You can’t fake a bull market. Either the fundamentals and technicals line up… or they don’t
Right now, they do and it’s loud
1. Macro
▸ The Fed is finally looking ready to cut rates — September is now the top bet
▸ Inflation has cooled down compared to last year, giving policymakers more room to ease
▸ We’re in the post-halving phase for Bitcoin — historically the most explosive part of the cycle
We all know heaper money and reduced $BTC supply is perfect for a risk-on rally
ETF FLOWS
▸ BTC ETFs back to net inflows
▸ ETH ETFs seeing record demand
▸ In-kind creations/redemptions approved
On-Chain Confidence
▸ ATH in realized market cap
▸ Stablecoin supply at new highs
▸ No blow-off top behavior yet
Market Structure
$ETH is outperforming BTC — ETH/BTC just hit its highest level in months. Alts are warming up, but we’re not at full altseason yet.
THAT IS BULLISH!
I’ve been through enough cycles to know:
The biggest gains come when the market feels strong but not euphoric.
That’s exactly where we are now
Pullbacks?
They’ll come
And when they do, I’ll be BUYING