The necks of mining companies have long been strangled by Wall Street's hedging contracts. The current pricing power has nothing to do with the miners anymore. Look, Bitcoin is rising, but the stocks of mining companies are actually falling. Let's understand how traditional finance plays hedging. There is currently a $2 billion ghost selling pressure hidden in the market. The one who takes over and cleans up this mess is the Wall Street giant Citadel. Citadel is the most ruthless top-tier market maker on Wall Street, an absolute veteran giant that makes money by monopolizing trading volume, controlling the market, and managing liquidity. Mining companies, to cash out and hedge, have long stuffed their equity and derivatives into Wall Street financial instruments. People buy mining company stocks not to speculate on crypto, but because they value the power resources held by mining companies, betting that AI data centers will compete for them in the future. As a result, this fund played too aggressively, using four times leverage to bet on chips and withdrew all hedging protections. What happened next? When the chip market turned, it immediately liquidated, and there was no choice but to package and sell the entire position at a discount to Citadel. Nearly $2 billion worth of mining company stocks were thus sold off involuntarily, becoming innocent scapegoats. This is the reason why the stocks fell. Actually, if you are doing short-term trading, you are not gambling against miners or mining companies. In Wall Street dark pools and OTC markets, with tens of billions in book risk, they can crush you on the floor. Ordinary investors cannot see or understand this at all. Bitcoin's ledger indeed has no neck to be strangled, But these highly

Can even the world's richest person be strangled? For example, by regulatory authorities or court freezing orders. Recently, a phrase Elon Musk said before went viral again: Bitcoin has no neck to choke. Bitcoin has no CEO, no headquarters, no customer service hotline. Want to find someone to threaten or bribe to change the ledger? You can't find anyone, which might also be one reason why Satoshi Nakamoto disappeared. The bank transfers and card payments we use daily rely on old and slow underlying infrastructure, but people still use them because they are accustomed to it. Bitcoin transfers are slow and fees are high; it has no advantage in transaction efficiency at all. When Satoshi designed it, it was not based on transactions. As I said before, for payments, ETH is more suitable. The real value of Bitcoin lies in being an information distribution system that cannot be coerced by anyone. Whether it's Visa or the U.S. government, everyone plays under the same rules. No authority or department can say, "I'm unhappy, so I will erase your balance." When Musk said this, it was based on the ultimate security feeling that no one can forcibly pull the plug on me when order breaks down. Especially now, with economic disorder, geopolitical disorder, and technological disorder, in this world where soft targets are always being squeezed, an asset that cannot be strangled is its greatest underlying logic. We are fortunate to step into the eve of this great disorder and see how Bitcoin's advantages will manifest. Also, decentralization is not a get-out-of-jail-free card, because your physical body is the biggest obstacle to decentralization.

Truly a talent. Someone actually shouted a slogan saying to only buy and not sell on August 21. They designated today as Bitcoin Infinity Day #BitcoinInfinityDay, and the narrative is quite imaginative, you see, turning the 8 sideways is the infinity symbol, 21 corresponds to the 21 million total supply, the story is packaged very nicely. The problem is that not selling for one day won't change the huge global spot trading volume and market. In the crypto world, faith is never free. The real scarcity is understanding the supply cap in the long term, closely watching the real chip movements of the whales, and holding firmly. Those who can turn mathematical rules into religious-like relentless execution are the real players who take home big money after every chip washout. Look at the wallet, is there a big Bitcoin? What was the cost? How much longer can they hold on?

Each side insists they are right. WLFI says Brother Sun is talking nonsense, while Brother Sun claims he has achieved a key victory in the public trial. The court's written judgment has not been made public yet; currently, all narratives are from both sides externally, successfully diverting everyone's attention. In the crypto world, don't believe in any decentralization slogans nowadays. The rules are set by whoever holds the chips; whoever holds the chips controls the initiative. This case shows that even so-called big shots, who enter the circle and get advisor titles, do not necessarily have real rights to profit distribution. Because your opponent is Trump, haha. This is not a dispute over legal justice; it is a carefully designed liquidity and public opinion game. Both sides are using the media and X to announce their own victories, aiming to force the other party back to the negotiating table. In the crypto world, the court is just an extended trading pair; whoever has more chips and can endure longer is the final dealer.

