ROLLUP: Market Top? | $3B ETH ETFs | Saylor Minting Shares | Fed Turns Bullish
Episode publishedPodcast: BanklessBankless
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Bankless nation is the August. Time for the bankless weekly roll up, David. We gotta get to this question first. This is, a meme I saw on Twitter that I think encapsulate what what everyone is feeling right now. What if a 124,000 Bitcoin was the cycle top and there won't be an alt season? And this is a picture of a bald Wojak just lying in bed thinking about this question. It is McDonald's.
Wearing a McDonald's T shirt. Yeah. Yes. It's a McDonald's polo. I mean, I I I think it's a good question because questions like this, I I think we should always be asking ourselves. To me, this is a sign of market rationality. Are you, like, laying
up at night thinking about this?
We are not guaranteed an alt season. We are never guaranteed an alt season. And the fact that, like, this is a a question that the market is pondering and turning over, I think is healthy.
You think it's a good question? Yeah. Yeah. It it allows us to not feel entitled as investors to question our assumptions. Although, this is depiction of someone in in a McDonald's shirt, which implies he's, going and getting a job, and he's deeply worried.
He's been spending
all night thinking about this question. Do you think that gets unhealthy territory?
I mean, at some point, crypto Twitter memes are are guaranteed to come out of the the mental health asylum that is crypto Twitter.
Well, we're gonna try to answer that question the best of our ability. Do I buy the dip, or do I sell everything? The two extremes of that spectrum, and we'll give our takes on the question. Also, we've got 30 peak bull market signals. And the question Not one.
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