It has been five years since Bitcoin has had true unhinged price discovery & I think a lot of people forget what that is like.
Roughly the current chart ripping non stop for four months up to $450,000.
🚨 BITMINE’S STAKING + VALIDATION REVENUE ALREADY EXCEEDED COST OF SALES + G&A
For the quarter ended May 31:
🔹 Staking + validation revenue: $45.7M
🔹 Cost of sales: $5.7M
🔹 G&A: $37.3M
🔹 Combined: $43.0M
Revenue exceeded those two cost lines by $2.7M.
BitMine now projects $330M in annualized staking revenue at its current scale.
That is roughly 1.8x the May quarter’s annualized pace. $BMNR
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🚨 BREAKING 🚨
Solana tokens average hold time has crashed to just 42 seconds.
It used to be 30 hours in March 2024.
🤣 Now it’s 42 seconds.
“You don’t get it bro. It’s called Having motion. Game is game bro. He’s got aura bro. No cap bro.”
The setup here is looking very healthy.
Irrespective of any kind of incoming correction or not, the overall backdrop of this price structure isn't bearish.
1. Price - We have a very strong impulsive move
2. Funding - decreased on this recent vertical accumulation
3. Open Interest - nuking and stabilising
4. Coinbase Premium - flipping green for the first time in 3.5 months
5. Spot volume - has been very strong
This has been a heavily spot driven rally where Open interest is stable.
This is exactly what we want to see moving off of the bottom.
🚨 For the first time in 440 days, solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u 50D & 200D moving averages are just 5.23% apart.
A GOLDEN CROSS is imminent. 🟡📈
Does that guarantee solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u goes up immediately? No.
After these multiple green candles, I’m mentally prepared with limit buy orders for a pullback to:
🟣 $120M support
🔵 $93M next support
And if the 50D MA flips into a new support line, things will get very very very very interesting.
JUST IN: TWENTY ONE CAPITAL CEO JUST SAID LIVE ON BLOOMBERG #BITCOIN HAS "A LOT OF UPSIDE POTENTIAL"
"BTC IS A DROP IN THE BUCKET IN A OCEAN OF LIQUIDITY"
"ITS GOING TO CAPTURE SOME OF THE MONETARY PREMIUM OF THE $300 TRILLION REAL ESTATE MARKET"
2nd LARGEST CORPORATE HOLDER OF BTC 🔥
$ETH IS LOADING THE NEXT LEG.
FIRST FLAG → BREAKOUT.
SECOND FLAG → BREAKOUT.
NOW A BULLISH PENNANT RIGHT BELOW $2,500.
THIS COMPRESSION WON’T LAST.
$2,500 BREAKS → $3,000 COMES FAST.
THEN $4,000+.
ETHEREUM IS ABOUT TO GO VERTICAL.
JUST IN: FORMER DEMOCRAT NEW YORK GOVERNOR JUST SAID HE IS "HOPEFUL" THAT THE #BITCOIN CLARITY ACT PASSES NEXT MONTH
"ANYONE WHO IS LOGICAL WILL UNDERSTAND IT HAS TO PASS"
"IT HAS TO PASS BECAUSE OTHER COUNTRIES HAVE ALREADY DONE IT"
"IF IT DOESN'T, IT WILL ONLY GET HARDER"
BIPARTISAN SUPPORT IS GROWING
PASS THE BILL IMMEDIATELY 🔥
$BTC is hovering around the $79,000 level.
After such a big move, Bitcoin could have a correction and then consolidation.
But from here, the next big move is still likely to the upside.
BITCOIN $79,000. THE 2026 DCA IS DONE.
Bought $53,000-$65,000. That was part one.
Part two: derisk $88,000, $113,000, $136,000.
Buy back $75,000, $100,500, $118,000.
Part three: sell zone $150,000-$170,000.
The plan does the thinking. I just execute.
We are firmly back in a bull regime.
My Bull/Bear Index indicator has printed a level that only ever prints in macro uptrends.
In fact, this weekly print is double the size of the print that brought us out of the 2022 bear market.
In addition, the last time we printed a candle this large was in July 2025.
You can very clearly see that at no point during any bear cycle lower, has Bitcoin printed a bull candle like this.
They don't happen.
You always get a flicker of some green at some point, but they are weak.
This candle is not weak.
This index is telling us the bottom is in.