Fed might pump rates 1-2 more times in the next 12 months

Inflation isn't budging and oil keeps climbing - rate cut dreams are dead

Markets are repricing everything. Higher for longer isn't a meme anymore, it's the base case

Risk assets getting squeezed. If you're overleveraged in alts or waiting for that magical pivot, you're playing a dangerous game

Macro headwinds = liquidity drain = crypto pain in the short term