1. Equities - at ATHs
2. Inflation - dropping again across the board
3. Rates - dropping
4. Fed - honestly I don't think they properly considered the last CPI numbers, and they didn't have PPI numbers. Watch next month be more dovish
5. US Elections - gonna ramp up after summer

Hello! I am Alexandra. Nice to meet you! ☺️

Barring some exogenous factor it really couldn't be a more bullish tape for risk assets.

Yet crypto is just stuck in the mud, and that's despite a surprise approval of the ETH ETF and Trump support for crypto.

I'm not a chart or TA person so I can't speak to that, but fundamentally it really could not be a more bullish backdrop for crypto rn.

As always, you gotta own the right stuff, vapourware VC alts prob won't cut it, the 69th iteration of dogwifhat prob won't cut it. As always there'll be new stuff that will prop up so have to keep your eyes peeled but I think you can probably identify 5-10 crypto assets that are "chosen ones" for this cycle that still have a lot of juice left in them.

Timeline feels shit atm and when we have this sort of price action it's easy for TA goons to take over with their bearish charts...but just remember most of these guys were posting "bullish charts" at the highs and now posting "bearish charts" at the lows...personally I like to do my trading as buying low and selling high but it's bizarre that it feels like I'm in the minority there and people actively justify the opposite under the delusion of "trying to catch breakouts" lol.

When you take a step back from CT noise and interpret the facts at the top of this post it makes you feel like it's really hard not to be very bullish here.

I do strongly believe people are gonna look back on this time, like they do now when BTC was sub 30k last summer amid a slew of positive headlines, and think, damn it was so obvious, I just had to be patient (and not over-levered).

Kind of reminds me of last summer, when equities started to surge and Blackrock applied for their BTC ETF and BTC just couldn't break past 31k, and we chopped for ages and people got fed up, started posting bearish charts and then in November we just fully broke out and sent.

I think that's what we're in now, IDK who is selling but there is a tonne of leakage from FTX estate and other things that has to swim its way through the market...maybe we go lower first....maybe we have to nuke first...I don't really know, but I find it tough to see that crypto doesn't have another run to new ATHs in the next 6 months within the current landscape.