Most people have pseudo-knowledge in their minds, just stubbornly unaware that it's wrong. Don't believe it? For example, how to play with small capital? Diversified investment is for survival, is that how you understand it? Do you think that 5% interest can change your fate? No luck. Hahaha. So what should you do? First secure the initial 100,000, then small capital has two choices: 1. Use principal you can afford to lose, decide the amount yourself, to gamble for 10x or even 100x gains, worst case is total loss. Many big players in the crypto world do this, including that Sun. But most people don't have the chance or courage to do so. 2. Many new tracks and small pools, big players can't get in due to volume, this is the opportunity. This relies on information asymmetry and super strong execution to capture these small profits, provided you spend time watching, learning, and building connections, accumulating on your own. Finally, about buying Bitcoin, you should at least save enough to own one, the minimum standard, even if it means buying one less phone or one less piece of clothing, you must stock up. Don't listen to KOLs and media babbling nonsense. Just focus on who holds the chips, who sets the rules, watch what the whales do, follow their moves, and execute relentlessly. Those who make big money have all experienced big ups and downs, multiple times, and share a common trait: when they had no money, they had strong gambling instincts and ruthlessness. This process will be very difficult because you will doubt, panic, and compromise. But "difficulty" is precisely the good way to make money.

Bitcoin surged to 75,000, and KOLs started shouting that the bull market is here, while retail investors began to get hyped. Jim Cramer desperately urged viewers to buy Bitcoin on his show, but he himself sold off all his BTC. Wall Street has been playing this same act for decades without change. When the media pushes retail investors' emotions to the peak, that's often when big players quietly rotate their positions, shake out weak hands, and escape. In the market, you need to look against the grain not only at indicators but also at the flow of funds behind the news. Seeing the drama queens come out to perform again, we have to ask ourselves: who exactly is waiting for you to take the bag?

It's not surprising that Tether wants to go public on the US stock market via a reverse merger. Since it can't get listed itself due to regulatory and audit issues, it bought NovaBay, renamed it, and simultaneously acquired and pledged USDS. This move not only secured a pass to the NYSE but also opened traditional financial credit channels. The deeper reason is to seek security. After all, USDT is centralized and can be regulated at any time. Holding over 9% control of USDS is like installing a hidden “shadow vault” for itself in the decentralized arena. After making enough money, what giants care about most is still security. The words "decentralized" can really be life-saving in critical moments. Have you properly protected your own assets?

Brother Sun forcibly kept the lawsuit with WLFI in the federal public court, the public litigation mechanism is still quite different from private arbitration. This means that all subsequent internal documents, code logic, and even governance decisions may have to be exposed in public. Bringing the case to the federal court for public trial is equivalent to obtaining a compliant pass to subpoena evidence. So where does the confidence for this counterattack come from? Honestly, I still haven't figured out why Sun insists on clashing with the Trump family. My guesses: 1. Either he has taken the side of Trump's main opponent 2. Or he is using the lawsuit to continue marketing, losing the lawsuit but indirectly gaining benefits, achieving three goals at once 3. Someone domestically supports him, using his hard stance as a bargaining chip for something? Brother Sun bringing the lawsuit to the federal court for public trial is definitely not a rash decision; there must be calculations of interests, political alignment, or marketing considerations behind it.

Have you ever thought that attracting wealth works on the same principle as buying a lottery ticket? It equally requires you to first break through the collective consciousness limitations within your heart. Since childhood, we've been indoctrinated with an idea: Getting rich isn’t that easy, Stop dreaming, honest work is the right path. The lottery is a scam, it’s already controlled. So you’ll find that only a very, very few people dare to believe they deserve more wealth, and in the end, they truly seize the opportunity. This is called: Preparation before wealth arrives, letting wealth actively come closer to you. What limits your wealth is not the lack of opportunity, But that deep down you feel this good fortune isn’t meant for you.

HYPE was named by Trump, and the coin price surged 14% in just two hours. Don't forget, he previously endorsed 8 coins that on average dropped 60%. But this time it's a bit different, with the CFTC regulatory agency following up to promote compliance implementation. However, verbal statements do not equal formal approval. Whether the regulatory process can be implemented depends on the results of subsequent meetings. Trump and the CFTC are trying to define a compliance path for Hyperliquid, which is actually a pipeline to bring DEX derivatives and real protocol revenues into the US capital market. Because HYPE is simply too impressive and too profitable. Americans cannot afford to miss it. Of course, this also shows that the capital struggle behind it is extremely brutal. Next up is the traditional altcoin model being cleared out, with compliant derivatives becoming the new hunting ground for capital. Don't touch altcoins! Don't touch altcoins!