Gm lads - Our beloved crypto markets seem to be at a bit of a precipice. Was ruminating on this during my barefoot moon-maxxing walk last night after sunset :) On the one hand we have the Altcoin Season Index... It is extremely elevated right now, which usually signals a good time to sell. At the same time though, the macro picture is looking absolutely exquisite, with rate cuts set to commence and MOVE (bond volatility index) hitting an extremely significant low. (h/t @noahseidman for his focus on this) In addition, Bitcoin has been rangebound for several months. As a result, I am inclined to attribute the Altcoin Season Index to the $ETH and $SOL DAT's that have been pumping those and their associated beta. And I am still quite long. I think its very possible we continue like this for another couple months as the DAT stuff plays out, and from there the larger macro picture will dictate what comes next. Either way though I remain insanely bullish for the next three...
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