In December, the 365-day low (NL) indicator for the global top 200 cryptocurrency index hit an extreme—a level previously only seen twice before, in Q1 2019 and Q3 2022. In my latest @RealVision report, I analyzed the convergence of market breadth, technical indicators, and global liquidity signals, all of which strongly suggest a rebound. Given the significance of the November/December lows for key crypto assets, and their proximity, the current risk-reward ratio appears quite attractive.