Bitcoin traders have grown increasingly hostile toward Michael Saylor and Strategy as Bitcoin struggles to regain momentum in late 2025, with fears centered on debt, leverage, and forced selling. However, Santiment argues that this extreme negativity may be a contrarian signal, as similar sentiment spikes have historically appeared near local market bottoms. The firm notes that much of the fear is driven by Strategyâs falling stock price and its aggressive Bitcoin-focused strategy, even though immediate liquidation risks are limited. With Strategy slowing purchases, building cash reserves, and allowing more flexible risk management, Santiment suggests that downside risk may already be largely priced in, meaning even modest positive news could quickly shift market sentiment.
The crypto charts are painting a tense picture for $KERNEL After a recent surge fueled by staking promotions and hype-driven volume, the price has slammed into a heavy resistance zone between $0.070 â $0.072, and the bulls are starting to falter. Across multiple timeframes, technical indicators are flashing warning signs: the RSI has curled downward from neutral levels, signaling the momentum of this corrective bounce is fading fast. The stage is set for a potential bearish continuation, and savvy traders should pay attention.
đŻ The Short Strategy:
Entry: $0.06990 â $0.07000
Market Bias: Bearish Continuation đŽ
Conviction Level: High â driven by the end of staking incentives combined with clear technical resistance.
đ Take Profit (TP) Targets:
TP1: $0.0670 â $0.0650 â aligned with recent support flips
TP2: $0.0630 â $0.0600 â a major psychological floor and critical liquidity pool
đĄ Risk Management:
Stop-Loss: $0.07300
Critical Note: A 4H candle close above $0.073 would invalidate this bearish setup, opening the door for a possible move back to $0.080.
đ Why the Bears Might Take Over:
1. Promotional Fatigue: The recent spike in 24-hour trading volume (+200%) shows localized hype. Once staking promos end, a classic âblow-off topâ scenario emerges â leaving late buyers vulnerable.
2. Macro Resistance: On the daily chart, $KERNEL remains below its 50-day SMA ($0.0809), keeping the long-term trend firmly in bear hands.
3. Liquidity Drain: Bitcoin dominance is hovering around 60%, pulling liquidity away from mid-cap altcoins like KernelDAO. These conditions make them prone to sharp, rapid downward corrections.
â ïž Traderâs Warning:
Manage your position size carefully.
End-of-year holiday liquidity can trigger erratic price wicks, so caution is essential.
đŹ Discussion Point:
Are you preparing to short the âStaking Exit,â or do you believe $KERNEL will defend the $0.070 level heading into 2026? Letâs hear your strategies below! đ
{spot}(KERNELUSDT)
Metaplanet is advancing its plan to hold 210,000 Bitcoin by the end of 2027 after shareholders approved a series of equity-related measures that will help fund further BTC purchases without immediately diluting existing shareholders. The Japanese firm has expanded its ability to issue Class A and Class B shares, introducing features such as floating rates, quarterly dividends, and enhanced buyback and investor protection rights to make the shares more attractive.
Despite growing concerns about a potential crypto winter and the long-term viability of digital asset treasury firms, Japanese companies continue to accumulate Bitcoin. Metaplanet is also opening its Class B shares to overseas institutional investors, signaling a push to broaden its investor base and sustain its Bitcoin-focused treasury strategy.