Phil Sirois

There is something you MUST understand about this market. Retail LOVES making money. But Wall Street? Wall Street LOVES buying what retail sells. You own: $BTC $TSLA $SPCX $NVDA $MRVL $MSTR $MU …and the second the price starts dumping, suddenly you’re convinced: “Maybe I was wrong.” “Maybe this is going lower.” “Maybe I should just sell and buy back later.” That is EXACTLY where people get wrecked. Every seller has a buyer. When you panic-sell your Bitcoin, someone is taking the other side. When you dump your $TSLA because the chart looks ugly, someone is accumulating. When you puke your $MSTR because Bitcoin is down 15%, somebody with deeper pockets is perfectly happy taking your shares. And these people have something you don't: MASSIVE CAPITAL. MASSIVE LIQUIDITY. MASSIVE LEVERAGE. Citadel literally demonstrated the game last month. After AI hedge fund Situational Awareness got crushed and was forced to liquidate its public-equity portfolio, Citadel stepped in and bought positions at discounts that reportedly exceeded 10%. Then Citadel turned around and executed nearly 100 block trades worth more than $4 BILLION. Think about that. Forced seller → deep-pocketed buyer. That is how markets work. So stop thinking the red number on your screen is telling you the future. PRICE IS NOT THE BUSINESS. $TSLA's price isn't Tesla's execution. $NVDA's price isn't Nvidia's execution. $MRVL's price isn't Marvell's execution. $MSTR's price isn't Bitcoin's network. And Bitcoin's price isn't Bitcoin's long-term thesis. The market can make you feel like the world is ending on Monday… …and make you feel like a genius on Friday. That's noise. Your job is to know what you own. Keep some dry powder. Expect volatility. Buy the dips when the thesis hasn't changed. And if you don't have cash? SIT. ON. YOUR. FUCKING. HANDS. Do NOT let a 20% drawdown convince you that a company you've researched for months suddenly became worthless. Do NOT let Wall Street's volatility transfer your shares from your account into someone else's. You don't need to predict every fucking move. You need to survive the volatility long enough for the thesis to play out. Would you really bet that Tesla's execution, AI, robotics and energy business will be worth LESS a year from now simply because the stock had a nasty month? Would you bet against the continued adoption and scarcity of Bitcoin because the price got crushed? Would you abandon great companies because some algorithm decided to sell billions of dollars of stock? I wouldn't. Believe in the execution. Believe in the assets. Respect the volatility. Keep liquidity. And most importantly: DON'T LET WALL STREET'S SHORT-TERM PRICE ACTION MAKE YOUR LONG-TERM DECISIONS FOR YOU. They have the capital. They have the leverage. They have the machines. You have something they can't manufacture: PATIENCE. Use it.

CZ wrote a little list about why crypto is down.. so I made a list too... Six of his biggest claims, graded against the record.. FTT, SAFU, October 10, the guilty plea, proof of reserves, the super cycle.. every quote, every number, every receipt... Read it before you believe another word he says.. the pirate's rap sheet! muse.ai/s/cz-binance-false-c…

Week ahead... $BTC bounced off $62K and it is sitting at $64,500 this afternoon.. still 49% off the top, Fear & Greed at 10, EXTREME FEAR, and it is heading for a sixth straight weekly loss if it closes under $74,740... The ETFs bled a seventh straight session on Friday.. $1.9 BILLION walked out in seven sessions.. IBIT alone, eleven straight days of outflows... MONDAY.. Fed Chair Warsh speaks, and $SLNH reports, call at 5pm.. bar is EPS -$0.07 on $18.4 MILLION revenue, stock closed under 50 cents... TUESDAY.. Retail Sales at 8:30am, then $NVDA after the close.. bar is $2.52 EPS on $111.2 BILLION revenue.. first earnings WITHOUT Jensen, interim CEO Colette Kress on the call... WEDNESDAY.. FOMC Minutes at 2pm, and $ANT prices in the evening.. $70-78 a share, reported not confirmed.. the minutes cover the October meeting, so they pre-date the hot CPI... THURSDAY.. Jobless Claims at 8:30am, $ANT starts trading, reported, and Walmart reports... FRIDAY.. quieter.. state jobs at 10am, Fed's Waller speaks... That is the week.. $62K held, the fear is maxed out, and the earnings decide everything.. don't get played by the first spike...!

He crashes the market every October like it is his fucking job.. then he shows up with a sermon about long-term vision.. CZ, you are not a visionary, you are a convicted criminal who ran the dirtiest casino on Earth... DCA with WHAT.. the customers you just liquidated.. you buy while they get margin called, you preach patience while they lose everything, and when anybody points at you it is suddenly an OKX attack.. the criticism is not a conspiracy, it is your rap sheet... You don't protect customers.. you farm them.. and Star just said out loud what everybody already knew!

