Bullish:

• 🟢 $DEFI - There's optimism towards on-chain finance, partly driven by pessimism towards traditional financial infrastructure and fiat currencies. Innovations like crypto-backed cards with improved security features are seen as potential growth areas.
  • “I am optimistic on OnChain Finance part of it stems from the being so pessimistic towards, like, the traditional financial infrastructure as well as, like, current fiat currencies” - Noah (59:03)
  • “You have a lot of crypto backed cards that have, like, pretty interesting self custody policies with policy controls as to, like, reduce the potential for someone kind of robbing you of all of your capital in your self custodial wallet.” - Noah (59:34)

Bearish:

• 🔻 $CRYPTO - 🔒

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• 🔻 $UNI - 🔒

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