Recently, the US stock market has sharply pulled back, but Bitcoin remains completely unmoved? Is the crypto market really bottomed out? Doctor Profit, who shorted at $110,000 last year, has recently closed all shorts and turned bullish. He claims to have released the "Report of the Century." First, let's introduce who Dr. @DrProfitCrypto is 🧵 In June 2026, his publicly shared monthly trading overview showed a total net profit of +800.9%, with the short positions netting +760%. When shorting over 100 altcoins, 83 were profitable, 13 lost, and 4 liquidated, making him famous overnight. 📌 Let's go back to last year's peak In September 2025, when Bitcoin was oscillating high between 115k–125k, he began systematically selling spot and establishing shorts. Every day within this BTC range, he sold 10% of his spot holdings while adding to shorts. Whether BTC was at 116k or 124k that day, he executed with discipline, no hesitation. Afterwards, BTC dropped to around 60k, a decline of over 50%. At the same time, starting April 2026, he shorted over 100 altcoins, each position independently $10k, 1x leverage, isolated margin, with a total exposure of about $1 million. He almost fully captured the entire 9-month crypto market down cycle. What did the Report of the Century say? On July 18, he published this long article claiming it as the Report of the Century, with two core moves: 1⃣️ fully closing all crypto shorts, 2⃣️ simultaneously buying Bitcoin spot at $64,000. The buying strategy continued his usual mechanical discipline: As long as BTC is between 54k–64k, he buys spot daily with 5% of total allocated funds, capped at 20 days. He becomes more aggressive near 54k. This is perfectly symmetrical to the previous selling pace of 10% daily at the top, but slowed to 5% this time to extend the accumulation period. 📌 His bullish logic First layer: sentiment has completely reversed. Last year at 120k BTC, everyone was shouting 150k. Now the entire Twitter is waiting for 40k, 45k, or even 38k. He said: "When everyone is waiting for the same price, the market almost never gives it to you." He himself previously called 40k–50k a deep bear market target. But now this narrative has been copied across the entire network. Six months ago, no one expected it to go this low; today every account is shouting it. He believes when a target becomes consensus, it is actually the least likely to be realized. So he chose to start buying at 64k, preferring to get ahead of the herd rather than queue with everyone waiting for 40k 🤣 Second layer: he doesn't believe the four-year cycle bottom will come on time. Ask anyone now when they plan to bottom-fish, and the answer is almost always September or October, citing the four-year cycle. When everyone operates based on the same calendar, why should the market follow the script? What if the cycle is not exactly four years but three years and nine months? The bottom could come earlier than retail expects. Third layer: structural environment is undergoing a qualitative change. He believes the Bitcoin market now is not the same as six months ago. BlackRock, Vanguard, JPMorgan, Goldman Sachs, and the NYSE are already participating in DTCC's real-time tokenization pilot projects. Microsoft stock, SPY, QQQ, and US Treasuries are being tested as tokenized securities, with official plans to launch in October. Citadel just valued Act at $20 billion, possibly passing the Senate on August 10. His judgment: the biggest capital is already moving, regulatory frameworks are accelerating, while retail is still debating whether the bear market is over. He chooses to follow the big money, not wait for retail confirmation. Finally, Although his crypto positions have fully turned bullish, he retains all shorts on the S&P 500. His logic is that crypto has already completed a re-pricing from 125k to 60k, while US stocks have been hitting new highs in the same period and remain overvalued. He even believes that if the US stock market crashes, it could benefit crypto. Capital would flow from overvalued assets to undervalued ones, especially amid the hot narratives of tokenization and stablecoins. This seems to be somewhat confirmed by recent market performance: US stocks have recently sharply pulled back, while bitcoin:native basically remains unmoved, and their price movements are decoupling.

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