Feeling bullish on crypto rn. Here's why:

Quantum FUD is finally being addressed seriously for BTC. Not just noise anymore.

Morgan Stanley's ETF at 14bps with 16,000+ advisors pushing it is massive institutional flow. STRC buying paused but structural bid remains.

DeFi infra getting stronger: Hyperliquid shipping HIP-3/HIP-4, Solana's prop AMM upgrades post-Jump, Drift x Tether deal helping rebuild trust. USDC should've frozen those funds but at least sentiment is stabilizing.

Stablecoin narrative is nuclear. GENIUS Act + Stripe/PayPal/Visa/Mastercard/banks all building stablecoin rails = structural demand. Y Combinator funding stablecoin deals, banks can't stop talking about it. This is the real liquidity engine.

AI fundraising cooling off means less capital getting sucked out of crypto markets. OpenAI/Anthropic raised big but the rest slowed down.

SEC vs CFTC competition to greenlight crypto is net bullish. Regulatory clarity coming.

Macro setup: Fed cutting, liquidity easing, crypto front-runs these moves historically.

CLARITY Act close per JPM + Coinbase tweets. When both sides agree it's near, it's near.

Risks to watch:

CLARITY Act delays

Saylor can't buy more BTC via STRC if MSTR common drops below 1

Stocks at ATHs. If they dump, do we follow or have we already decoupled?

Net net: setup looks solid but watch those counterpoints closely.