According to @BullTheoryio, the Russell 2000 ETF IWM just posted its highest monthly close and is testing 2025 range highs, a pattern the author links to rising US liquidity and stronger risk appetite that historically precede altcoin rallies, source: @BullTheoryio. The author states IWM has broken or retested major horizontal levels from 2015, 2018, and 2021, and in each instance BTC advanced first with altcoins following after a lag, which the author notes mirrors the present setup where IWM is at highs while BTC and alts remain below prior peaks, source: @BullTheoryio. The author adds that a multi-year bear market in BTC has not historically begun while IWM was making new highs, framing the current drawdown as mid-cycle rather than cycle end, source: @BullTheoryio. On BTC structure, the author asserts the higher timeframe uptrend from the 2022 lows remains intact despite some daily EMA breaks, with BTC attempting to re-couple with equities and broader risk assets, source: @BullTheoryio. On macro, the author cites that the Fed is already in a rate-cut cycle, some large banks expect QE-like actions by early 2026, and proposed fiscal policies such as income tax removal and tariff-based dividends could add liquidity, which together support an extended cycle into 2025-2026 rather than a new bear, source: @BullTheoryio.

According to @rovercrc, IWM is surging while ETH is lagging in the current session, signaling a clear relative strength divergence that traders monitor for timing entries. According to @rovercrc, this setup indicates a potential catch-up trade favoring ETH as risk-on momentum in equities may rotate into crypto.

According to @rovercrc, Russell 2000 small-cap stocks are moving and exhibit the same cup-and-handle structure as $TOTAL3, highlighting a synchronized breakout setup across equities and altcoins (source: @rovercrc on X, Aug 30, 2025). He frames this alignment as a risk-on season, tying small-cap strength to altcoin market conditions via $TOTAL3 for traders monitoring cross-market momentum (source: @rovercrc on X, Aug 30, 2025).