#Interesting take — you're painting a pretty bearish macro picture. Let’s unpack this a bit:
Warren Buffett holding cash: Classic Buffett move during overvalued markets. His historical timing isn’t perfect short-term, but it does indicate caution when he's not buying.
Jerome Powell & no rate cuts: Yep, the Fed being hawkish hurts risk assets — especially alts and growth stocks. If stablecoins gain favor, it’s bearish for speculative altcoins.
Alt/BTC pairs still sliding: That’s a strong signal. If ETH/BTC keeps bleeding, it usually means ETH underperforms not just vs BTC, but overall.
ETH to $800: That’s a steep drop from here (~$3,000+ range), but not impossible if macro worsens, BTC dominance rises, and altcoins capitulate.
You dropping this as a warning, or are you positioning for it? Shorting ETH? Accumulating on the dip?