Bitcoins - about to hit $5,000 per coin today!

[obsidian]

Prepare for FUD and soon you will see plebs actually bearish, not fake bearish.

Energy grid gunna get whacked and Bitcoin runs on......

DXY been right for over 3yrs,, now we have an event.....do you want to bet against it? 

 ETH will be front ran by plebs who will claim staking is the way, immune to energy shocks etc etc. you don't want plebs yolo'ing at the bottom, you want them doing it at the top, that's why it's been so shit. Everyone is already in so there is nobody wanting to chase the top so it falls over.

Most weak hands are out of ETH. The ETH supply on exchanges keeps dipping. ETH had a cursed third cycle - similar to XRP. SOL will be entering its third cycle.

The current ETH price is pathetic. BTC, BNB are near their 2021 ATHs. TRX is 3x its 2021 ATH! TRX actually outperformed BTC as well since 2021. I have some TRX - not enough though.

[Flexacon]

Maybe the plan is to actually let us run out of fuel. Literally 90% can't get anywhere and we have a lockdown style event?  That could work on slowing down consumption like tariffs would.

So it could be curfews, home working and essential travel only

Shops, restaurants and cafes in Egypt have been told to close early as part of a raft of temporary measures to combat soaring energy prices caused by the Iran war.

The "exceptional measures" introduced by the Egyptian government also include dimming street lights and roadside advertising, as well as a return to home working for one day a week in April for many.

https://www.bbc.co.uk/news/articles/c0rxz7ggv8go

[Mayday]

So it could be curfews, home working and essential travel only

Shops, restaurants and cafes in Egypt have been told to close early as part of a raft of temporary measures to combat soaring energy prices caused by the Iran war.

The "exceptional measures" introduced by the Egyptian government also include dimming street lights and roadside advertising, as well as a return to home working for one day a week in April for many.

https://www.bbc.co.uk/news/articles/c0rxz7ggv8go

Down here we have the Govt:
Encouraging work from home
Introducing designated driving days
Moving to a 4 day work week --> they say Monday off.... But we know many have Friday as a very easy day.... Which kind of suggests a 3 day work week. Scary in a way.
Tasmania approved price caps for fuel which we know creates biblical shortages and mayhem.

[Flexacon]

Down here we have the Govt:
Encouraging work from home
Introducing designated driving days
Moving to a 4 day work week --> they say Monday off.... But we know many have Friday as a very easy day.... Which kind of suggests a 3 day work week. Scary in a way.
Tasmania approved price caps for fuel which we know creates biblical shortages and mayhem.

There have been quite a few long running trials done on 4 day work weeks. It doesn't decrease productivity. There are a lot of wasted hours in 5 day work weeks, especially on a Friday as you mentioned. People are generally happy to lock in and be more focused with less wasted hours in exchange for an extra day off. It should be okay.

It will be quite something if they pull off a stealth lockdown

[SouJerz]

Keep stacking Satoshis!

[Flexacon]

I feel like they want to create some type of crash to usher in a flash recession similar to the covid crash. I don't think it will be tariffs as they did that 12 months ago. It will probably be Iran related, or something wild like a successful Trump assassination, or China/Taiwan.

Crypto showing some strength is nice. It will be fun when the money printers turn back on.

Well they tried  The Iran blockade is probably gonna get it done though. Shed all longs and waiting in cash

[Mayday]

Well they tried  The Iran blockade is probably gonna get it done though. Shed all longs and waiting in cash

Haha they did indeed, maybe they'll try again. This is a crazy year and we are 4 months of the way through, still a while to go yet.

I'm still in my S&P ETF I think it goes higher a bit more. Shit will hit the fan in the coming months. Australia let in bad fuel. we had to use the BMW today and I chucked in 30L. 5mins later we have misfires. Expect more things like this to happen where engines are blowing up.

[Mayday]

It's great how everyone already sold ETH so price wouldn't go lower......all weak hands were out right?

Im seeing the typical retard gurus claim it's over and BTC may not recover this time. All fake bears, just like before. So many people in actually gagging for lower price, same as 2022.

[obsidian]

It's great how everyone already sold ETH so price wouldn't go lower......all weak hands were out right?

Im seeing the typical retard gurus claim it's over and BTC may not recover this time. All fake bears, just like before. So many people in actually gagging for lower price, same as 2022.

I have not sold shit. ETH staked supply is at an ATH. Almost 40 million ETH staked.

https://beaconcha.in/charts/staked_ether

The market is irrational. ETH is a lot more scarce than the ETH:BTC ratio indicates. You have a little over 6 ETH for every 1 BTC. BTC is trading at around 35-36 ETH. That's a 6x premium over the scarcity.

We'll see if this will change anytime soon. All I know is Ethereum's fundamentals are much better than Bitcoin's. Bitcoin dominance has been going up for 4-5 years. BTC holders have not been tested like ETH or altcoin holders who've seen 5-years of pain. We'll see how strong BTC holders' conviction is if BTC shits the bed.

Saylor and his STRC is like a ponzi. There is no native yield in Bitcoin. He's trying to force it with STRC. Ethereum does have yield, and Tom Lee's Bitmine just announced a similar strategy.

https://www.coindesk.com/business/2026/06/03/tom-lee-s-bitmine-to-offer-preferred-stock-with-9-5-dividend-seeking-to-raise-usd300-million

I mean this chart looks interesting. Is BTC.D going to rollover down to 30-36%?

[Mayday]

ETH holders haven't been tested yet.

After a bottoming of the ratio, alts were such a shit show that BTC holders who were dumping at the top did not have appetite to rollover those gains for maximum risk taking into ETH. Hence ETH failed and sold off.

The ratio touched the top trend twice. The last attempt was the 3rd attempt  and it didn't make it to the previous trend, it got rejected on a much lower ratio trend.

The ratio has tested the bottom reset twice. We are about to go for the 3rd attempt...... we know the 3rd attempt at the top failed, therefore this one to the bottom is important.

Anyhoo, fundamentals most often do not include belief of value. belief of value comes first, then price follows as an outcome of supply and demand. You do not have supply and demand  dictate price by itself. I argued that to Plan B and I got blocked lol.

So sure, today the staked numbers might look good but the issue is that ratio is telling you the belief of its value cracked at the top which is why price action is worse despite supply,/demand fundamentals looking better. That Plan B shit is a red herring....... His method falls over stupid fast because you can have the same number of holders, same volume but price per unit vary massively.