💬 Co-founders Glassnode and Swissblock disagree with the bears (like "Dr Profit"), claiming that markets will first go up before a correction:

🔖 Bullish arguments:

- RRP fell from $2.2T → $8B, but this is not a liquidity leak - money has moved into T-Bills and the banking system (liquidity has increased, not decreased).

- Bank reserves $3.3T, repo market is stable, no funding stress like in 2019.

- Bank losses have decreased from $483B (Q4 2024) to $397B (Q2 2025), CET1 ratios are solid.

- Retail is active, but this is only 12-13% of volume (vs 35% in 2021) - the driver is hedge funds and institutions.

- BTC growth through ETF (BlackRock/Fidelity) + accumulation of large wallets, not a Reddit mania.

- DXY ~105 (stable), strong dollar ≠ bear market for risk assets.

- MMF $7T are not locked - if risk is desired, investors withdraw and enter stocks/crypto.

- Global liquidity is expanding (ex-US) and real yields are also rising.

📌Conclusion: Liquidity is rotating, not disappearing, institutions are buying, a correction will happen, but after new growth - right now is a distribution phase, and then up.

#CoFounder #MarketUptober #BTCBreaksATH #Write2Earn #BinanceSquareFamily