PhoAlpha

[PhoAlpha @PhoAlpha]

@tulipking @QTRResearch From here on, would a best risk adjusted short still be mstr, btc or strc? If your base case of an eventual unwinding then shorting mstr would still be the best even though mnav is ~ 1 right

[PhoAlpha @PhoAlpha]

@BittexXBT @BittexXBT do you see current btc setup very similar to July 2021 with huge spot bids at -50% from ATH below 60k and shorts keep pressing yet we fail to break down? During that period we also decouple from Tradfi market as well.

[PhoAlpha @PhoAlpha]

@saliencexbt Sal are you saying the risk is that a close near the lows maximizes daily rebalance pressure, where both long levered ETFs cut exposure and inverse levered ETFs add shorts after a big down day, making Monday open mechanically fragile?

[PhoAlpha @PhoAlpha]

@FoftyPawlow @dampedspring so main point is that no serious buyers would deploy given Saylor is too much of a overhang now?

[PhoAlpha @PhoAlpha]

@based16z which means reflexivity kicks in as everyone try to frontrun his sell which leads to him needing to unwind even more BTC

[PhoAlpha @PhoAlpha]

@FoftyPawlow @dampedspring @FoftyPawlow what odds do you think MSTR will not be able to recover? I did some mental math and wouldn't for MSTR to go insolvent would need BTC to be at 10k. Just asking because don't know if you are being sarcastic or there is something that i am missing

[PhoAlpha @PhoAlpha]

@MoneyPrinter0x Do you think NVDA, BTC and HYPE is trying to tell us something? Leaders all underperforming while people start chasing beta?

[PhoAlpha @PhoAlpha]

@ezcontra this will send BTC to hades

[PhoAlpha @PhoAlpha]

@Merridew__ Lily bullposting crypto? We really exhaust all hopes and the last believers are people who hate crypto the most

[PhoAlpha @PhoAlpha]

@0xMerp @0xMerp what do you think about Extended? Polymarket pricing FDV at around $200m

[PhoAlpha @PhoAlpha]

@kelxyz_ @EmersonDickie @blknoiz06 @prlnet When will Pluralis open up their model for public users?

[PhoAlpha @PhoAlpha]

@sershokunin @corgil @tradexyz @MoneyPrinter0x

[PhoAlpha @PhoAlpha]

@crypto_condom @sershokunin wen BB on tradexyz

[PhoAlpha @PhoAlpha]

@MoneyPrinter0x Still in Intc?

[PhoAlpha @PhoAlpha]

@sershokunin hey can you list NBIS on tradexyz

[PhoAlpha @PhoAlpha]

@BittexXBT @gainzy222 Wdym

[PhoAlpha @PhoAlpha]

@paleonormie Why

[PhoAlpha @PhoAlpha]

@LuckyXBT__ What is the reason behind your speculation? They also sold Hype previously. Just asking

[PhoAlpha @PhoAlpha]

@FredWick7 Hype as well