“I sold maybe a quarter of it just to rebuy it lower. … I maintain my million-dollar price target for Bitcoin.”
Sold a quarter of Bitcoin into Saylor's untenable position, will rebuy at 50-60k, still million-dollar target
“There are so many examples in financial history of people getting overlevered just basically on a prayer that the underlying asset continues to rally through…”
Saylor's MicroStrategy is the Eggman with no off-ramp, the leverage unwinds in tears
“You should sell maybe 20% of your hype position, Jonah. … I don't think it's necessarily a bad idea to sell maybe a little.”
Trim HYPE here, 20% of the position, it has capped upside being already so large
“right now you see the CEO of ICE talking about how they're taking Hyperliquid very seriously … you probably can see $150 hype by the end of the year”
Hyperliquid 3x'd and can hit 150 by year end as ICE and TradFi take it seriously
“you probably can rotate a little bit of those gains into Monero. Monero has really lagged behind … Monero is really the asset that a lot of these people…”
Rotate Zcash gains into Monero, the lagging coin that privacy users actually use
“Even Vitalik is kind of like, isn't he like moving to China to write haikus or something? … That can't be bullish for ETH at the least”
Ethereum has no way forward, builders and even Vitalik disillusioned, decentralization dream dead
“they were tied to the price action of crypto for a long time … And finally, it's broken away”
Robinhood breaks free from crypto beta, Trump accounts and AI agents drive it higher
“in the last innings, when volatility is the highest, you want to raise cash … you want to be in those names that are going to benefit the most from those”
Half cash is the play, market is purely technical and white-hot, raise cash for the last innings
“I think Palantir probably takes a bit of a run. Now, for a fundamental reason, no, but because it's an AI defense stock and both defense and AI are sort of…”
Palantir runs to 200 on AI-plus-defense narrative even without fundamentals
“the supply demand gap according to Goldman, is going from 3.3% to 4.9%, which is the most severe memory shortage in 15 years”
Memory supercycle drives Micron higher on the most severe DRAM shortage in 15 years
“if he gets hit with hard inflation numbers again, next month, we're probably going to see rate hike prices go up on those contracts even more.”
Another hot CPI pushes Fed hike odds higher, and rate-sensitive megacap tech sells off as the market reprices.
“there are a few yellow lights out there”
Memory prices have yellow lights: GPU prices off the highs and Chinese DRAM flooding will ease demand
“it's not just the floating armada of unsanctioned tankers that can slam the oil market … It's really going to kick the nuts of oil.”
An Iran deal opens the Strait, floods oil onto the market, and oil goes to $50, easing inflation