u/itsdayagain

GM Hegends!

The long downtrend line has clearly been broken. We also have the first clear higher low since more than a year back, possibly now going on to form a higher high (above the mid-June high).

Meaning our chart is seriously looking better than it has in a long long time.

It’s always difficult to switch your outlook to bullish when you’re so used to the chart just going down and down and down. And you shouldn’t turn bullish too easily. But at some point the trend will turn up again (because of all you diamond-handed motherfucking Hegends), and you don’t want to be too slow to miss that.

There still isn’t a definite sign that the trend has turned. But now is the time to start getting cautiously optimistic.

💛💛💛

Daily chart for HEGE USD market cap for 17 August 2026: Breaking the trendline.

GM Hegends!

I have nothing new to say about our chart since last Monday. As I said then, I do think the bottoming process has started.

In other news, I was thinking about the AI bubble the other day (yes, it’s a bubble!).

31 years ago almost to the day, in August 1995, Netscape made their IPO. That set off the dotcom boom, which after an insane run finally topped in March 2001. The whole thing took 1,675 days.

Okay so what about the current AI boom? What started it? The obvious answer is the release of ChatGPT. Which happened on 30 November 2022.

Now. Let’s assume the AI bubble will last about as long as the dotcom bubble. Because why not. Where does that take us? It takes us one year out from here, to Friday 2 July 2027.

Is that how it’s gonna play out? Probably not. But food for thought!

💛💛💛

https://preview.redd.it/xn6g076t7lih1.png?width=4932&format=png&auto=webp&s=1681e07fdb2afc055b4b47446b0b6fb676899333

GM Hegends!

After a fat buy came in on Friday, we’re up a little since last week.

Have we bottomed? Honestly I don’t know. But I do think the bottoming process has started. We’ve now spent the past 2 weeks trading above that long downtrend line that goes all the way back from the ATH in December 2024. So that’s a 20 month long trend that could be breaking now. That doesn’t mean the bottom is in. But it does mean something is changing.

Maybe all the sellers are finally out?

I don’t know.

But what I do know is that no matter what the market does, I’m stoked about the next few months!

💛💛💛

Daily chart for HEGE USD market cap for 3 August 2026: Breaking the trendline.

GM Hegends!

We’ve pretty much turned into a stablecoin over the past two weeks lol. I’m still looking for a break up above 850k.

Bitcoin will likely close July green, up from the lows at 58k at the start of the month. While BTC is definitely getting cheap by historical standards, my base case is still one more leg down before it truly bottoms. Partly because it has not yet dipped below its realized price, which right now sits at 53k. In past bear markets, bitcoin has always traded below the realized price before bottoming. So until proven otherwise, I’ll assume this time will be no different.

Hope you’re enjoying your summers fam.

💛💛💛

Daily chart for HEGE USD market cap for 27 July 2026: StableHEGE.

GM Hegends!

No change in the chart. We’re still looking for a break above that trendline and above that horizontal resistance around 850k.

As I wrote in the whale chat the other day, I haven’t been very active here lately. That’s because I’ve been working with Nino on something that we’re really excited about. Can’t tell you anything about it yet, sorry. But I just wanted to mention it to keep you guys a little bit in the loop. It’s the biggest thing I’ve worked on so far in HEGE and when it’s ready we’re gonna need all the help we can get from you fam.

Much love

💛💛💛

https://preview.redd.it/s0k5meelbdeh1.png?width=4932&format=png&auto=webp&s=b857b9dcb4aed3a285ce45b6f407895b89d7f14f

GM Hegends!

We’re dipping down below the trendline again. Like I said last Monday I want to see a big break up through it before I call it broken. That has not happened. Yet.

Honestly I don’t have much more to say. Bitcoin is in a bear market. Solana is in a bear market. 99% of altcoins are in a bear market. That’s the reality. Eventually it’s going to turn around, it always does. I wish I knew when, but I don’t. Nobody does. If history repeats, it’s going to be towards the end of the year, so that’s my best guess right now.

Meanwhile, we keep trucking and grass-touching.

💛💛💛

https://preview.redd.it/yxhfsec5y0dh1.png?width=4932&format=png&auto=webp&s=3d8aad9492af41f9ab3a78fef496ff4c1ed661d8

This is the HEGE Manifesto.

It goes out to to anyone and everyone who is tired of being told what to do and what not to do.
To those of you who are tired of hiding your dreams in fear of mockery and shame.
Tired of trying to fit into a world that doesn’t want you to thrive.

Hear this: the problem is not you.
It never was.
There is nothing wrong with you.
The problem is a culture that punishes those who stand out.
Those who dare to speak up, to follow their dreams, to imagine the “impossible”.
A culture of judgment and ignorance, of fear and hate.

This culture is slowly killing you.
Because you were not born to fit in.
You were born to STAND OUT.
Deep down, you know this already.

So hear this call.
From the burrows of the Internet,
It goes out to all you true dreamers out there.

We are HEGE.
Together we are powerful.
Together we are resilient.
The more they try to control us, the harder we’ll fight back.

Stand proud Hegend.
Refuse to be defined by their little minds.
Stand with courage, as a beacon of hope to all others like you.

Stand for freedom, for trust, for ordinary people.
Allow yourself to dream the impossible,
And we will be rooting for you, standing by your side.

Spikes out.