The World Liberty Bid, ETH Momentum, and MSTR's Nasdaq 100 Prospects
Dec 12, 2024
• 5
Min Read
Author
AVAX
2.68%
BNB
3.72%
BONK
4.55%
BTC
2.13%
CORE
N/A%
ETH
2.15%
HNT
6.45%
JTO
-0.47%
MKR
5.47%
OP
7.75%
RAY
-6.65%
SOL
1.97%
STX
N/A%
XRP
0.61%
BITW
-3.3%
BTBT
+6.8%
CLSK
+9.88%
COIN
+3.68%
CORZ
+0.17%
HIVE
+3.62%
HOOD
+8.23%
HUT
+15.21%
IREN
-0.72%
MARA
+8.07%
MSTR
+2.33%
RIOT
+6.57%
SMLR
+5.3%
WULF
+8%
Core Strategy
Our base case assumes that the macro environment will remain accommodative for crypto through year-end. However, in light of recent market action, we remain alert for signs of a local top (not a cycle top). That said, it is difficult to justify a risk-averse stance at this stage and think it is right to lean into this altcoin rally.