Buying More SOL, Plus Another Election Trade Idea (Core Strategy Rebalance)

Oct 17, 2024 • 7 Min Read

Small Cap Breakout a Positive Indicator for BTC

It is a common refrain among passive industry observers that BTC is strongly correlated with large-cap tech stocks, leading some to view BTC as a quasi-leveraged version of QQQ. However, we think this perspective is limiting. If you were to rely on QQQ as a barometer for crypto market conditions, you would experience several periods of underperformance over the course of a liquidity cycle.

For instance, in Q2 of this year, when the market was awash with bullish fervor around NVIDIA and AI, tech stocks soared on solid earnings and growth pr...

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