📈Ithaca Protocol Market Update
► Broad retail ( in equities ) in pain; leveraged MSTR, Palantir and now NVDA show extent of carnage ( their crypto younger brothers can give some cope advice )
► PCE to provide some reprieve; institutions closer to ‘ buyers’ strike ’ than capitulation, unlike retail, according to GS
► Broad market misinterpreting bitcoin weakness as ‘ retail pain ’, nowhere close to it, having performed well enough, it acts as allocator ATM in overall weakness; Microstratecy weakness yes, but this is just silly premium compression
► GS meme basket ( the real market ones, not pump.fun ), ‘ one of its worse 5 days on record ’
► TSLA -40% off the highs, Mag7 in correction territory
► You don’t sell here, you should have done so earlier, buy calls with light delta
► Consensys / Metamask SEC case dismissed, memecoins not securities, yes, there are good news daily somewhere 0 reply
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