#SantaRallyBegins

ABD stock prices are rising, VIX is pulling back.
Markets are pricing in the 2026 growth expectations, not the Santa Claus rally.
This scenario is generally seen as positive for risky assets.
On the crypto side, there is a recovery, but the question is clear:
Is this a jump, or the start of a trend?

📌 What Does the US Market Say?

Indexes up → risk appetite is high

VIX falling → fear is not priced in

Forward expectations → “tomorrow” is being bought

In this environment, big money doesn’t stay in cash, but it also doesn’t rush.

⚠️ Why Is Crypto Still Cautious?

There is a recovery but volume is limited

Movement is mostly macro-driven

It has not yet generated its own internal momentum

So, crypto currently:

“Follows along but does not lead.”

🧠 Jump or Trend?
We determine this from:

Jump → rises quickly, then gives back

Trend → even if it pulls back, the structure remains intact

The critical questions here are:

Can BTC and the total market cap hold previous lows?

Does risk appetite continue after the US?

💼 What Do Big Players Do in the Short Term?
The general strategy is:

Take full risk ❌

Exit completely ❌

Gradual position + wait for pullback ✅

So, the priority is not “not missing out,” but avoiding being caught in the wrong place.

When do you think crypto will take the lead in this cycle?
Once the US market settles, or before that?