Quick thought on the $BTC dump 🧵
The number I'm watching isn't BTC's: it's whether $ETH reclaims and holds $2K.
If it does during a BTC storm, that's a confidence signal. And confidence is what triggers rotation. Here's the math on what even a small rotation does 👇
Market cap = last price × supply, and most ETH is staked or held: it never hits the book. So that $142B doesn't buy at spot, it climbs a thin book and reprices the entire float.
That's how a 'small' 10% rotation turns into 2-4x. $5K-8K ETH, fast.
« including from people I've generally considered interesting and sophisticated » Sorry dear not to be sophisticated enough to enjoy the fast decline of our continent along your side. Please stay in fantasy land and enjoy your good life while we are slowly getting enslaved by the worst, most sophisticated mafia ever.
@EthicalSkeptic Do you think infants could be unaffected but a global immunity drop (mRNA-induced reset) allows illnesses to spread more easily, impacting fragile populations?
@billyhumblebrag You do understand that this is a crappy solution that barely cool down anything due to the compressor heating the room and the depression it creates that pulls lot of hot air from the outside?