Ok
So we’ve got a global rate cutting cycle and global M2 continuing to pump higher
Shut down about to end allowing TGA drawdown to flood the system with cash
Fed about to end balance sheet contraction and shortly followed by, in the words of John Williams “the gradual purchase of assets” and so balance sheet expansion
I.e US liquidity pulse turning higher
US market structure and regulatory framework to come into place
Trump and Bessent pumping markets into the mid terms
Vs
Whales selling taking some profit
4 year cycle “coded”
Bored
I don’t think people are priced in for how quickly this can accelerate. The flywheels are already there: auctioneer sweeps, burnn, and constant supply reduction on an already tiny supply.
Once that feedback loop starts spinning - Valhalla
$GLHFSTR