According to @MilkRoadDaily, the latest PMI is 48.7, which is below the 50 expansion threshold defined by the Institute for Supply Management, source: @MilkRoadDaily and Institute for Supply Management. According to @MilkRoadDaily, when PMI breaks above 50, BTC typically leads first, then Bitcoin dominance declines, and finally altcoins outside the top 10 outperform, source: @MilkRoadDaily. According to @MilkRoadDaily, traders should monitor a confirmed PMI move above 50 and a rollover in BTC dominance as rotation signals before adding exposure to non-top-10 altcoins, source: @MilkRoadDaily.

According to @MilkRoadDaily, the ISM index is currently at 48 and a sustained breakout above 50 would signal that the bulls are really running. According to the Institute for Supply Management, PMI readings above 50 indicate expansion and below 50 indicate contraction, making 50 a critical threshold traders watch. According to @MilkRoadDaily, monitoring a confirmed move above 50 can help gauge risk appetite in risk assets, including the crypto market.