4️⃣ Liquidity and Outlook
The Global Liquidity Index and the US Dollar Index are trading sideways, hindering the flow of major risk-on funds.
Until liquidity expands, risk assets will remain subdued.
▫️Short-term: Gold dominance = risk aversion
▫️Medium-term: Fed easing = BTC's next wave of gains
▫️Long-term: US debt and depreciating fiat currencies = bullish for Bitcoin and Ethereum 💥