According to @Andre_Dragosch, the bull market resumes only if one of three macro triggers occurs: a sharp stock market sell-off that forces the Federal Reserve to restart quantitative easing, a sovereign bond market crash driven by Japan-related stress, or both at once, indicating a regime shift that would favor risk re-entry for traders. Source: @Andre_Dragosch, X, Nov 20, 2025. According to @Andre_Dragosch, traders should closely monitor US equity drawdowns, any signals of Fed balance sheet expansion or QE restart, and signs of sovereign bond dislocation linked to Japan as timing cues for re-risking strategies. Source: @Andre_Dragosch, X, Nov 20, 2025.

According to The Kobeissi Letter, Japan's 30-year government bond yield has surged to a historic high of 3.15%, signaling significant turmoil in the Japanese bond market (source: @KobeissiLetter, May 20, 2025). This unprecedented yield spike reflects mounting inflation and a shift in policy outlook, which could prompt global risk-off sentiment and capital flows into alternative assets such as cryptocurrencies. Traders should closely monitor yen weakness and potential liquidity shifts, as these factors may drive increased volatility and trading opportunities in both crypto and global markets.