ICYMI NEW POD! @AviFelman @jvb_xyz We Cover: ▬ EOY tax strategies ▬ Jonah’s CryptoPunk trade ▬ Our thoughts on equities & commodities ▬ AI vs Main St. & the horseshoe theory ▬ Crypto valuation & commodity debate Timestamps: 00:00 Intro 00:51 Harvesting Losses & EOY

Looking for a trade? Go long the assets actually generating cash and short the L1s that aren’t @AviFelman

Apple 🎙️: https://t.co/qM80mV4A18 Spotify 🎙️: https://t.co/Tk1V6hQ3Qm YouTube 🎥:

Apple 🎙️: https://t.co/qM80mV4A18 Spotify 🎙️: https://t.co/Tk1V6hQ3Qm YouTube 🎥:

NEW POD! @AviFelman @jvb_xyz We Cover: ▬ EOY tax strategies ▬ Jonah’s CryptoPunk trade ▬ Our thoughts on equities & commodities ▬ AI vs Main St. & the horseshoe theory ▬ Crypto valuation & commodity debate Links below ↓

these are my quants @AviFelman @jvb_xyz

Can Bitcoin Reclaim $100k?

We're going LIVE in 20 mins! @AviFelman @jvb_xyz

Check out the full episode & more below! ↓ ➤ Apple 🎙️: https://t.co/8sjPEYtqug ➤ Spotify 🎙️: https://t.co/eFrP4gf6RZ ➤ YouTube 🎥: https://t.co/sAqKXSD5vD

Key Takeaways ➤ Bitcoin selloff looks exhausted with clean bottoming structure ➤ Fed regime is shifting more dovish and more crypto-friendly ➤ AI is driving a macro bull cycle that’s nowhere near done ➤ Altcoin rotation beginning as liquidity returns ➤ Biggest edge now:

So what actually stops this? ➤ Only risk: AI-driven sector collapses (like shale or dot-com analogs) ➤ But that’s a 2026–27 problem, not a today problem ➤ Until then: liquidity, policy, innovation all point one direction Crashes require catalysts and none are close at the

Ultimately, AI + Liquidity = Why bears keep losing ➤ Governments pouring gasoline on growth ➤ AI labs racing toward AGI with infinite marginal spend ➤ Equity markets structurally supported until late ’26 Hard to be bearish when the fire hose is still on.

We also have the wildcard: ASTER vs. Hyperliquid ➤ ASTER metrics rival HL despite likely inflated volumes ➤ CZ-linked networks may back-channel liquidity + narrative ➤ Could become a levered bet on CEX-style dominance A bet on crime and corruption… is still a bet.

$MSTR is also tempting but dangerous ➤ Trades below NAV even after debt adjustments ➤ But dilution risk looms — Saylor could issue equity ➤ Structural headwinds outweigh a simple “discount” trade Sometimes the obvious bargain (discount to underlying BTC) isn’t the easy trade

So what's the trade? ➤ Solana repeatedly defends key support → explosive reflexivity ➤ Robinhood = secular wealth-transfer trade from boomers to traders ➤ Galaxy bottoms with strong volume and cleaner risk/reward Strong hands are stepping in where it matters.

Meanwhile, AI is still the engine behind markets ➤ Google Gemini begins crushing OpenAI in usability ➤ TPU advantage → AI at scale becomes profitable for Google ➤ If OpenAI stumbles, that value reallocates to public markets The AI trade is far from over.

The macro is also shifting bullish ➤ Trump incentives: no recession before midterms ➤ New leadership pressures Powell from the moment it’s announced ➤ Policy backdrop shifts toward loosening across risk assets Politics is about incentives and incentives point up heading into

We have a Fed bombshell incoming ➤ Trump says he already chose the next Fed Chair ➤ Prediction markets explode in favor of Kevin Hassett ➤ Hassett = openly pro-crypto, Coinbase ties, deregulatory instincts Is a dovish, crypto-friendly Fed priced in?

But December can still be messy ➤ Institutional risk-taking dries up into year-end ➤ Retail + CTAs drive chop until January inflows ➤ Below 90k = buy zone; above 95–100k = patience zone Choppy tape, clear playbook.

Why this bounce matters ↓ ➤ Retest of prior demand zone (92–93k) triggered break-even profit taking ➤ No new lows → clean setup for traders with tight stops ➤ Multi-month structure mirrors past 30% pullback bottoms Structure > sentiment, every time.