Crypto’s price behaves like a leveraged bet on macroeconomic trends -- interest rates, inflation, & liquidity drive volatility

But in the long term, crypto becomes a leveraged bet on its own fundamentals -- decentralization, censorship resistance, & innovation that traditional systems can't replicate

Short-term noise vs. long-term potential

In the short term, crypto prices may swing based on external factors, but in the long term, the focus shifts to the intrinsic value of decentralization and innovation. Understanding this shift is key for long-term investors in the crypto space.