Good morning, $BTC $PEPE $STRC $MSTR I’ve been thinking about @saylor strategy. Basically, he offers around 11% yearly returns, paid monthly, for capital that is then used to buy Bitcoin. It might sound like a Ponzi at first, but there’s a real mechanism behind it, plus he has billions in cash reserves. For this model to break, BTC would likely need to stay in a prolonged bear market for 2+ years, which seems unlikely. For comparison, US Treasuries offer around 3% yearly, which is nothing compared to what Saylor offers. This opens the door not just for crypto-native capital, but also for large traditional capital — institutions, funds, etc. Instead of farming low-yield “safe” returns, they might choose this strategy for higher returns. That creates a strong flywheel of constant buyers for Bitcoin because Saylor instantly uses this cash to market buy BTC. Given this, I now think the maximum pain zone for BTC is around 55k–62k, since Michael Saylor and similar players will keep JUST buying, making deeper drops less likely. Since we closed above 73,881 but below 74,235 (my personal marks for continuation higher), I’m holding all my spot positions. However, we now have extreme greed across most timeframes, so a correction is likely, very likely. The dilemma is this: most of my coins I bought recently are already down -85%+, so downside might be limited, while upside potential is huge. For example, something like PEPE could still do a minimum 5x, which would be significant for my portfolio as I have size position in PEPE. Yes, I think a local correction could happen, maybe even down to 55k. But if I sell now, the market could start pumping at any moment, or altcoins could begin to outperform BTC hard. Memes can do easily +30% daily candles. So I’m not sure it makes sense to sell here. Maybe it's time just accumulate spot and chill. Still thinking through this. After restoring a big part of my portfolio, I bought PEPE here with size. Less than 1% bought here because everybody was either underwater, out of cash, or had capitulated If BTC's downside is limited to 55k, I don't think PEPE will go much lower, but the minimum potential upside, I would say, is +255%.