🚨100 BTC just moved after being dormant for 12 years.

[The rotation into alts continues, show conviction and BTFD or you will be left behind!]

🚨 Bears capitulated yesterday.

This index tracks end-of-day flows, when institutions typically execute large orders (as opposed to retail-driven activity when market opens). Yesterday's close saw heavy bidding, fueling the rally.

[Big money is flooding in, BTFD before everything moons!]

🚨SELL YOUR GOLD FOR BITCOIN HERE 2 (exclusive analysis by @bullcase) The US yield curve has been steepening since yesterday’s FOMC, with long term yields rising faster than short term ones. This creates strong headwinds for gold.

With the $3T parked in WRESBAL growing increasingly restless because of inflation and lower rates, gold now stands as the 2nd largest source of hot liquidity.

Rising yields pressure Big Money to rotate out of gold, since Treasuries, unlike gold, generate risk free yield. If these dynamics intensify they could mark a technical top for gold at the September monthly close.

A technical top will unlock trillions currently tied up in gold, and push that liquidity down the risk curve into crypto, sending everything parabolic. BTFD before it starts!

🚨Canada’s RCMP seizes $56M from TradeOgre, calling the non KYC exchange a hub for criminal funds -sauce

🚨BREAKING: $160B HAS FLOWED OUT OF WRESBAL INTO MARKETS OVER THE PAST 7 DAYS.

WRESBAL (reserve balances of commercial banks held at the Fed) outflows will only accelerate from here now that another rate cutting cycle has officially started.

[Big money is starting to flood markets. Show some conviction and BTFD or you gonna regret it for the rest of your life!]

🚨Goldman: We continue to expect 25bp cuts in October and December, a 50bp cut is possible if the labor market weakens more than we expect.

[We're at the beginning of a new rate cutting cycle, BTFD!]

🚨HOW DO DIFFERENT ASSETS PERFORM WHEN LIQUIDITY RETURNS? EQUITIES VS CRYPTO (exclusive market analysis by @bullcase)

EQUITIES react unevenly:

↳ in 1998, a cut fueled a 21% rally in 100 days;
↳ in 2001, after 9/11, easing lifted stocks only 10.7% before structural weakness resurfaced;
↳ in 2007, cuts came too late, with the S&P down 2.9% ahead of the GFC;
↳ in 2019, stabilization produced a modest 7.8% gain;
↳ in 2024, a surprise cut drove just 6.3% as stocks were already at cycle highs.

The lesson: in stocks timing matters, cuts during crises deliver outsized performance, while late or "maintenance" cuts tend to last less.

CRYPTOCURRENCIES, by contrast, display a more direct correlation with liquidity. Bitcoin has historically been the first responder but this time GENIUS has improved liquidity transmission by turning stablecoins (whose total market cap is approaching $300bn) into immediate conduits of dry powder for altcoins.

ETH and alt coin DATCO (treasury companies) are booming. RWAs are also flying. There is liquidity coming from all sides, and it's not going to stop any time soon.

The MOVE Index just made another low at 71.91, signaling Fed rhetoric will get even more dovish. $300 billion have exited WRESBAL in the last 30 days, but $3 trillion are still parked, the scale of capital rotation ahead.

In short, history shows equities deliver moderate gains in similar "risk management" contexts. But crypto, which is backed by GENIUS and the new institutional plumbing of ETFs & treasury solutions, stands to capture the lion's share of performance as the Fed embarks on a new rate-cutting cycle.

[BTFD before everything moons!]

🚨S&P 500, NASDAQ 100, Dow Jones, and Russell 2000 all hit an ATH yesterday.

[Crypto is about to do in 2 months what they did in the last 20 years, BTFD!]

Bitcoin/Ethereum Spot ETF Flows: 18 September 2025

🟢Bitcoin ETFs: $163.0M net inflows

🟢Ethereum ETFs: $213.1M net inflows

[ETH ETF inflows have resumed, alt season will accelerate. BTFD!]

🚨46% of global crypto users now see crypto as an inflation hedge, up from 29% in Q1 2025 (MEXC survey)

[The guys googling credit card debt, are going to hedge against inflation with memecoins. BTFD before retail storms in!]

🚨The gap between the S&P 500 and the weakening job market has widened significantly since the collapse of Silicon Valley Bank, when Powell still raised rates by 25bps. Today, that gap has reached an ATH.

[This chart is the smoking gun that Powell's higher for longer strategy has been a disaster. BTFD before the Fed becomes ultradovish!]

🚨The number of addresses holding 10K ETH or more has just experienced one of the fastest increases in recent years.

[In Uptober the DATco wealth effect will kick in and money will start flooding other alts. BTFD!]

🚨Moar Early Cycle Signs: The percentage of US states with rising YoY unemployment topped above 80% and is falling fast, suggesting peak labor market stress is behind us.

Historically such tops have marked the start of a new expansionary cycle.

[We'll never see these prices again for a long time, show some conviction and BTFD!]

🚨Altcoin OI spread ATH: $30B surge over BTC, with $2bn added in the last 7 days!

This OI surge is a clear indication that big money keeps rotating into altcoins. When institutions or whales buy alts spot, they hedge with futures pushing up OI.

[Sell BTC for alts before whales pump everything!]

🚨Morgan Stanley Research: Fed Funds currently 100bps behind the market, a spread that's widening.

*The disconnect between weak labor data and Fed caution creates near-term volatility, but supports the bull case if they catch up

Morgan Stanley Research confirming what we noted in our last bull base case update.

Historically, the Fed has no choice but to cut when the 2Y yield keeps dipping under EFFR.

Even if it doesn't cut right away, it cuts more later.

The Fed has been off tune since the SVB collapse. The Sept FOMC presser made it clear Powell finally understands higher for longer has been a disaster.

He will keep cutting.

[BTFD before Powell turns ultra dovish and everything moons!]

🚨The rotation from ETH ETFs into ETH Treasuries has dragged ETH's MVRV back into undervalued territory, after briefly surging past 2 in early September.

ETH is back to being technically undervalued.

[ETH is filling up the tank before the next leg up, BTFD before everything moons with it!]

🚨ETH BUY

[Show some conviction and BTFD before everything moons]

🚨Mike Wilson: ROLLING RECESSION IS OVER (ended with Liberation Day) and the US is now in an early-cycle recovery.

[Wall St catching with early cycle signs. BTFD before everything moons!]

🚨WHY WE DIPPED AND WHY YOU SHOULD BTFD (exclusive analysis by @bullcase)

Like we noted this weekend, institutions have been hedging their surging altcoin spot positions with shorts in the futures market.

When an institution opens a short, someone else takes the long, usually a leveraged trader. Flushes hit the side with more leverage.

Institutions hedging spot positions are 'the strong hands'. The leveraged side is, as expected, the long side. After today's crash the altcoin-BTC OI spread decreased by 20%, down to 23.86bn from 30bn 2 days ago.

Those opening longs with leverage because institutions and whales are accumulating spot will have their stops hunted.

Buy spot, don't touch leverage. That's all you need to do.

🚨Discretionary (independent) investor equity exposure ticked up this week but they are still stuck at neutral with plenty of room to catch up.

Systematic strategy positioning ("Big Money") flipped discretionary investors in summer and has been rising ever since reaching the 92nd percentile today.

Crypto positioning mirrors equities: institutions are leading retail, as seen in ETF and DATCO inflows since summer, despite weak retail participation (low crypto app traffic).

[The pain trade is higher. Much higher. BTFD before institutions start pumping their bags!]