Wrote an op-ed in Nasdaq today It's about the future of #Bitcoin yield Quick summary below 👇 nasdaq.com/articles/upgra…

trees dont grow to the sky don't confuse rotating liquidity from a cycle duration trend create a trading plan and stick to it better to take profits and leave something on the table than to roundtrip multiples of your initial position

Whether you were celebrating or grieving this week, there are now undeniable tailwinds for Bitcoin and the broader crypto market. This new piece explores where market cap dominance is heading if this cycle rhymes with prior ones. mirror.xyz/research.kints…

Alt market drawdown relative to prior rolling 365 day periods we spent 4 months last year (july to nov) over 55% below recent highs tbd how long we spend in that zone this time

what comes next, yellow box or green box? red box?

recent drawdown of similar magnitude to drawdowns during feb to oct '24 range

memecoin utility in the degen casino BTC up 2.5% SOL up 3.5% MKR up 7.5% FARTCOIN up 16.4%

liquidation wick incoming

✅ next target $87k $80k first?

where next?

8 NASDAQ drawdowns of larger magnitude than current one since GFC 15 yrs ago

is the decoupling in the room with us now? since Jan 23rd (3 months ago): BTC down 10% NASDAQ down 14% S&P down 11%

BTC.d returns to May 9th level when BTC started this move from $75k. Since then OTHERS moved a similar magnitude as BTC (44% vs 38%). On the lookout for continuation down in BTC.d and OTHERS up if BTC holds at or above this level. Otherwise, Alt strength could be short lived.

Since the last drop in BTC dominance (ending 5/13), Alts have struggled to keep pace as BTC climbed to its highest daily close what's next? 1/ BTC breakout w decreasing dominance 2/ rangebound btc w rising dominance 3/ BTC breakdown w rising dominance 4/ something else?

rangebound BTC, rising dominance, and bleeding Alts since 5/21 (scenario 2) despite pockets of outperformance: HYPE, MKR, JTO, USELESS, most Alts struggling vs BTC next major risk on regime likely triggered by a BTC breakout to $120k+