Two macro indicators have consistently appeared before crypto's biggest bull markets:

• ISM Manufacturing above 55

• Russell 2000 breaking to new highs

In 2016, both signals aligned before the first major crypto bull run.

The same pattern returned in 2020, when the total crypto market grew from around **$400 billion** to more than **$2.5 trillion**.

In 2025, this combination never materialized because ISM Manufacturing remained below 50.

Now, the picture has changed.

• ISM Manufacturing has risen to 55.6

• The Russell 2000 has reached a new all-time high

While no indicator guarantees future performance, this is one of the strongest macro combinations seen in previous cycles.

If history rhymes, the coming months could become a very important period for the crypto market.

As always, manage risk, do your own research, and avoid making decisions based solely on historical patterns.