The Wolf Of All Streets

“The S&P 500 is sitting near record highs. But the internals are weak. As of Wednesday, 257 of the 500 stocks in the index were trading below their 200-day moving averages. That’s more than half the index underwater on a widely watched long-term momentum measure. Breadth is bearish. Now look at crypto. Of the top 100 tokens by market cap, 88, including Bitcoin and Ethereum, are trading above their 200-day SMAs. Most of those same coins are also holding above their 50-day and 100-day averages. That’s a clean, bullish configuration across the board. And here’s the part that stands out: $BTC, $ETH, $XRP, $SOL and the majority of the rest are still well below their all-time highs. They look relatively inexpensive compared with equities that are already pricing in a lot of good news. Weak breadth in stocks near highs has historically been a yellow flag. Strong breadth in crypto while prices remain far from peaks is the opposite setup. The data doesn’t lie.”

“The S&P 500 is sitting near record highs. But the internals are weak. As of Wednesday, 257 of the 500 stocks in the index were trading below their 200-day moving averages. That’s more than half the index underwater on a widely watched long-term momentum measure. Breadth is bearish. Now look at crypto. Of the top 100 tokens by market cap, 88, including Bitcoin and Ethereum, are trading above their 200-day SMAs. Most of those same coins are also holding above their 50-day and 100-day averages. That’s a clean, bullish configuration across the board. And here’s the part that stands out: $BTC, $ETH, $XRP, $SOL and the majority of the rest are still well below their all-time highs. They look relatively inexpensive compared with equities that are already pricing in a lot of good news. Weak breadth in stocks near highs has historically been a yellow flag. Strong breadth in crypto while prices remain far from peaks is the opposite setup. The data doesn’t lie.”

“Bitcoin spot ETF inflows hit $731M, the largest single inflow day since January "Usually when we're talking about what's signal and what's noise we don't talk too deeply about the daily ETF inflows and outflows because it generally gets washed away in the news cycle, but when you have the largest day here in September, basically of the entire year since January, it's worth noting almost a billion dollars in inflows into the Bitcoin spot ETFs." "IBIT, of course, from BlackRock had 454 million of those, but six other funds also had inflows." "August had approximately $3.5 billion in inflows, strongest month since September 2025, and that was right before the October peak of the entire market. So this is a real trend that started in August when Bitcoin started to move up towards the end of the month." "It was the bond market that sparked this, the fact that Treasury announced that they were going to double their buybacks, that was the catalyst. But now we're weeks removed from that happening and prices are still high and inflows are still increasing, which means that there's actually an institutional, and retail bid underlying this price move, giving a lot more confidence that this is strong and that it could potentially be a lasting move."”

“Bitcoin needs to hold above around $82,800 to break the bearish structure "I do believe we are likely near a bottom. All the signals I've been telling you about for months were there, and now we've passed some fundamental levels that I think are important" "That said, for the technical analysts out there, Bitcoin needs to get above around $82,800 and hold there to make a new higher high and abolish the bearish market structure that still exists" "If I had a gun to my head, I would imagine we see some sort of retracement to some degree. Let RSI cool off, let the chart cool off a bit, maybe go back and test the low 70s or high 60s, get people thinking we're in a bear market again, and then gain fuel for that next rally" "It's nice not to be trading sideways at $64,000 indefinitely. It seems Bitcoin finally produced the perfect bottom signal, which was everyone stopped caring. Perfect time based capitulation"”

“The Rise and Fall of Bitcoin Treasury Companies “One thing I got right and got right early in the face of extreme pushback was that Bitcoin treasury companies were a horrible idea, the next bubble" “They’d take a defunct pharmaceutical company, turn it into a Bitcoin treasury, the stock goes up, buy a bunch of Bitcoin at the top, with no plan to ever do it again. The premium collapsed and they all top-blasted” “This was the dumbest thing I’d seen in a long time and I screamed about it repeatedly. I got pitched to invest and didn’t because it was obviously dumb””

“Everyone feared Saylor becoming a forced seller but when he actually sold, Bitcoin went up “This was arguably the biggest FUD in the market, Saylor becoming a forced seller. The narrative was he’s the only buyer, the buyer of last resort, then Bitcoin went up after he sold” “He’s shown that’s just not going to happen, and more importantly he’s shown he can’t really even buy right now, which is also not affecting the price” “To me, that’s more of a bottom signal””

“Bitcoin Is Setting Up for $70K - But The Fed Could RUIN It https://t.co/OOnzxV1HYP”