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Daily Market Report #757 TLDR It’s Saturday, and I would be lying if I said I was not affected by these prices or angry at myself. On one side, you want to stand up and cry. On the other side, you want to shout. But it does not make sense. It is just numbers. You cannot change it. And as you know yourself, when you have been here for many years, you have seen this before. I have been here at $3K and at $120K. Nobody likes to admit it, but what is happening right now is not easy. It is brutal. But you do not survive so many years by panicking. You survive by accepting the situation and staying rational. bitcoin:native is sitting at $60,900. Weekly RSI dropped to 2022-bottom levels. Over 50% of Bitcoin holders are now in the negative. Michael Saylor is sitting on an $11.5B unrealized loss. ethereum:native is sitting at $1,600, and BitMine is sitting on an $11B loss. We will probably only know next year if this was heroic or insane. $SOL holders are living the longest pain of any major. 8 months of going down. Then we have $HYPE losing all its monthly relative strength. Arthur Hayes declared $ZEC, $NEAR, and $HYPE officially dead, and the 3 trades that defined the run over the last months are now unwinding together. $ZEC crashed 48% in a day after the Orchard pool bug was found via an Opus 4.8 AI audit. AI found a critical vulnerability in a major privacy chain. $XMR got struck down too. The privacy thesis is really difficult right now. On the good side, OpenSea Mobile sent the first Early Access keys to Pudgy Penguins holders, and I got mine. AI is now breaking and securing crypto in real time. We also have some of the biggest IPOs coming very soon, and it will be crazy. I am going to touch some grass and enjoy the day. What are you watching for the rest of the day?

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