Bull Case
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Disclaimer: This is not financial advice. Content here is for informational purposes only, always DYOR before making decisions.
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🚨New Calastone survey reveals imminent $235B liquidity big bang.

*Calastone: TradFi managers are accelerating fund tokenization, while DeFi platforms project a 50% surge in tokenized holdings to improve treasury management.
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🚨Aster DEX has overtaken Hyperliquid in perpetuals trading volume

[Speculative fires keep intensifying, BTFD before everything rips!]
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Bull Case
🚨The gap between the S&P 500 and the weakening job market has widened significantly since the collapse of Silicon Valley Bank, when Powell still raised rates by 25bps. Today, that gap has reached an ATH. [This chart is the smoking gun that Powell's higher…
🚨Powell: downside risks to employment have risen, "one-time" price increases are likely over the next several quarters

[Powell will only get more dovish, BTFD before everything rips!]
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🚨Gold tends to lead Bitcoin by 100–150 days. If that pattern holds, Bitcoin's run toward its next ATH (and perhaps final) should start around November.

[Now is the time to show conviction and BTFD before the final fireworks of this bull run!]
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Bull Case
🚨Discretionary (independent) investor equity exposure ticked up this week but they are still stuck at neutral with plenty of room to catch up. Systematic strategy positioning ("Big Money") flipped discretionary investors in summer and has been rising ever…
🚨Crypto treasury companies (DATCOs) have now accumulated $105bn in assets, up from $60bn since June

[Same story as with stocks, insitutions have been accumulating while retail sits on the fence. BTFD before big money pumps their bags!]
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🚨The social sentiment around BTC shows growing FUD, with more mentions of corrections toward $70,000 - $100,000.

[Institutions buy spot and spreading FUD on social media to keep retail on the sidelines. BTFD before they pump their bags!]
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Bull Case
🚨Discretionary (independent) investor equity exposure ticked up this week but they are still stuck at neutral with plenty of room to catch up. Systematic strategy positioning ("Big Money") flipped discretionary investors in summer and has been rising ever…
🚨Goldman: Feels like sentiment will catch up rather than prices catching down. Sentiment vs stocks yet to inflect, stubborn bears remain.

[Hated rally, innit? BTFD!]
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Bull Case
🚨Discretionary (independent) investor equity exposure ticked up this week but they are still stuck at neutral with plenty of room to catch up. Systematic strategy positioning ("Big Money") flipped discretionary investors in summer and has been rising ever…
🚨CRYPTO SENTIMENT NOW LOWEST SINCE APRIL 2025

[Institutions have been loading up all summer while retail has been FUD out. Show some conviction and BTFD before the most hated rally in the history of crypto begins!]
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🚨RECORD-HIGH SPREAD BETWEEN GOLDMAN SACHS’ BITCOIN-SENSITIVE BASKET AND BITCOIN.

[BTFD before BTC jumps!]
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Bull Case pinned a photo
Bull Case
🚨CRYPTO SENTIMENT NOW LOWEST SINCE APRIL 2025 [Institutions have been loading up all summer while retail has been FUD out. Show some conviction and BTFD before the most hated rally in the history of crypto begins!]
🚨Public companies and ETFs have accumulated over 12M ETH (~$51B), equal to about 10% of the total supply.

[Load up spot before the most hated rally in the history of crypto begins!]
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Bull Case
🚨The SEC has approved new generic listing standards for commodity based trust shares, paving the way for digital asset products to be listed without requiring case-by-case approval. [ETPalooza imminent, BTFD before big money floods in!]
🚨Hashdex’s Nasdaq ETF has been approved by the SEC under generic listing standards, to include altcoins beyond BTC and ETH such as XRP, SOL and XLM.

With the approval of generic listing standards the SEC rolled out the red carpet for big money to enter crypto. ETF approvals are now on autopilot.

[BTFD before everything rips!]
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🚨New ATH in the number of large crypto open interest holders on CME

LOIHs are institutions hedging huge spot positions. CME data confirms institutions have been buying huge amounts of spot crypto since summer.

[Show some conviction and BTFD before whales start pumping their bags!]
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Bull Case
Total stablecoin market cap: $265bn [+10bn in 2 weeks]
🚨 TOTAL STABLECOIN MARKET CAP ATH: $295BN

[+30bn in 2 months, BTFD!]
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Bull Case
🚨WHY WE DIPPED AND WHY YOU SHOULD BTFD (exclusive analysis by @bullcase) Like we noted this weekend, institutions have been hedging their surging altcoin spot positions with shorts in the futures market. When an institution opens a short, someone else takes…
🩸LIQUIDATIONS IN THE LAST 24H PAINT AN INTERESTING PICTURE:

Β·ETH: 50.4% ($133M)
Β·OTHER ALTCOINS: 33.39% ($81M)
Β·BTC: 16.21% ($39M)

This dump is driven almost exclusively by the deleveraging of altcoin longs that took Big Money's short hedges with leverage.

[Buy spot and chill, don't touch leverage. We're going much higher!]
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Bull Case
🚨WRESBAL (the reserve balances of commercial banks held at the Fed) dropped another $21B this week, to $3,160B. WRESBAL outflows will accelerate when the Fed starts cutting rates next week. [$3tn are about to flood markets and go risk on, BTFD!]
🚨QE NOT QE: WRESBAL (the reserve balances of commercial banks held at the Fed) dropped another $71B this week, to $3,002B.

Since August 20, a total $300B has been injected into the market from WRESBAL. ($400B since July 16!)

Stablecoin supply change since July 16: +$40B

10% of whatever leaves WRESBAL seems to spill over into stablecoins. This trend is only going to accelerate as the Fed ramps up rate cuts.

[Don't let leveraged long liquidations shake you out, BTFD before everything moons!]
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ALMOST 1/5 OF WHAT LEAVES WRESBAL ENDS UP IN ALTCOINS (exclusive analysis by @bullcase) With CPI at around 3.1%, the real return on WRESBAL is 1% and the real return on US 2Y Treasuries is less than 0.5%.

Obviously, when real interest rates fall, coming close to 0, gold, crypto, and even stocks become more attractive.

Since mid July, when we saw the first signs of tariff inflation coming to surface, banks have pulled $400B from WRESBAL. During the same time, we have seen a reported $80bn inflow into crypto. Of these, $74.5B has gone into alt coins through ETFs, treasuries, stablecoins and RWAs.

Therefore whether directly or indirectly, 18,6% of whatever banks pull from the Fed ends up in altcoins.

This is a spot bull market driven by cheap liquidity. With inflation trending higher and the Fed projected to cut more, banks will pull even more money out of WRESBAL.

Ignore noise and BTFD because there is no top in sight.
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🚨The advanced sentiment index went from extremely bullish to extremely bearish over the past 2 weeks

[Take advantage of this dip to buy more spot and chill.]
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