Selling Slowly: Why I’m Staying Bullish on Crypto and AI Despite the Market Dip

[Note: this is a summary from an Invest Answers video.]

Hey everyone, it’s been a rough week in the markets, but as someone with some skin in the game and a long-term horizon, I’m seeing clear signs that the selling pressure is easing. Today I want to break down what happened, what the data is telling us, and where I’m focusing my own investments — especially for those of you with some spare cash looking for thoughtful entries.

The Ugly: A Sharp Pullback Across the Board

This week we saw a brutal sell-off triggered by news out of South Korea proposing taxes on unrealized capital gains for stocks and real estate. Samsung dropped over 11%, related names got hammered, and the pain spilled over into global tech and crypto. Bitcoin fell around 5%, Ethereum more, and most altcoins bled against BTC.

June has been tough for Bitcoin — down about 15% and hovering near $62,000. We’re in the summer doldrums, and fear is elevated. But here’s what matters more than the headlines: the panic is fading.

The Good: Selling is Slowing — And That’s Bullish

The most important signal right now? Long-term holders (the OGs who have held for 5+ years) have essentially stopped selling. Their selling has dropped to levels last seen in late 2024. Supply is drying up at these prices.

Bitcoin ETF outflows have also slowed dramatically — from $1.4 billion down to around $68 million recently. Ethereum ETF flows are following a similar path. When the buying returns — whether from institutions, retail, or new capital — there simply won’t be as many sellers left to absorb it.

This setup gives me strong conviction for the second half of the year.

Bitcoin: My Core Recommendation Right Now

At current levels around $60,000–$64,000, Bitcoin looks like one of the cleanest risk/reward setups in years. The 200-week moving average is sitting right here, and we’ve held above $60k even after the worst ETF selling in history.

Recommended entry: Accumulate BTC on dips toward $58k–$62k. This is a high-conviction spot for anyone with spare cash. Caveman math says an easy path to $120k+ longer term. The weak hands have been shaken out — strong hands are unfazed.

Solana: The Standout Narrative Play

While Bitcoin is the anchor, Solana is where I’m seeing explosive real-world adoption. Tokenized real-world assets (RWAs) and equity trading volume are exploding on Solana — hitting record levels with billions in transfers. Jupiter, Raydium, and Orca are scaling fast.

We’re also seeing massive growth in agentic payments (AI-to-AI transactions) and stablecoin activity. Solana is competing hard on daily active users and practical utility.

Recommended entry: Solana around current levels (watch for dips) looks compelling for those allocating to high-upside narratives. Fundamentals have rarely been stronger.

AI Stocks and Infrastructure: The Mega Trend

Beyond crypto, the AI impact is the dominant theme. Memory/storage, chips, data centers, and energy plays have been the big winners year-to-date. Bitcoin miners have outperformed despite Bitcoin’s price action because energy is the real bottleneck.

Tesla continues to impress me with its fundamentals — robotaxis, Optimus humanoids, and autonomous tech have enormous scaling potential. We’re talking millions of humanoids in the coming years.

Recommended entries:

• Nvidia and semiconductor leaders on pullbacks (volatile but powerful trend).
• Tesla (TSLA) for long-term believers in autonomy and robotics — current dips offer good accumulation zones for patient investors.
• Select Bitcoin miners for leveraged exposure to BTC recovery + energy/AI infrastructure tailwinds.

Portfolio Strategy for Spare Cash Investors

If you have dry powder and a multi-year horizon, my current thinking is:

• Core Bitcoin position (40-60% of crypto allocation) — buying the current range.
• Solana and select ecosystem plays for growth/narrative upside.
• AI/tech leaders and miners for real-economy leverage.
• Keep some cash for further dips — summer can be volatile.

Patience is key. We’ve seen this movie before: things happen slowly, then suddenly. The supply shock in Bitcoin, the on-chain revolution on Solana, and the unstoppable AI scaling wave are all aligning.

I’m not rushing in blindly, but I’m quietly building positions I’m excited about. Drop a comment if you’re positioning here too — what are you most bullish on right now?

Not financial advice — always do your own research and invest responsibly. Let’s stay patient and focused on the bigger picture.

Until next time,

Jake