According to @CryptoMichNL, the Nasdaq is primed for an upside breakout in the coming period, with a contrarian call for a strong bull year despite widespread recession expectations, which he notes often do not materialize when consensus is high, source: @CryptoMichNL on X, Jan 2, 2026. For crypto traders, a confirmed Nasdaq breakout is a risk-on signal that has historically aligned with stronger performance in BTC and ETH due to rising cross-asset correlations with tech equities, source: Kaiko research on Bitcoin and equity market correlations. A practical setup is to wait for a sustained daily close in the Nasdaq Composite above recent swing highs and improving market breadth as confirmation before scaling into BTC and ETH exposure, source: CMT Association technical analysis guidelines. Traders should monitor the 30 to 90 day BTC to Nasdaq correlation and perpetual funding rates to assess spillover strength and positioning before adding risk, source: Kaiko correlation and derivatives metrics and Binance Research funding rate analyses.

According to @CryptoMichNL, altcoin upside hinges on four confirmations: BTC breaking above 92k and testing 100k, ETH/BTC holding above its 20-day moving average, a swift 5-10% weekly pullback in gold with silver peaking, and a Nasdaq breakout; if these align, he anticipates a 200-300% altcoin rally, noting ETH has shown more resilience than BTC over the past month. Source: @CryptoMichNL on X, Dec 6, 2025.