Astro retweeted
At some point the capital markets will close for these treasury companies and MSTR, and it's typically rapid when that happens
The ATM will be more flexible, but will crush the stock if it's in a downtrend and if things are looking fragile.
And once credit investors get spooked, MSTR won't be able to issue any more debt.
I think a sign that the credit markets have closed on them will be if they keep leaning on the ATM without doing a bond deal. And the last bond deals were in March '25
If MSTR equity dips below this trend line, things will prob start getting a bit dicey
Astro retweeted
Log on and see everyone now talking about market structure way too late, calling top etc.
Gave these thoughts to @AstroXBT weeks ago, and he was one of the only ones I saw who was bearish on prices when everyone else was still euphoric.
Astro retweeted
Call me crazy but I think SOL/ETH is going to at least put in a local bottom and bounce here
If ETH breaks 4k, this range breakout is still in play
What happened last time SOL broke out of a 1 year+ range?
A man can dream...
Looking back on it, it feels like the run in late '23 - early '24 was driven by a severe underallocation among market participants to SOL
The aggressive move was primarily bringing it up to a more reasonable valuation, and it would never have traded so low if it weren't for FTX etc.
Now after over a year of ranging, my guess is that we will start to see a very meaningful markup once it decisively breaks out
Astro retweeted
Speculation is just speculation at the end of the day but the more time that we stay above 88k the more likely it’s becoming to make a new ATH. The slower this goes the better for alts but overall I’m starting to entertain a 115k-60k type range for the next year +
Kind of reminds me of the move from 30k when we swept ATH last cycle but Saylor is the new catalyst for the same move
