Since MicroStrategy sold 411 Bitcoins before, last week they sold another 32 coins. The old man used to say he would never sell coins! Of course, I don’t believe that, capital is all about profit, and if the profit is gone, it still needs to be sold.

Look at MicroStrategy, they hold a total of 843,706 BTC (worth about $60.94B), with an average cost of $75,699, and an unrealized loss of $2.93B (-4.6%). Whenever MicroStrategy sells, it sets a bad precedent because they can keep selling, and everyone is watching. Previously, Germany sold over 50k Bitcoins, and Bitcoin dropped from $70k to over $50k. MicroStrategy’s actions are even more serious. And look at Tom Lee’s Ethereum holdings—totaling 5,416,901 ETH (worth about $50k), with an average cost of $3,485, and an unrealized loss of $70k (-43%). It’s devastating, but since it’s not their own money, they can shout whatever they want. However, when the losses become unbearable, someone will definitely hold them accountable! Because capital is also bloodthirsty and ruthless.

As US-Iran negotiations and the Strait of Hormuz are closed off, well, honestly, the future will definitely open up. It’s just that the current back-and-forth makes Bitcoin and the entire market very uncomfortable. Bitcoin is now completely detached from the US stock market, with no meaningful reference. Let’s just observe for now.

Recently, I’ve noticed some altcoins showing strange bottoming phenomena. While Bitcoin has fallen, these altcoins haven’t dropped much. The mainstream still follows Bitcoin. If you’ve noticed such altcoins, you should leave a message, as it’s very likely a sign of an upcoming move.

I’ve looked at a few, like $LINK $APT $PENDLE tao and others, and there are many more. You can go find them yourself.