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[Whale 'Set 10 Big Goals First' Discusses Why $58,000 is the Bottom: Signal Comes from Strategy, Bulls May 'Smash the Cup as a Signal' When Saylor Resumes Buying] BlockBeats News, August 25, Whale 'Set 10 Big Goals First' published a long article discussing market trends: 'Last month, I confirmed that around $58,000 was the bottom of this cycle. There was a signal at the time that many people might not have paid much attention to: Strategy. Looking at this from the perspective of an operator is quite interesting. During a bear market phase, what Strategy truly needs to consider is no longer whether BTC will rise, but rather, where the bottom is. How far is the company from its survival line? If there’s another extreme downturn, can the capital structure withstand it? Since there’s still some distance from the real survival line, it’s better to proactively expose risks early than to wait until the last day and be forced by the market to resolve them.' So when Strategy broke the expectation of only buying and not selling, and started adjusting its BTC and USD reserves to optimize its capital structure, I saw it as a very important signal. I’m not saying that Saylor publicly stated, 'I want to test the BTC bottom.' Saylor didn’t. This is just my deduction from the perspective of a decision-maker, but the market eventually provided the answer. The promise of only buying and not selling was broken, BTC dropped to $58,000, and later, with the added bearish news of hardware wallet security concerns that were enough to shake market confidence, $60,000 still held in the end. That was a stress test, and it was the basis for my judgment at the time that $58,000 was the bottom. This isn’t me retroactively justifying my logic after the price rebounded. So now, I’m actually more concerned about another matter: if Strategy starts to continuously buy again, will that be the bulls’ 'smash the cup as a signal'? It’s obviously not a literal buy button, but I would definitely treat it as a high-weight signal. Someone who has truly gone through a stress test, knows the bottom line of their capital structure, and is willing to put real money back in—his actions are at least more worth studying than the opinions of most people in the market who just talk. You don’t have to agree with Saylor. But if you think you’re definitely smarter than someone who deals with capital markets, financing structures, and multi-billion-dollar positions every day, then you’d better first figure out where your confidence comes from. The market doesn’t reward stubbornness; in the end, it only recognizes real money.'

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