Geopolitical Strategy - The report indicates Vladimir Putin aims to compel Ukraine to relinquish its strategically vital "fortress belt" [1] - The report suggests that for many Ukrainians, surrendering this area without resistance would be equivalent to capitulation [1]

European leaders rush to US to help Ukraine avoid 'capitulation' https://t.co/p9AW37VUhN ...

Market Trend Prediction - The market hasn't reached a true capitulation event yet [1] - Altcoins could potentially decline by another 50%-80% [2] Bitcoin Price Targets - Bitcoin (BTC) falling below 100 thousand dollars could lead to a price range of 92-93 thousand dollars [3] - A drop below 92-93 thousand dollars for Bitcoin (BTC) might result in a potential bottom at 60-70 thousand dollars [3] Investment Strategy - The firm has been net short, primarily on altcoins, since late May and is increasing its short positions [2]

Market Trend - The market anticipates potential rate cuts and pro-crypto regulation, suggesting a possible sustained uptrend for altcoins [1] - The industry does not expect the uptrend to mirror the 2020-21 cycle, but significant gains are still anticipated [1] Market Cycle Analysis - The market has observed a consolidation period of 15-16 months [2] - A capitulation event occurred during the March crash [2] - An expansion phase followed, resulting in an 8-9 month pump [2] - The market is currently consolidating for 16-17 months [2] - The April crash is considered the final capitulation [2]