
The crypto market has exceeded our expectations for most of this year. The most important call was the bottom in February, followed by June and then the summer rally into the midterms just to stimulated investors. Like said this is a "market rally" not a sustainable bull run like most were saying, simply because the environment isn’t ready yet. But it soon will be, essentially if we see a macro-political pivot point where power will be shared. Meanwhile the Fed will begin another round of cuts in 2027, and that would be a late-cycle environment where risk assets can outperform as money will flow. Now that we are ahead of the midterms, we have had both the rally and the correction, which can act as a pivot depending on the result. Basically long story short, it will be neutral to bullish if they share power, or bearish if one party wins everything. Structurally we are at the midterm trend reversal, which was reclaimed in August leaving a big gap behind, and since we are back at that gap is still acting as support above it, but if lost coming from the bearish case in the pivot, then we would plunge into the 670B ish area to print a macro triple bottom, while ETH goes below 2K which is the level I was watching to buy some more. And a quick message for the underprepared, because I’m sure someone is suffering right now, saying "Oh my God why is crypto in a correction?", "Altcoins will never perform again", "We don’t have time", and all that nonsense. Well, hear me out, you don’t have to make a big deal out of it because a correction would have happened whether we liked it or not. If it hadn’t come now it would have come later, and the impact would have been the same. Instead since the market is still providing these beautiful entries on many strong assets why not take advantage of them and DCA some more until the environment is ready so you can make even more?, essentially after the next 3 months or so.

