Bits + Bips: Crypto Had Its Reset. Will It Go to New Highs Now? - Ep. 924

Bullish:

• $BANKS - Banks expected to beat earnings with healthy consumer credit and spending metrics

  • “The big banks report like JPMorgan, Bank of America, prediction, they're going to beat their numbers again. Consumer credit will be healthy and fine. Consumer spending will be going up year over year.”

    Ram·57:34
• $BTC - Bitcoin lows are in after massive liquidation event, presenting a great buying opportunity

  • “Liquidations are generally bullish, by the way, they're generally bullish. This is a massive, massive liquidation. I think the lows are in very simple terms.”

    Ram·56:27
• $HYPE - Hyperliquid emerged as a winner from the crisis, passing stress test and earning significant fees

  • “I think they're a winner. I mean, Hyperliquid, yeah, what you're saying is like they made money. Unfortunately, they made money through this high volume of transaction activity.”

    Ram·48:10

Bearish:

• $ALTCOINS - Altcoins face long recovery after 80-90% crash, with small projects and traders severely damaged

  • “I still feel like it's a big hit on all the small retail traders, even some liquid funds, especially for altcoins and builders. It will take a long time to recover because, as you can see, right, this heavy sort of 80% or 90% down for most of the altcoins.”

    YQ·1:02:18