MicroStrategy and BlackRock's BTC positions are both underwater; each holds around 850,000 BTC, totaling approximately 1.7 million BTC, with all costs above $75,000. Tom Lee's ETH position is also underwater—he bought over 5 million ETH at a cost basis above $3,400. What makes you think institutions will pump the price for your benefit? Right now, it's just institutions fighting each other, waiting to see who can't hold on, who blows up first, and who would foolishly spend money to pump the market. Besides, this year is a bear market with no major positive catalysts—only negative news: war, rate hikes, high inflation, and quantitative tightening. There isn't a single piece of good news. Are institutions stupid enough to dump the market so retail investors can pick up cheap chips, then pump it back up so retail can make money? No. Institutions aren't that stupid; they won't gratuitously pump the market for retail investors' benefit.

BLK1.77%
BTC0.89%
ETH1.48%
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