Seeing a lot of CT talk about rotating from crypto into stocks lately — and fair enough, stocks are where the real bid is in the past 3 months. But if we get the kind of “risk-on” environment many expect in 2H 2025, I’d bet on flows spillover into crypto. Just like 2020: the equities bull run started first due to post-COVID stimulus + low rates, while crypto lagged for most of the year. But eventually by late 2020, the risk appetite trickled down the curve — into crypto, Pokémon cards, luxury watches etc. Same pattern likely ahead. Memecoins especially will probably go silly again (BTC is the largest memecoin of them all). Some altcoins will probably still lag due to massive VC selloff into every pump, but generally we should see a good overall run. Let's not forget to take profits this time. The crash after the boom is always the most painful. GLHF