Bitcoin Just Got Liquidated...

Added: 2026-06-04

[00:00:00]Welcome back. So, today total blood bath. We haven't seen one of these flush out days in a while. Uh, today is just the continuation of yesterday and things just progressed worse. Now, the thing is, it's just such unusual time right now. You would figure a day like today when you're looking at crypto like this when basically everything is down 6 7 8 9% that everything is down right the entire market is down US market is crashing there's some huge big reason for this the thing is there isn't yes we have leftover stuff like what's going on in Iran the Middle East negotiations still happening, but this is pretty much cryptoreated.

[00:00:59]And let me tell you or let me show you what's going on exactly. All right. Uh this is really what's causing what we're seeing right now. One hour 105 million wrecked. 4 hour 325 million 12hour 1.41 billion 24hour 1.76 and and you know this is just probably a fraction I don't have every exchange um tracked but the fact is we have probably two plus billion liquidated in the last 24 hours. Okay.

[00:01:45]And almost everything is on the long side. And you can see Bitcoin, ETH, Soul, XRP, Hype, others.

[00:01:56]This is what's happening right now.

[00:02:00]Okay, this is what brought us down in a big way today.

[00:02:08]And what's caused all this, right? This is the reason why. Now, was it due to this, right? Was it due to this? I don't know. Maybe a little bit.

[00:02:22]The US market was still green today. Not everything was green, but overall, every industry uh still closed green.

[00:02:31]You know, fake news about how negotiations has stopped, right? So, Trump is saying that that is still ongoing. So, this caused it. No, not really. So if this didn't cause it, what did? Well, you look at it. Money is just being withdrawn right now. In one day, the overall liquidity is down 230 240 million. Okay. 7 day. Last week, 3 billion in terms of stable coins leaving the market. And every day I've been showing you guys how ETFs also have been very very negative. Money is flowing out.

[00:03:16]And it's not due to fear about oil. It's not due to fear about uh the Middle East.

[00:03:25]Is really due to two things. One is Sailor sold some Bitcoin.

[00:03:32]Okay. Now, this is not really the cause, but it it definitely added to the fear because this came out yesterday. And still today, if you scroll, he's been just basically retweeting what other people have been saying. Okay. Um, but he still has not answered why they sold strategy that is sold Bitcoin, right? He's still staying quiet. He's getting hounded. Micro Strategy stock today went down 9%.

[00:04:07]Strategy is taking a beating. So, right now, he's not even talking about strategy. He's talking about Stretch and how Stretch is paying out dividends and it's going to be the best digital credit, right? He's trying to raise money.

[00:04:25]He's trying to raise money to buy more Bitcoin and to pay back debt. But here's the thing. Why do he sell? That's what everyone wants to know and he has an answer. So, this didn't cause what we're seeing, but it's definitely not helping. People want to be reassured. Whether he likes it or not, I think he does, you know, uh he likes to be the face of Bitcoin. He's been leading the way saying never to sell. Sell your kidney if you have to. Never sell Bitcoin. And then this happened, right? So, we're still waiting for an answer, but right now it's not looking all that great for sailor and strategy. Even a CEO didn't come out and make a statement. Okay. But what's really happening is this FOMO. FOMO in AI stocks. AI stocks right now is behaving like alts. Not even alts. They're behaving like meme coins like Marvel.

[00:05:26]Marvel which is a semiconductor company because Jensen Hang of Nvidia said good things about them and made investment in them. They went up 302% today. Okay. And we're seeing that left and right.

[00:05:42]HP had the best day ever. HPE up 19%.

[00:05:49]Dell went up 30% recently. SanDisk and and anything you could think of has been skyrocketing.

[00:05:58]This is the reason why money is flowing out unfortunately. Okay? This is why liquidity is going out, ETFs are going out, and then on top of everything else, it's causing a lot of liquidations. And let's not forget SpaceX. A lot of people are preparing for this. This is coming in a couple weeks. So, a lot of people think that a lot of the liquidity exiting right now is also preparing for SpaceX's IPO. And Elon has hinted maybe he'll merge Tesla within as well. That's just going to cause so much confusion, like so much because SpaceX already merged with XAI, which already merged with X.

[00:06:44]and it's just going to be like one gigantic company that's doing everything. It's kind of weird. So, right now, what we're seeing is greed, greed mode for AI companies. They're seeking billions. They're leapfrogging each other. But man, everyone is FOMOing in. And it's not just the US. Look at that headline. Japan's Nikki hits record high as Asian markets rise amid Middle East. So right now it's not even the Middle East. No one even cares about the Middle East. That's not holding the markets back anymore. It's not oil. It's not inflation. Although those things are not ideal. What is happening is FOMO. FOMO into AI. And there are some that are raising the flags, right? Saying that this is a bubble and it could pop. And I agree with that except I just don't know when it's going to happen. I don't think Nvidia or AMD or any of these companies like Micron or TSM, all these guys, I don't think they're going to collapse, but how they're going up is just bonkers, right?

[00:07:54]Right now, it's like meme crazy bonkers.

[00:07:58]Uh, that didn't even make any sense, but you guys get my point, right? That's what's happening. And you know, you could see it today. Wasn't everything was green, but a lot of things were green. Apple was up, TSM up, Broadcom up, Micron up, AMD up.

[00:08:20]Uh just just just look at it, right? And like Marvel up 32%, IBM, when was the last time someone thought about IBM? Um it's up like there are a lot of ups. And if you look at the 7-day and 30, there's a lot more of that all across the board, right? So, this is what's happening right now. You got to be careful because I do think that bubble's going to pop where after we get this euphoria stage, you're going to have a lot of it come down. But right now, I don't think we're anywhere close to that. I think we actually have a few months to go. Okay?

[00:08:57]But right now is the time to stay strong. Lettuce hands is being cleared.

[00:09:03]The weak is being clear from a market.

[00:09:05]That's for sure. There's no doubt about it. There's no doubt about it. That's why something like this, right? Even though it's not ideal at all, no one wants to see the bags go down, but this helps clear the way, pave the way. Get rid of the lettuce hands. Get rid of the people that are too risky. Get rid of the people that are not helping the space.

[00:09:32]And when that happens, that's when we recover, right? Like right now, you could see there are some green, but not a whole lot. Like today, you see like Zcash, Near Stellar doing well, okay?

[00:09:49]But of course, there's others that's not doing well. And overall, it just it is what it is right now. Okay?

[00:09:58]Uh you got to stay strong.

[00:10:02]We will get through this. We have. We always have. But right now is just one of those flush out periods, the one of those fddish periods. And you know, we fell down to about 66,000 before recovering back up. Let's see if we could hold back or hold above the 68 669. That would be really good. Okay, that's a major support resistance. Let's see if we can get back above there. But right now, guys, right now what's happening is massive FOMO into AI place.

[00:10:36]That's really that's really it. That's really it. So bottom line, we got to wait it out, right? You could take advantage. You could try to get in on some of these hot AI picks or you can DCA. Simply continue to DCA into Bitcoin, into your favorite crypto, into Clash, into things that you believe in and ride it out, right?

[00:11:09]And you could also get into some of these AI plays, take advantage, make some money, get out before the bubble bursts, and then use that to buy your favorite crypto.

[00:11:26]All right, that's pretty much it, guys.

[00:11:28]Not much else for me to say. Stay strong, stay focused. I'll see you guys tomorrow. Same time as usual. Okay, tomorrow will be another day. All right, take care, guys.