Jonah Van Bourg - Buzzberg

Date	Ticker	Direction	Thesis	Source
Feb 17, 2026	MEMECOINS	SHORT	"In these violent bare markets, you get squeezes. If you're just sitting there ready to with the hammer in your hand, ready to play some whack-a-ole... you can whack some moles." The meme coin supercycle is over, and these assets are in a secular downtrend. However, they experience violent dead-cat bounces. These bounces are not recovery signals but liquidity exit opportunities for short sellers. Short meme coins specifically during 15-20% relief rallies. "Animal spirits" return unexpectedly, causing a short squeeze before the asset goes to zero.	1000x Podcast AI Capex Meets SaaS Apocalypse, 18-Month Bear...
Feb 17, 2026	BTC	LONG	"My take is that there is value at like 60 to 64k per BTC and that's where I would look at accumulating longterm." Despite the lack of a current bullish narrative (Gold decoupling, liquidity pause), price action suggests deep value support in the low 60k region. The "Quantum FUD" is a non-issue fundamentally, as the chain would simply fork to a quantum-resistant version. Accumulate Bitcoin in the $60k-$64k zone; aggressive buy at $52k. Global liquidity crunch or a breakdown of the "digital gold" narrative.	1000x Podcast AI Capex Meets SaaS Apocalypse, 18-Month Bear...
Feb 17, 2026	SUI /MONAD /ZRO /APT	AVOID	"Why bet on some random crypto project... why bet on Layer Zero or Monad... or Sei or Sui or Aptos when you can gamble on [Prediction Markets]?" Retail liquidity is shifting away from "Tech" coins (L1s/Interop) toward pure gambling (Prediction Markets). Without the "casino" aspect of community pumps, these high-valuation infrastructure plays have no buyer of last resort. Avoid generic L1s and "Zombie Chains" as attention shifts to gambling/prediction markets. A specific app breakout on one of these chains attracts liquidity back.	1000x Podcast Bitcoin Is Either Going To Zero Or A Million...
Feb 17, 2026	MEMECOINS	SHORT	"Whiff... traded from 25 cents up to 50 cents and now it's trading 23 cents. Like in these violent bear markets, you get squeezes." In a bear market, "garbage" assets (memecoins) trend to zero but have violent dead-cat bounces. These bounces provide liquidity to enter short positions. Short Memecoins (specifically WIF mentioned) into strength/squeezes. "Animal spirits" return suddenly, causing a short squeeze (memecoins can 10x irrationality).	1000x Podcast Bitcoin Is Either Going To Zero Or A Million...
Feb 12, 2026	HARD ASSETS /PRIVATE MARKETS	LONG	Jonah advises to "borrow money, buy stuff" and notes that "Private investments... construction companies... physical security" are where the 50-100x returns are. Public markets are efficient, but the physical reality of AI (building warehouses, securing servers, retrofitting real estate) offers massive arbitrage in the private sector. Inflation/Yield Curve Control is coming, making debt cheap relative to hard asset appreciation. Leverage up to buy hard assets (Real Estate) or start/invest in service businesses supporting the AI supply chain (security, construction). Over-leverage in a "higher for longer" rate environment.	1000x Podcast What Does AI Mean For Your Future?...
Feb 12, 2026	CONSTRUCTION /INDUSTRIALS /ENERGY	LONG	Jonah argues against buying raw commodities (like Nat Gas) due to supply gluts, stating one should focus on the "manufactured commodity" or the "machine." Data centers don't need raw gas; they need electricity (the manufactured commodity) and physical structures. The alpha is not in the fuel (which is abundant), but in the conversion (Utilities) and the build-out (Construction/Industrials) of the data centers themselves. Long the "Pick and Shovel" plays of the AI build-out (Utilities, Grid, Construction). High interest rates slowing down physical construction projects.	1000x Podcast What Does AI Mean For Your Future?...
Feb 12, 2026	BTC	LONG	Jonah states, "I think the lows are in... when we wicked down to... 60k I think that was it." The market is flushing out "useless" crypto assets (the Dot Com bust phase), but Bitcoin remains the premier "hard asset." The current chop is a transfer of value from impatient retail to institutions. The regulatory backdrop is constructive, and the "washout" creates a clean base for the next leg up. Accumulate at 60k-65k levels. A "real financial crisis" (Lehman style) contagion event that forces a deeper liquidation of all assets.	1000x Podcast What Does AI Mean For Your Future?...
