Presented by

OVERVIEW

Traders Eyeing These Moves Like A Yard Sale Rolex ⌚️

Here’s What’s Happening 👇️

SPONSORED BY GAMESTOCK
Crypto Poker. Pick Winning Coins. Win Cash Pots.

Like 5 card monte, but you play with Crypto Tickers, not cards.

Buy into a pot. Pick 2–4 coins. After 1 week, players with best performing coins win the pot.

Most tournaments have a $5–$10 buy-in. Pots get up to $10,000.

The worlds #1 competitive crypto-market game - on your phone.

Curious? Use code CRYPTO for $20 in free buy-ins.

Your first few games are on us.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.

TECHNICAL ANALYSIS
So Many Things In The Cloud ☁️

For those of you who don’t know, the Cloud is probably the most distinctive part of the Ichimoku Kinko Hyo system. The Cloud is that big (sometimes small) blob of red or green shaded mess on the chart. 📈 

Consequently, the Cloud is also one of (if not the most) the most important components in Ichimoku. All you need to know about the Cloud is it’s bad. It’s evil. It’s like sugar free Haribo gummy bears. Oh, they taste delish, but those cute little bastards are big big liars and they make the cyclosporiasis parasite feel like a belly rub.

My point is: the Cloud is bad. Everything that is bad in the word exists inside the Cloud. Here is some evidence I made up. Just look at the villainy inside of it:

The Cloud represents pain, misery, indecision, and just bad yucky feelings. It’s represented by fake breakouts/breakdowns, stagnant boring ranges, and just all around suck.

When you see something inside the Cloud, you just give it a passing nod and click on something else on your watchlist. Don’t engage with it. Don’t be polite. Don’t shake it’s hand or offer to carry its groceries. That’s how it gets you.

But you do want to glance at it close enough and long enough to know if something is getting ready to move out of the Cloud - because that’s important. That’s very important. Because some of the biggest and sustained moves occur after leaving the Cloud.

$BTC ( ▲ 0.78% )  

This is Bitcoin’s 18th day inside the Cloud on the daily chart. And it’s pretty much dead center of the top of the Cloud (Senkou Span B) and the bottom of the Cloud (Senkou Span A). This is one you just walk away from.

$LINK ( ▼ 0.28% ) 

Chainlink, on the other hand, while it’s inside the Cloud, is showing some signs that it might try to get away from the misery it’s currently in. A daily close above the top of the Cloud (Senkou Span B, $8.52) would confirm and Ideal Bullish Ichimoku Breakout, but if that doesn’t happen over the next few days and if the breakout doesn’t sustain, the Chikou Span might face resistance against the Cloud, too. Something to watch.

$SOL ( ▲ 0.08% )

Unless something dramatic shifts/changes here, Solana’s daily chart will close inside the Cloud after trading below the Cloud over the past week. And the Cloud itself is relatively thin - thin Clouds represent weakness, it’s much easier for price to move though and close above/below them.

One positive Solana has going for it is, despite the recent confirmation of an Ideal Bearish Ichimoku Breakout on July 29, the follow through has been muted. Bears have been unable or unwilling to really capitalize on that technical weakness - which could be a big trap. Will be fun to watch. 👀 

STOCKTWITS
Stuff Stocktwits People Said 👇️

NEWS
Ratings Agency Makes A Stablecoin Naughty & Nice List 📜

S&P Global Ratings updated its Stablecoin Stability Assessments this week. Six of the 11 stablecoins covered scored adequate or better on ability to hold their peg. Two got downgraded over the past three quarters. 😱

• The nice list, all rated 2 (strong): USDC, Euro Coin, Global Dollar, and Paxos USD.

• Adequate at 3: Gemini USD, which slipped a notch from strong, and EUR Convertible.

• Constrained at 4: First Digital USD and Sky Dollar/DAI.

• The naughty list, Weak at 5: TrueUSD, Ethena's USDe, and - the headline downgrade - Tether, which dropped from 4 to 5 in November.

USDT is the largest stablecoin on earth and S&P has it in the same bucket as TrueUSD - a token whose reserves allegedly went into a Dubai trade finance operation, got frozen by a Dubai court, are the subject of a Hong Kong fraud suit, and whose peg has been propped up by a personal loan from Justin Sun. 🤦

NEWS
Your Tokenized Stonks Get To Vote ☑️

Broadridge and Payward Services (Kraken’s parent) are wiring proxy voting into xStocks. Eligible holders will authenticate to ProxyVote.com with a Web3 login, read the proxy materials for the underlying shares, and submit voting preferences. Basically the same infrastructure that handles proxy for the traditional side of the market, pointed at tokens. 👍️

I think a lot of us thought this was something that would get kicked down the road for a while before there was a fix - nice to see something happening fast and working. At least I think it works. That’s what the press release says at least. Anyway.

