Alts have now entered an accumulation zone.
Alts 30-day volume average has now fallen below the yearly average.
This is a sign that investors are not interested in alts, which is often a good opportunity.
The last 3 times this happened was in Q3 2023, Q3 2024 and Q1 2025.
After each instance, alts went on a big rally.

ETH/BTC has one of the best looking charts right now.
Both RSI and price broke above the downtrend.
And now, it's holding strong above it.
Keep an eye 👀

Options Expiry Alert 🚨
$4.025 billion in BTC and ETH options expire today.
$3.357 billion worth of BTC options with a max pain at $91,000 expire today.
$668 million worth of ETH options with a max pain at $3,050 expire today.
Expect high volatility and big price movements.

Others/BTC is attempting another breakout now.
Liquidity is improving in the economy as:
- Treasury is injecting liquidity
- Fed has stopped liquidity drain
I think we could see some outperformance in alts against BTC.

Treasury has started to inject liquidity into the markets.
First the Fed stepped up, and injected $20B+ into banks.
After that, Treasury bought back $12.5B of its own debt, which is the largest single day buyback.
Not only that, Treasury has started releasing liquidity from TGA balance too, which is even better for risk-on assets.

Crypto MCap still has one leg up left.
And this'll be dominated by alts.
If we consider $126K BTC as top, there'll be a rally in alts before things go down.

US money market fund assets have hit $8T for the first time ever.
And this is a good sign for risk-on assets.
Money-market funds deploy their assets in T-bills and other forms of debt which offer 4%-5% annual debt.
But what if yield goes down?
Well, with Fed rate cut cycle started, this is becoming a reality.
And in this case, investors will look at other options for a better return.
Right now, the biggest asset managers are offering access to crypto, so a good chunk will flow into BTC and alts.
Imagine a 0.5% allocation over the next 12 months; $40B will flow into the crypto markets.

$GOLD has probably one of the best looking charts out there.
Breakout from the bullish pennant and now the retest of breakout trendline.
As beautiful this chart looks, it's also a sign of worry.
Gold showing strength means the market still thinks "worst isn't over".

This is one scenario I'm expecting for $BTC in December.
BOJ rate decision will happen in a week, and BTC could see a rally before that.
If rate hike happens, Bitcoin will see a drop below $80K while RSI will make a higher high.
This'll be a classic bullish divergence which also played out in Q1 2025.

Japan is expected to do a rate hike this month.
Since 2024, BOJ has raised the interest rates thrice.
March 2024: This marked the local top for Bitcoin
July 2024: This dumped Bitcoin below $50K
Jan 2025: This marked the local top for Bitcoin.
Right now, BTC is already down 30%+ from its ATH.
I'm expecting something like the July 2024 scenario, if BOJ cut rates.
Maybe a sharp correction below $80K to capitulate before a relief rally towards $100K.

Alts/BTC tried to end the 4-year downtrend but failed.
But MACD is indicating that momentum is shifting towards alts.
I'll wait for a breakout above the trendline before accumulating some spot plays.

This chart is single-handedly bringing the entire crypto market down.
Japan 10-year bond yield is now at its highest level since 2008.
BOJ is about to do a rate hike at the next meeting, which will make things worse.
Cheap borrowing will be over and people will sell their assets to repay the debt.
Crypto is the most liquid asset, so it's dumping the most.
I think we could soon the impact on other assets too.

Crypto MCap is back above $3T.
➡️ QT ending tomorrow
➡️ Rate cut odds at 86%
➡️ Coinbase premium positive
➡️ Treasury liquidity injection has started
I think Crypto MCap could rally 15%-20% from here before any major pullback.

$ETH ICO whales are waking up now.
A whale who bought 40,000 $ETH in 2015 has moved his entire stash to a new wallet.
He bought all of them for just $13K which is now worth $120 million.
The guy literally went from working at McDonald's to owning a yatch.

Bitcoin dominance is now at the complacency phase.
I think maybe one pump before the next crash is highly likely.

The Bitcoin OG who shorted before Trump tariffs has opened a $ETH short position.
Notional value: $15 million
Leverage: 5x
Liquidation: $5,056