RT Julien Bittel, CFA (@BittelJulien)Ok, let’s get one thing straight…Delinquency rates on credit card loans (or otherwise) are not a leading indicator. The ISM is not a leading indicator. PMIs are not a leading indicator. Heavy truck sales are not a leading indicator. Job openings are not a leading indicator. Consumer confidence is not a leading indicator. Small business confidence is not a leading indicator. Durable goods orders are not a leading indicator. Capital goods orders are not a leading indicator ...

Market Sentiment - Crypto market participants' decisions are influenced by information consumption, including charts, macro trends, and market "vibes" [1] - Crypto builders possess an advantage by observing leading indicators such as impactful product releases, business development, technical advancements, talent acquisition, and startup ecosystem vitality [1] - Despite short-term market volatility, the industry is undervalued due to the influx of talent, regulatory developments, and improving product quality [1] - One perspective suggests a bearish outlook based on specific price formations (SFPs) on XRP, SOL, and ETH weekly charts, coupled with BTC trading below its 2024 all-time high (ATH), indicating an end of momentum [1] Investment Strategy - Accumulating and holding crypto assets without leverage is considered a bullish strategy [1]