$316

Goodbye for now

Larp szn is over 🚨 tbh, since I like to actually know what's going on, I got a fun one for you 💭 Since December, I've been highlighting that it seemed like we were topping out in distribution, & then highlighted that they ran us through the EXACT same pattern twice Seeing that we have been drawing things out - I believe the recently applicable term in markets is "Max Extraction" - I wanted to see if we were going to run it a 3rd time on the way towards the breakdown in this distribution, & drew out my expectations (forgive my screenshot editing & ugly finger painting) which has hit thus far exactly as expected Listen, this isn't me telling you to do anything, but it did give me every single major level over the past few months while the narrative was to "top blast" garbage All while the pre-halving ATH was purely institutional money false starting & then clearing ETFs despite active BTC wallets contining to drop all year, ATH was delusion from election results ignoring extreme risks in markets/false economic data/& a buried consumer, & expectations for a strategic reserve that has had no movement despite multiple president's launching & dump memes while all volume was coordinated extraction fueled by billion dollar airdrops that were pvp'd back to the same insiders & companies Your alts can't breathe bc any easing or printing that has been done & the emptying of the reverse repo, BFTP, etc. was all used to prop up markets so insiders & CEOs could exit, both of those funds are now empty, & we are also at our debt ceiling limit so stimmy isn't happening & none of it makes it to the public to form healthy markets with organic opportunity or growth potential Ppl have chronically misinterpreted the rate decisions & their impacts, just as we do in every other crisis, & it pressed everyone in the general public into a state of stagflation, being in an inflationary environment we never corrected & is now heating up bc of the backend props & recessionary pressures on small business & stable full time employment that wasn't govt work (which is being gutted now anyway) That same lack of opportunity & desparation for liquidity led most ppl to abandon their beliefs & identity to full embrace crime szn as intended, & we've assisted in doing more extensive damage to our industry from a retail perspective than regulators did, which is specifically why they never addressed it even though everyone knew it was occurring, & often aided & abetted it Could something change? Of course, but I haven't seen it, & my main points of confluence in bonds, the yen carry, rates, monetary policy, economic revisions, on chain data, & more all send the same message, & one that is louder than a narrative or any particular announcment since it deals with far larger factors than simply one market I've had ppl give me a hard time bc I've been saying that something about this entire cycle feels highly coordinated & extractive from the jump, & that I would be cautious - "ppl that listened to you lost out big" - yea, if they didn't go join the "I don't have a skill set" gifters that gave up their reputations to orchestrate their own success colluding & dumping on one another, but most alts or even btc unless you have the bandwidth to buy big still wouldnt make a life altering impact to those that are already struggling I don't need anything single thing from anyone. Shared the single best native play on Cardano at the single best entry of anyone to where entire businesses made whaling up 20x higher their business model. Called the bottom to the day, twice, 4 months apart, on bonds, which is the largest market in the world. Spent 100s of hours in spaces & 10s of thousands of posts explaining institutional capture was going to exhaust many corners of this mrkt while capturing it themselves. Called large banks failing a year in advance in '23. All for free. I'm not here to lecture you, just to define the reality of things, bc tbh, I think it fucking matters

Silver erased entirely previous month gains within a single day…