mo retweeted
Three things I don't love about the current market set up:
1) Hyperscaler credit spreads have broken above their July (Leopold Liquidation) wides (chart below).
2) Index momentum has stalled and entered a consolidation.
3) Financials/Staples ratio falling apart.
mo retweeted
Seems pretty notable that despite all of the pivots to AI from miners, hash rate for bitcoin is quietly almost back at record highs
Bitcoin stores it efficiently at scale.. that’s the whole thesis




















