Why We’ve Bottomed, Oil Hits $100 & The Stablecoin Trade
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And to me, what this says is that crypto has bottomed. We've sort of exhausted all of the sellers. We can't really make new lows anymore. We've tried to we've we've tried very hard to make new lows for one, two, three, four weeks. Four weeks we tried, and then last week we we went from 66 to 73, and this week I think is gonna be another good week. And so I think that we're gonna start to see a big recovery in all of these assets that did really poorly.
Let's start podcasting. I think we got a thousand people here.
Yeah. We're we're good. We're good to roll, guys. So all I'm gonna say about this market is that I am fucking bullish on Bitcoin. I'm feeling I'm feeling good. We're finally like, I've been I've been saying basically below 70 k is a good time to accumulate. I think that we've finally broken out. Hopefully, we can sustain this rally. I think we're we're a little bit down today. Basically, the way that I'm thinking about this market is that it's just one massive wall of worry. I mean, think about this. Yeah. Oil rockets to almost a $100. We're full on in a war right now. Everybody panics for a l
This is what I was saying last
week.
Is and this
is what we've been saying for a really long time. Basically, from the beginning is this is not different from all other panics, and we know Trump likes to use the word panicking. I love that word. I think it's very funny and very apt. We have a competent government right now, and we're executing the war in a reasonably competent way regardless of what Iranian propaganda will have you believe. And regardless of what the the the new right will have you believe and the and the woke left will have you believe, The middle of the country knows that we are prosecuting this war effectively. And, yes,
ETHBTC ratio. The hyperliquid.
Look at it. ETHBTC ratio. Hyperliquid is absolutely crushing it. And, I mean, you know, trade trading at $40, it's basically almost back to the highs. It's only 20% off the highs.
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