibMa. Looking ahead, if the market shows signs of weakness, holding above this Blue band will be essential to avoid a sharper pullback. This band remains a vital short-term pivot, either reinforcing bullish momentum or signaling a potential reversal.

ETH/USD

ETH is working to reclaim its prior trading range, specifically targeting the $2,030–$2,150 zone, which currently serves as a deviation area. If the price can successfully hold above this level, it could shift momentum back to the upside.

The Yellow band on the FibMa has consistently acted as resistance and remains the key level to break for a trend reversal. To escape the ongoing downtrend, ETH’s price must not only breach but also sustain above this Yellow band to confirm the start of a new bullish phase.

Ethereum vs Bitcoin (ETH/BTC)

The ETH/BTC pair is once again testing the 0.02345 support level—a critical area it needs to hold. If this level breaks, the next likely move would be a retest of the cycle low at 0.0224. On the flip side, if 0.02345 holds firm, the upside target becomes a retest of 0.025.

In my view, this range remains a key accumulation zone.

Broader Altcoin Market

• Total3/BTC (Altcoin Market Excluding BTC & ETH): This marks the fifth consecutive week of testing the upper boundary of the descending channel. A breakout and sustained hold above this level would represent a major structural shift, potentially signaling the start of a broader altcoin season.

• Others/BTC (Altcoins Excluding Top 10): This pair is now in its eighth week of probing resistance, specifically the zone of its prior breakdown and the midpoint of the descending channel. The persistent pressure here points to building momentum in the mid-to-low-cap altcoin space, though a decisive reclaim is still required to confirm the shift.

• Altcoins remain constrained as QT continues to suppress risk appetite across the market

Key Economic Data This Week

This week brings crucial labor data that could impact market direction:

Wednesday:

• Durable Goods Orders ex Defense MoM:

  • Prior: +3.5%

  • Expected: -1.6%

Thursday:

• Initial Jobless Claims:

  • Prior: 223k

  • Expected: 225k

Friday:

• Core PCE (Feb) MoM:

  • Prior: +0.3%

  • Expected: +0.3%

🤑AIRDROPS🤑

Airdrop Updates - Week of 16 Mar

RateX - The Pendle of Solana

Airdrops and Yield Farming are the best ways to earn returns irrespective of market conditions.

If you remain vigilant when others have given up, that's when the best returns are made, amidst less competition, especially in Airdrop Farming.

In this post I discuss RateX, the first and only Leveraged Yield Trading Protocol on Solana: https://x.com/cruzcontrol660/status/1902006692658946537

New Vote for Jupiter DAO

New Vote now available for $JUP stakers to vote on the “Catdet Working Group” Budget.

Read the full proposal: https://www.jupresear.ch/t/catdets-working-group-proposal-live-work-and-play-in-the-jupiverse-final/36413 Cast your vote at: https://vote.jup.ag/

Voters will qualify for ASR rewards irregardless of what you vote for.

$LBTC launches on Sui

Lombard Finance has solidified itself as the EtherFi of liquid Bitcoin Restaking. They recently launched $LBTC on Sui. You can restake WBTC on Ethereum to get LBTC and take advantage of low gas fees to bridge it to SUI, and lend $LBTC for 6.5% APY, earn SuiLend points and 3x LUX Points.

Get $LBTC here: https://www.lombard.finance/app/?referrer=isyqr4

100+ Airdrop Opportunities in my Notion Airdrop Tracker: https://bit.ly/droptime

📜FOR THE CULTURE📜

Memecoin frenzy highlights ethical dilemmas in crypto culture

The case of Arnold Robert Haro has sparked a profound debate in the cryptocurrency community, highlighting the difficult intersections between personal tragedy and financial speculation. Haro, who expressed during his livestream his wish for a memecoin to be created in his honor, seemed to be seeking a way to preserve his memory in a digital space to which he felt connected. However, the swift emergence of multiple tokens bearing his name and the million-dollar valuation of one of them reflect an uncomfortable reality: for some, even a tragic event can become an opportunity for quick profit.

This situation has fueled a broader conversation about ethical values within crypto culture, an ecosystem often defined by its irreverent approach and creative flexibility. On one side are those who argue that responding to Haro’s final wish was an act of respect and community. According to them, the creation of these memecoins symbolizes a way to honor his legacy and give a platform to his story. On the other hand, there are those who believe that this collective response ultimately trivialized the gravity of the event and turned it into a financial spectacle, raising doubts about whether these initiatives were truly intended to honor Haro or simply to capitalize on his death.

Moreover, the proliferation of Haro-related tokens has opened the door to questionable practices in the memecoin market. Some developers and promoters took advantage of the media attention to launch coins without real backing, promoting quick sales before their values plummeted. This behavior has exposed unsuspecting investors, drawn in by the story, to potential financial losses. In this context, critics point out that the memecoin market—already known for its volatility and reliance on hype—can be particularly dangerous when sentimentality is mixed with the pursuit of quick profits.

Ultimately, the Haro case raises fundamental questions about the future of crypto culture. While this space has traditionally been a hub of innovation and experimentation, it also faces the need to establish certain ethical boundaries and promote more responsible behavior. At the same time, community participants must reflect on how to respond to such events in a way that balances respect for those involved with the inevitable financial interest. Only through greater self-criticism and open dialogue can these ethical dilemmas be navigated, ensuring that crypto culture evolves toward a more conscientious and equitable model.