altcrypto

#Altcrypto i mean,
- Russell 2000 Index is hitting new highs
- Gold and Silver are rallying
- US has cancelled Greenland linked tariffs
- US Inflation Index is dropping
- FED balance sheet is ticking up again
- BOJ is indicating intervention to bring down yields
- Trump is hinting towards tariffs dividend again and again
- Crypto market structure bill is moving forward
on paper, this should be perfect conditions. yet crypto keeps underperforming.
and the reason isn’t hard to see.
imo October 10 did real damage. liquidations, complete wipeouts of portfolio of many and broke the confidence.
and most retail didn’t rotate within crypto.
they either exited completely or limited exposure to BTC and ETH.
capital moved to stocks and precious metals because those assets still have a clear NGU story.
on top of that:
- memecoin rugs destroyed trust
- holding culture is gone
- there’s nothing genuinely exciting pulling new money in
because of all this, there’s no strong bid. just weak participation.
the only real path forward i see is this: at some point, gold and silver will top.
when that happens, capital will look for the next undervalued asset class.
and structurally, crypto is still sitting there cheap, hated, and ignored. @Walrus 🦭/acc #walrus
hope it comes sooooner.$WAL