Evening Edition
Mon, Jul 13, 2026, 8:58 PM
Crypto Twitter remains in a lull with minimal substantive news flow, dominated by trader psychology threads, memes, and scattered market commentary. The few notable signals include continued bear market positioning discourse from CryptoKaleo, Strategy's ongoing MSTR share dilution, and emerging competition in the perp DEX space with Kalshi's growth.
The Story So Far
The bear market positioning narrative continues to evolve from recent editions. CryptoKaleo, who previously declared this 'crypto's easiest bear market ever' and observed sellers justifying Bitcoin exits, now maps out a specific roadmap: chop through summer, wick to high 30s/low 40s in late August/early September for bear market lows, then ATHs in 2027. This builds on his prior 'peak building era' thesis. Meanwhile, the Robinhood chain story that dominated recent editions—where DEX volume briefly flipped Ethereum—has quieted, though inversebrah's poll suggests CT is still tracking adoption. The perp DEX competitive landscape is heating up as a new thread: Kalshi's parabolic DAU growth, which CryptoKaleo compares to early Robinhood, suggests regulated US perp access is gaining traction beyond CT's bubble. Strategy's MSTR dilution also continues, with CryptoKaleo noting they sold another $467M of shares 'printed out of thin air,' undermining their long-touted 'Bitcoin Per Share' metric.
From Your Network
CryptoKaleo maps Bitcoin path to $30-40K bear lows
Prominent trader lays out specific timeline for bear market bottom formation, suggesting late summer capitulation before 2027 ATH recovery.
#Bitcoin / bitcoin:native Chop a bit more into the end of the summer, then wick to the high 30s / low 40s in late August or early September and print the bear market lows. Buy the fear, and run it back to new all time highs in 2027. https://t.co/SwHXrYeGQX
Kalshi perps DAU turns parabolic, rivals Hyperliquid
Regulated US perp platform's user growth accelerates, signaling potential retail adoption wave beyond crypto-native traders.
Kalshi’s perps growth feels a lot like the early days of their prediction markets & Robinhood's rise to making stock trading popular for retail. The DAU curve is turning parabolic and already above Lighter / catching up to Hyperliquid. When you're on CT & see people use perps every day, it's easy to forget the rest of the US just got regulated access. I have a feeling we see this number to grow into the hundreds of thousands by 2027.
Strategy dumps $467M MSTR shares, dilutes BTC exposure
Company continues aggressive equity dilution, undermining its core 'Bitcoin Per Share' value proposition that attracted institutional holders.
Strategy sold another $467M of $MSTR shares that they printed out of thin air last week. They continue to dilute common "Bitcoin Per Share", which was still the primary metric they advertised for years up until the last month. If you're bullish on BTC, just buy Bitcoin. https://t.co/aUpLtL1TaO
Pentosh1 warns against V-reversal expectations
Experienced trader cautions that chop and fakeouts likely ahead, with crypto competing against AI for capital and attention flows.
stop https://t.co/2Jnvf1ryPg
Institutional players active in Solana trenches
Trader notes sophisticated capital deploying in Solana memecoin markets, raising questions about retail edge erosion.
There are much bigger powers than have ever graced retail crypto before active in the Solana trenches this cycle.
Clean SOL structure offers defined risk setup
Technical analysis highlights Solana's chart clarity for traders seeking asymmetric entry points with clear invalidation levels.
sol is a great example of this, look how clean it is however in the future, this becomes a great level to trade off where you can limit downside, and eventually have the upside. capturing the meat of the move. you can apply this to most charts imo https://t.co/vS40uGM5QB