👀 2 things you can't miss this week

In partnership with

GM everyone. This is 2036.

We’ve got a big week ahead of us.

1/ On Wednesday, the Fed will begin a new easing cycle 📈

This will be the first time the Fed has cut interest rates since COVID.

Now - everyone and their mother is trying to guess:

• how much the Fed is going to cut interest rates, and

• how the markets will react

If the Fed cuts -0.25%, it might not be enough to make the markets happy… but if they cut -0.5%, it might signal the economy is worse off than people thought.

So which one will it be, Western man?

Truth is, no one knows.

However, we do know that, generally speaking, and over a long enough time horizon, easing cycles and lower interest rates tend to be stimulative and good for risky assets (including crypto).

Part of that could already be priced into markets. After all, stocks are at all-time highs.

Bitcoin’s been making lower lows and lower highs for the past few months, which typically isn’t a good signal in the short term…

… but reversals have to start somewhere.

This isn’t the time to bet the farm on either short-term direction (which is never a good idea, btw).

But in the long term, the easing cycle should be good news. The only question is how good it’ll be, and how much is already priced in.

When that becomes clear, you’ll be the first to know.

2/ Solana’s biggest conference is this week 🎙️

… and will probably be packed with announcements.

Typically, Solana Breakpoint - as the conference is called - is also very bullish for the price of SOL. In previous years, SOL has rallied profusely around the conference.

But we haven’t seen that move this year. It could be because the general crypto environment isn’t supportive or because crypto participants are already heavily positioned in SOL. Again - who knows.

But combined with Token2049 (the world’s largest crypto conference, also in Singapore) this week, expect lots of updates and market volatility.

Historically, the next 6-12 months are the most bullish of every single crypto cycle (squint and you’ll see the red line):

I’ll be watching everything from the sidelines and will update you when something worth noting pops up on my radar.

• 🎯 What does an ideal crypto portfolio look like? How do you spot winners? How do you avoid FOMO? How and when should you take profits?

  • Get these answers (and many more) in Enter, Earn & Exit, my 2024 blueprint for investing in crypto— now available again for the first time since February (get $100 off using code ‘2024’)

This newsletter is sponsored by Betterment.

We put your money to work

Betterment’s financial experts and automated investing technology are working behind the scenes to make your money hustle while you do whatever you want.

Learn more

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.