Adding some perspective of why you can be certain the biggest blow off top in the history of crypto is coming in Q4. Let me explain how to read the current macro situation that took us here.

Crypto never needed rate cuts, YCC or QE to go parabolic in 2026. The liquidity is already out there. Trillions have been printed through QE over the last 2 decades.

Liberation day tariffs simply started a massive concentration of those trillions into metals. Sending gold and silver into the banana zone. Xi's purge in October 2025 gave metals a final push, turning them into a liquidity black hole that sucked money from both stocks and crypto.

Kevin Warsh's pick in January 2026 ended the metal trade and started the rotation into semiconductors because he is a well known proponent of reducing Fed's balance sheet.

Money then started rotating from metals to AI and semiconductors even as the Iran War raged on. The Chinese AI price war ended the AI trade in July which blew up Leopold Aschenbrenner's Situational Awareness fund. That's when the rotation into everything ex AI and crypto started.

In Q4, the big money that has been accumulating crypto will pump their bags hard and will give us the biggest exit pump in history. From there all profits will flow into US Treasuries.

Reminder: a lot of alts are still just 2x from ATLs. Buy here, and sell when the blow off tops come later this year. NFA and always DYODD of course.