Up to now, with tokenized stocks, you got price exposure and nothing else. It tracked the stock, you could trade it at 3am, and when the company held its annual meeting you sat there like a guy holding a screenshot of a share certificate. Economic interest without any of the rights that make it ownership.

How many holders bother voting is a different question. Retail turnout in traditional proxy is dismal and there's no reason to think degens will be better. But hey, at least you now have the option of not voting like normal. 👏 

STOCKTWITS
Stuff Stocktwits People Said 👇️

STOCKTWITS
Using The Stocktwits MCP 👀 

The Stocktwits MCP brings live market sentiment, message volume, trending symbols, and investor conversation directly into ChatGPT, Claude, Codex, Cursor, and other compatible AI agents. 🤖 

If you’re not using our MCP, you’re missing out on something insanely useful and powerful. Want to know what Stocktwits people are talking about the most? Want to compare $NVDA ( ▲ 3.44% ) and $AMD ( ▼ 7.04% ) to find out which is more bullish or bearish?

Some prompt ideas:

• What’s the Stocktwits crowd loudest about right now?

• Compare BTC, ETH, and SOL. Where is crypto sentiment heating up fastest?

• Sweep my watchlist for unusual sentiment or message-volume moves.

• How has TSLA sentiment changed over the past month?

I asked mine to show me the 24-hour battle between bulls and bears on $BTC ( ▲ 0.78% ) , but to show it to me as a battle between stick figure armies and make a gif out of it:

That’s just a funny and fun application. I also like to use it for finding setups that haven’t happened yet, using data you can only get from Stocktwits.

Example I used in Claude: give me the top 5 stock tickers that have a rising sentiment score over the past 10 sessions but have a relatively flat volume score

And here’s what it gave me:

No dashboard safari. No 17 open tabs. Just ask your agent what traders are watching, saying, and feeling.

Connect the Stocktwits MCP and put live market intelligence inside your AI. 👇️ 

OLD NEWS
Crypto Stuff That Happened Today, But A Long Time Ago 📜

Here’s what was happening in the newsletter a year ago today:

• Midnight’s Glacier Drop went live - 24B NIGHT tokens were up for grabs, with a 60-day claim window and eligibility across ADA, BTC, ETH, SOL, XRP, BNB, AVAX, and BAT.

• The on-chain section was HODL Waves - BTC looked bearish short-term but easing, ETH was neutral-to-slightly bullish, JASMY and OP showed accumulation, and LTC looked shockingly bullish as holders stopped moving coins.

• The overall read leaned cautiously bullish - except BTC, where nearly $10B in old Satoshi-era wallets cashing out made the picture weirder than usual.

Here’s what was happening in the newsletter two years ago today:

• The market got smoked, then clawed back a chunk of the damage.

• Liquidations were ugly - about $1.2B in leveraged crypto positions got wiped over 24 hours, mostly from the long side.

• BlackRock and Fidelity held firm - on-chain reads suggested they had not sold Bitcoin during the panic, and may have even added.

OLD NEWS
Other Stuff That Happened Today, But A Long Ass Time Ago ⌛️

August 5

• 642 - King Oswald of Northumbria was killed, dismembered and displayed after the Battle of Maserfield.

• 910 - English forces crushed the last major Viking army to raid from the Severn River.

• 1305 - Scottish resistance leader William Wallace was captured near Glasgow and later executed.

• 1583 - Humphrey Gilbert claimed Newfoundland for England, establishing its first overseas colony.

• 1772 - Russia, Prussia and Austria began carving up Poland in the First Partition.

• 1861 - Abraham Lincoln signed America’s first federal income tax - 3% on incomes above $800.

• 1914 - Germany attacked Liège, opening World War I’s first major battle.

• 1914 - Cleveland installed the first electric traffic signal, complete with red and green lights.

• 1926 - Harry Houdini spent 91 minutes underwater inside a sealed coffin and emerged alive.

• 1962 - Marilyn Monroe was found dead in her Los Angeles home at age 36.

• 1981 - Ronald Reagan fired 11,359 striking air-traffic controllers.

• 2010 - A Chilean mine collapsed, trapping 33 men 2,257 feet underground. All survived 69 days before rescue.

Get In Touch 📬

Email me, Jonathan Morgan, feedback; I’d love to hear from you. 📧
Follow me on Stocktwits 🫂 And Sponsor this newsletter 😎 

Terms & Conditions 📝

Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital, and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The Content is to be used for informational and entertainment purposes only and the Service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on Content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks, and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which Content is published on the Service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍

Author Disclosure: The author of this newsletter holds positions in AVAX, ADA, PUDGY, WLD, NEAR, INJ, LTC, LINK, ZEC, XLM, and FET. 📋