Whale Says 「Set 10 Big Goals First」 on Why $58,000 Is the Bottom: Signal Comes from Strategy, Saylor Restarting Bull Trend on Buy-In or 「Drop Cup as Signal」

BlockBeats News, August 25th — The Whale "Sets 10 Major Goals First" released a lengthy article discussing the market situation: Last month, it confirmed that around $58,000 was the bottom of this cycle. There was a signal at that time that many people might not have paid much attention to: Strategy. Looking at this incident from a business operator's perspective would be quite interesting. In the bear market phase, what Strategy really needs to consider is no longer just whether BTC will rise or not, but rather where the bottom actually is. How far is the company from its own lifeline? If another extreme drop were to occur, can the capital structure withstand it? Since there is still room before reaching the true lifeline, actively exposing the risk in advance is much better than waiting until the last day to be forced by the market to resolve it.

Therefore, when Strategy broke the expectation of only buying without selling, and started adjusting its BTC and USD reserves, optimizing its capital structure, at that time, I saw it as a very important signal. I am not implying that Saylor publicly stated that he would test the BTC bottom; Saylor did not. This is just my deduction from the perspective of a decision-maker, but the market eventually provided the answer. The commitment to only buy and not sell was broken, BTC came to $58,000, and subsequently, even with additional bearish news like hardware wallet security that was enough to undermine market confidence, $60,000 was ultimately held. This was a stress test, and this was the basis for my judgment that $58,000 was the bottom, not adding logic to myself after the price rebounded.

So now, I am actually more concerned about one thing: If Strategy resumes continuous buying next, will it be a bull market "cup and handle" pattern? It is certainly not a buy button, but I will definitely consider it a high-weight signal. A person who has truly experienced a stress test, knows where the bottom line of their capital structure is, and is adding real money once again, their actions are at least more worthy of study than the opinions of most in the market.

You may disagree with Saylor. But if you think you are definitely smarter than those who deal with the capital market, financing structure, and positions of several billion dollars every day, then you should first think carefully about where your confidence really comes from. The market does not reward tough talk; in the end, it only respects money.