| | | Don Kaufman here. | While everyone's calling crypto's Monday morning bloodbath "profit taking," they're missing the real story. | When Bitcoin cracks its weekly expected move in the first 20 minutes of trading, it's not profit taking - it's panic. And that panic is about to bleed into every high-beta name you're holding. | Here's what actually happened - and this is important - BITO had an expected move of 82 cents for the entire week. By market open Monday, it was already down 94 cents. | | | | The options market with billions in volume got completely blindsided. | Now, I'm sick of hearing every narrative slapped onto market moves. "Profit taking in crypto" - how the hell do you know it's profit taking? You think some proprietary trading firm isn't out there buying puts over the weekend? | When they buy puts, dealers have to sell crypto to hedge. But sure, let's call it "profit taking" because it makes you feel better. | Stop wasting brain power on stupid reasons that don't matter. If you're gonna watch CNBC, turn the volume off and use it for the ticker crawl. Those narratives will rot your brain. | Here's what matters: correlation. Once you start listing products on the same platform, they're correlated. Tasty, Robinhood - your funds are commingled between stocks, options, futures, crypto. Same buying power, same accounts. | You know what has a 2.2 beta? Robinhood. | The same people buying crypto are buying HOOD. The same people buying Bitcoin are loading up on Palantir, which was doing 400,000 option contracts today - almost as much as Tesla. This isn't a coincidence. | Think about it. | You're into crypto because you like volatility. You like the action. | What else are you buying? | You're not parking money in utility stocks. | You're buying NVIDIA. Everything with high beta. | And here's the thing - if crypto's down 5%, people get nervous. If it's down 10% - and we hit that level from Friday's highs - there's gonna be panic at the disco. They're not just selling crypto. They're selling everything that moves like crypto. | Look at today's action: crypto getting systematically dismantled, and what's under pressure? Tech stocks. Not financials, not energy - those sectors did nothing at the cash open. It's all tech, all the time, because it's the same money. | When you breach expected moves - especially this early in the week - it tells you the institutional flow models were wrong. | That's not "profit taking." That's algorithmic deleveraging, systematic unwinding, whatever you want to call it. But it's not some guy deciding to take profits. | So here's your action item: if you're holding high-volatility names - NVIDIA before earnings, Palantir, anything with a beta over 1.5 - crypto just gave you your early warning system. | Watch for this pattern: crypto cracks expected moves early in the session, then tech follows within hours. Not because of fundamentals, but because it's the same accounts, same risk appetite, same platforms. | Use crypto as the canary in the coal mine for everything else that moves with institutional vol-seeking money. Because at the end of the day, it's all the same people pushing buttons. | To your success, | Don Kaufman | | | | | | | | | ICYMI | Don's SHOCKING Warning: Why 6450 Could Trigger Market Collapse | Watch Don Kaufman expose the dangerous market illusion after Jackson Hole. Despite the "rally," the S&P is basically UNCHANGED for the week while tech got destroyed (Meta crushed, Microsoft failed). He reveals the ONE critical level (6450) that could send markets plunging 200 points overnight, why VIX at 14-year lows is a "magnificent volatility crush" setting up chaos, and his explosive Nvidia earnings prediction for Wednesday. | Plus: His shocking admission about buying volatility when everyone else is complacent - and why the next 81-point expected move could explode into something much bigger. | ====> Watch Now | Intel BOMBSHELL | Watch Garrett Baldwin expose the shocking government bailout of Intel - and reveal his brilliant strategy to profit from "18th century mercantilism" in real-time. He breaks down the exact options spread that delivers 20% returns with 82% probability while the US government buys at $24. Plus: His stunning revelation about the Fed's secret 3% inflation target, why he's buying his daughter one specific stock every month, and the "closed-end fund scandal" that lets you own Berkshire Hathaway for 80 cents on the dollar. | Don't miss his brutal takedown of market complacency and why September could explode everything. | =====> Watch Now |
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