Feb 03, 2026	HYPE	LONG	Hyperliquid is trading ~$31 (up 50% recently) while the rest of the market nukes. Volumes on the exchange are hitting billions, rivaling traditional finance venues. "Usage is King." In a bear/choppy market, revenue-generating infrastructure outperforms speculative assets. Hyperliquid is capturing market share from both crypto (CEXs) and TradFi (commodities/stocks on-chain). Jonah explicitly mentions selling "out of the money" Bitcoin tax lots to rotate into HYPE. High conviction Long. It is viewed as the "Google/Coinbase" of this cycle—a product with genuine product-market fit regardless of asset prices. Regulatory intervention (though mitigated if Trump administration is lenient) or competition from other DEXs.	1000x Podcast Is BTC A Buy, Metals Crash, Hyperliquid RWAs,...
Feb 03, 2026	SILVER /GOLD	AVOID	Gold fell ~22% in weeks; Silver crashed harder. Volatility has exploded. Second-Order Thinking regarding CTAs (Commodity Trading Advisors). CTAs target specific volatility levels. When Gold was slow/steady, they sized up massively. Now that volatility has spiked, their risk models force them to sell to reduce variance. Jonah estimates they are only "25% of the way" through their forced selling. Do not catch the falling knife. The "unwind" will take weeks as quants systematically reduce exposure. Central banks could step in aggressively to buy the dip earlier than expected.	1000x Podcast Is BTC A Buy, Metals Crash, Hyperliquid RWAs,...
Feb 03, 2026	URA /REMX	LONG	Uranium (URA) is at $53 and Rare Earths (REMX) at $85. These assets plummeted alongside Gold and Silver during the recent crash. This is a "correlation failure." Retail and algos treated these assets as high-beta plays on Gold. When Gold crashed, these were sold indiscriminately. However, their fundamentals (nuclear energy ramp-up) are uncorrelated to Gold's monetary premium. The sell-off is technical, not fundamental. Buy the "unfairly dragged around" assets. The "Mega Trend" (nuclear/critical minerals) timeline exceeds the short-term volatility of the metals crash. Continued broad market "risk-off" flows could suppress all commodities regardless of fundamentals.	1000x Podcast Is BTC A Buy, Metals Crash, Hyperliquid RWAs,...
Feb 02, 2026	GOLD /SILVER	AVOID	Gold fell 22% rapidly; Silver "nuked." Prices have crossed below the 50-day and likely 100-day moving averages. Volatility has spiked to historic highs. CTAs (systematic funds) manage risk via volatility targeting. When volatility spikes, they must reduce position size to keep variance constant. Additionally, crossing moving averages triggers sell signals. Jonah estimates CTAs are only 25% through their required selling. Do not catch the falling knife. The systematic unwind will take weeks/months, not days. Central banks (sovereign buyers) could step in earlier than expected to arrest the price drop.	1000x Podcast Metals Crash & Bitcoin Breaks $80k...
Feb 02, 2026	HYPE	LONG	Hyperliquid volumes are trending up significantly, trading billions in real-world assets (Silver/Gold) and crypto. The token is up 50% recently despite the market crash. In crypto, "usage is king." Hyperliquid is capturing market share from traditional exchanges (like Nasdaq) and crypto competitors because it is a superior product with no supply overhang. It is transitioning from a "crypto play" to a revenue-generating financial infrastructure play. High conviction Long. Jonah suggests selling underwater Bitcoin positions to harvest tax losses and rotating that capital into HYPE. Regulatory intervention (though Trump administration perceived as favorable); competition from other decentralized exchanges.	1000x Podcast Metals Crash & Bitcoin Breaks $80k...
Feb 02, 2026	URA /REMX	LONG	Uranium (URA ETF at $53) and Rare Earths (REMX at $85) have sold off aggressively alongside Gold and Silver. This is a correlation dislocation. Retail and algos sold "all metals" blindly. However, Uranium and Rare Earths are driven by a "mega trend" (nuclear energy ramp-up) and are not monetary assets like Gold. The sell-off is a liquidity event, not a fundamental one. Buy the dip. These assets were "unfairly dragged around" and offer a better entry than the crowded precious metals trade. Continued broad market risk-off sentiment could suppress all commodities regardless of fundamentals.	1000x Podcast Metals Crash & Bitcoin Breaks $80k...

Jonah Van Bourg — Head of Trading, Cumberland (13 trade ideas)