RARE This line is suitable for today to be approached from the other end of the coin.
Coinbase’s weekly report this week shifted the focus from the central bank to growth and trade. This kind of macro perspective change in itself is a signal of a risk appetite shift. Money moves from defensive assets to growth assets, from the mainstream surface to the direction of alternative assets. There will be a transitional range in between, where liquidity loosens first and then settles.
RARE follows the line of NFT collectibles and digital art. It’s a pure growth-oriented alternative asset, which is often ignored by funds during defensive market phases. But once the macro narrative turns toward growth themes, the probability that funds will sweep into the NFT space rises noticeably.
Let it digest this period on its own. See whether, after Coinbase’s weekly report narrative, the focus on the growth direction can truly be brought back. Also check whether the order book on the RARE side receives the incidental support as well.
Coinbase’s weekly report this week shifted the focus from the central bank to growth and trade. This kind of macro perspective change in itself is a signal of a risk appetite shift. Money moves from defensive assets to growth assets, from the mainstream surface to the direction of alternative assets. There will be a transitional range in between, where liquidity loosens first and then settles.
RARE follows the line of NFT collectibles and digital art. It’s a pure growth-oriented alternative asset, which is often ignored by funds during defensive market phases. But once the macro narrative turns toward growth themes, the probability that funds will sweep into the NFT space rises noticeably.
Let it digest this period on its own. See whether, after Coinbase’s weekly report narrative, the focus on the growth direction can truly be brought back. Also check whether the order book on the RARE side receives the incidental support as well.