Is this the last chance to buy cheaper?
Nobody thinks this tape goes up forever. After a local overheat the market has to cool off — a lot of metrics are already at highs, and I wrote about that.
The only real question is how long and how deep the cooldown gets.
Macro is not clean: labor is cooling, inflation is rising, Treasury yields are rising, US debt growth is accelerating. Stack that together and it can actually push the Fed to hike next week.
And even if CLARITY passes — and there are still a lot of questions around it — the main risk sits in equities. A hard fund drawdown can drag crypto with it.
So you need a plan for more than one path.
If we do get a proper correction, this might be the last window to buy $BTC lower for anyone who skipped the last one.
What’s your invalidation if it doesn’t cool?
Nobody thinks this tape goes up forever. After a local overheat the market has to cool off — a lot of metrics are already at highs, and I wrote about that.
The only real question is how long and how deep the cooldown gets.
Macro is not clean: labor is cooling, inflation is rising, Treasury yields are rising, US debt growth is accelerating. Stack that together and it can actually push the Fed to hike next week.
And even if CLARITY passes — and there are still a lot of questions around it — the main risk sits in equities. A hard fund drawdown can drag crypto with it.
So you need a plan for more than one path.
If we do get a proper correction, this might be the last window to buy $BTC lower for anyone who skipped the last one.
What’s your invalidation if it doesn’t cool?
