JPMorgan just called the US economy strong.

Translation for degens:

• Risk-on mode stays active

• Fed pivot getting pushed further out

• Dollar strength = alt season delay

• Equities pump = crypto correlation risk

Strong economy = higher for longer rates = liquidity squeeze for speculative assets.

If you're long alts, watch DXY and 10Y yields. Macro is still the boss in this market.

Adapt or get rekt. 📉