DeFi Alpha Call #21 Recap

Timestamps

00:31 Long-standing FUD for Credit Suisse and Deutsche Bank

04:50 Juno discussion (US only)

09:27 Canadian Banks

10:20 Housing situation in Canada and Brazil

11:56 Market Overview

13:23 Commodities

15:48 USD

16:35 S&P

17:12 Volatility Signals

18:38 Bitcoin

20:51 NFTs

29:47 Tutorial

Hello Defiers! This is the recap of our latest DeFi Alpha Call that took place on 10/3/2022 in Discord.

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Market Overview

• Ethereum hasn't really gone anywhere since last week.

• The low is holding.

• I’m still cautiously bullish. 

• We seem to have run out of sellers and whoever's left doesn't really have an incentive to dump at these prices.

I think a break to the upside is more likely this week. We didn't break the lows after the Fed hike, and the fourth quarter is traditionally the strongest for risk assets.

The market has been carried along by macro winds, without much actually happening in the crypto market itself. I think the odds favor bulls at this point, at least for the month of October. So let's see how it goes.

👀 Eyes on: US payrolls on Friday and inflation numbers next week.