Think about this for a second.. your coins have NO price... 1 $BTC is 1 $BTC. that never changes.. what changes is the number of DOLLARS somebody will give you for it.. that number is the BID and the ASK, the last trade, nothing more... $65K is not the price of Bitcoin.. it is the price of a DOLLAR, measured in Bitcoin... A $100 bill is the same trick.. the paper and the ink cost 11 cents, the Federal Reserve's own number.. the other $99.89 is what everybody AGREES it is worth.. the second nobody agrees, it is just paper... Gold is the same.. an ounce is an ounce.. the $4,000 is the bid and the ask in dollars.. and it costs about $1,930 of real work to dig one ounce out of the ground... $BTC is a network.. and the value came from the ENERGY.. about 1 ZETTAHASH a second securing it, ~170 terawatt hours a year, and it costs miners about $75,000 to $85,000 to mint ONE coin.. right now the market will only pay them about $65,000 for it.. the price is BELOW what it costs to make one... So ask yourself the only question that matters.. what would YOU pay for a Bitcoin...!

Wake up.. crypto is not going anywhere, it is only STARTING... 🚀 $BTC is not dying, FIAT is.. they print it, they debase it, they steal your savings one basis point at a time, and then they tell YOU $BTC is the risky one... 💀 $SOL did not crash, the PRICE did.. the chain never stopped, it is faster, cheaper, more users than ever, and the price is on sale like it is 2021 again.. the network did not break, your conviction did... The sentiment is so fucking bad right now that I turn BULLISH.. Fear and Greed at 10, EXTREME FEAR, everybody screaming it is over, the timeline is a funeral.. that is EXACTLY when the money is made... 🔥 You will regret not buying the fear... AGAIN!

So everybody is buying their crypto back because they all placed a bid at 9pm ET.... that's great... Excuse me now, I have to leave, Lily James keeps calling me, I have to go to bed...

Is it me or there is a pattern here ? 🤔 $BTC $NVDA $SPCX

BREAKING: Anthropic IPO cancelled.. quick, everybody buy your $BTC back 😂

They don't fucking hide it anymore....

So let me get this straight.. everybody is selling their $BTC at a LOSS on a Saturday night to buy shares of an IPO that doesn't even price until Wednesday.. give me a fucking break... $BTC just printed $62K.. down 50% from the top, down 15% in a week.. and in the last 24 hours more than $1.3 BILLION got liquidated, $691 MILLION of it in ONE hour, 97% of it longs.. that is not people selling, that is a liquidation cascade on thin Saturday books.. Meanwhile the ETFs bled $1.91 BILLION in 7 straight sessions, IBIT alone out 11 days in a row.. CPI came in hot, PPI yearly 6.5%, the 10Y is 5.15%, the dollar is at a 19-month high, Jensen quit.. THAT is why it is falling, not an IPO.. Nobody panic-sells $BTC at a loss at 8 PM on a Saturday to buy shares that don't exist yet.. the IPO story is a bedtime story for people who need a reason.. the reason is leverage, thin books, and a market with no bid!

The biggest $SOL treasury $FWDI just moved 1.88 Million $SOL to Coinbase Prime.. $130 MILLION, 21% of their stack, on a Saturday night.. A deposit is not a sale.. but they sit on $187.5M of collateralized debt with margin calls at 174% and 136%, $5.25M in cash, and a stack bought at $232 while $SOL trades at $69.. That is not a treasury.. that is a forced seller waiting for a trigger!

Imagine the whole world has only 21 MILLION bottles of drinking water.. that's it, not one more, ever.. and there are 8 BILLION thirsty people... Would you stare at a chart wondering if the RSI is below 20.. would you wait for your bottle to crash to $40K so you can buy it cheaper.. would you sell it because the price dipped this week... You wouldn't.. you'd hold that bottle like your life depends on it, because it does.. one bottle for every 390 people on Earth... $BTC is the same thing.. 21 million, hard coded, not one more ever.. millions already lost forever.. only 450 new ones mined a day.. no CEO can print more, no government can dilute it, no company can issue new shares on a Friday afternoon... And the big hands already figured it out.. Strategy and the ETFs locked 2.1 MILLION away in cold storage, 10% of everything that exists.. the exchanges are down to 2.68 million and falling.. the float is drying up while 8 billion people are still waking up... So no.. I don't care about the RSI, I don't care if it goes to $40K.. you don't trade water when there's only 21 million bottles.. you hold it, because there is no price high enough to make you sell something you can never buy back...!