Last night, all three major U.S. stock indexes surged, with the Dow Jones leading the S&P and Nasdaq on a wild run. The market is clearly still pricing in rate cut expectations, and the risk-on mode of traditional capital will spill over to our space sooner or later.

The triangle on Bitcoin's daily chart is almost out of room, but interestingly—on-chain data shows that whale addresses are quietly accumulating. This move feels familiar; it was just like this back in December 2020, right before breaking the previous all-time high.

But on the other hand: when the owner of your neighborhood convenience store starts looking into how to open an account and buy crypto, bro, maybe it’s time to think about your position.