Hey folks, if you've been riding the wild waves of crypto trading, you know that timing is everything—especially when meme tokens and altcoins start looking like they're about to pop, only to fizzle out spectacularly. That's exactly what happened in late September 2025, when Ethereum (ETH) hit new all-time highs and the market got a bit too frothy. Enter Taiki Maeda, the sharp-eyed trader who's been making waves with his prescient calls. In a recent clip from CounterParty TV, Taiki spills the beans on why he started shorting alts right then, scaling out of positions before what he calls the "10/10 crash." Let's break it down like we're chatting over coffee (or a late-night trading session).
The Setup: ETH Highs and the Altcoin Hype Train
Picture this: ETH is smashing records, meme coins are mooning on the back of viral X threads, and everyone's FOMO-ing into the next big narrative. For many, it's party time in the blockchain world. But Taiki? He saw the writing on the wall. "Ever since ETH made new highs, I started slowly scaling out of markets," he says in the interview. It's a classic sign of a trader who's not just chasing pumps but reading the room—or in this case, the order books.
Why does this matter for us meme token hunters at Meme Insider? Because alts, including those quirky meme plays, often ride ETH's coattails. When the big dog peaks, the pups get left behind. Taiki's move wasn't panic-selling; it was strategic de-risking. He began layering in shorts in late September, positioning against the overextended rally. And boy, did it pay off when the market corrected hard around October 10th—hence the "10/10" nod, a cheeky reference to the date that turned green candles red.
Taiki's Playbook: Shorting with Conviction
If you're new to shorting, think of it as betting against the upward trend. In crypto, this could mean using derivatives on platforms like Binance or Bybit, where you profit as prices drop. Taiki didn't go all-in overnight; he scaled gradually, which is key for managing risk in volatile markets. This approach lets you test the waters without getting drowned if the trend reverses unexpectedly.
In the clip, hosted by the ever-entertaining Not Thread Guy on CounterParty TV, Taiki dives deeper into his rationale. It's not just about charts—it's psychology too. Overhyped narratives, like the meme token surges we love (and sometimes regret), often lead to exhaustion. When ETH decoupled from reality, alts were primed for a shakeout. For blockchain practitioners, this is a reminder: diversify, but always have an exit plan. Taiki's conviction here echoes what we've seen in past cycles—remember the 2022 bear market? Shorts like his turned skeptics into believers.
Lessons for Meme Token Traders in This "Worst Cycle Ever?"
Taiki doesn't pull punches, hinting this might be the "worst cycle ever" for blind bulls. Ouch. But here's the silver lining: in meme land, crashes breed opportunities. Post-10/10, we've seen undervalued gems bounce back harder, from dog-themed tokens to those tied to fresh DeFi narratives. At Meme Insider, we're all about spotting these—check our knowledge base for breakdowns on resilient meme protocols.
Key takeaways to level up your game:
- Watch the Leaders: If ETH tops out without alts following, it's time to trim positions. Tools like TradingView can help spot divergences.
- Scale, Don't Slam: Taiki's gradual shorts minimized downside. Apply this to longs too—dollar-cost averaging works both ways.
- Mind the Memes: Viral hype fuels pumps, but data (on-chain volume, holder distribution) predicts dumps. Our latest meme token reports dive into metrics that matter.
The X community is buzzing about this clip, with replies praising Taiki's timing and conviction. One trader called it a "smart move" amid ETH's "toppy" vibes—spot on. Whether you're a seasoned DeFi degens or just dipping toes into blockchain, Taiki's story is a masterclass in not getting rekt.
What do you think— was this the worst cycle peak, or just a healthy pullback? Drop your takes in the comments, and follow Meme Insider for more alpha on meme tokens and market moves. Stay sharp out there!