The Defiant

Hello Defiers!

On this call, we talked about the weekend drama as USDC depegged, the Euler exploit, our usual Markets and NFTs overview, and then went into detail about Octav, a DeFi portfolio tracker.
The recording with timestamps can be found below. Enjoy!

Weekend Commentary

00:00 Weekend drama

05:31 Euler Exploit

07:07 Bull trap or sustainable rally?

08:40 USDC trust broken

10:58 2M for 5 cents

Market Overview

ETH

13:05 Inverse head and shoulders pattern

13:23 Potentially $1,950- $2,000

13:43 Fed and banks overview

15:31 Fractional banking

16:46 Will the Fed pause hike rates?

BITCOIN

17:12 Rallying sharply

17:24 Retest of 25K level

17:28 Potentially 27K

Summary

Some consolidation with back and forth action
Charts look promising
Tax season coming up
May is time to sell and go away
Optimistic until April

NFTs

19:44 Gitcoin Presents – first drop from this new platform called Metalabel, and this is a digital release of the paper that was written in 2018 by Vitalik.

24:41 Checks – doing pretty well

24:59 Opepen edition – 16,000 minted. I think these are going to be PFPs of some sort.

Tutorial

Track Your DeFi Portfolio Using A Customizable Dashboard by Octav

26:20 Octav is a free, anonymous, and editable data analytics platform for deciphering your DeFi investment activity, including cost-basis, profit and loss (P&L), and (with a subscription paid in USDC or DAI) exportable reports. Learn more about it here