According to @BullTheoryio, the Russell 2000 has broken its 2021 high for the first time in nearly four years, signaling renewed institutional risk-on appetite in high-beta small-cap equities. Source: @BullTheoryio, Oct 4, 2025. According to @BullTheoryio, similar small-cap breakouts preceded the 2020–2021 altseason, and with BTC and ETH already near their all-time highs, this setup historically aligns with accelerated altcoin performance. Source: @BullTheoryio, Oct 4, 2025. According to @BullTheoryio, five supporting catalysts add conviction to the risk-on thesis: expectations for two additional Fed rate cuts in 2025, a reported surge of over 20 crypto ETP submissions in a single day, Treasury buybacks exceeding 6 billion dollars in a week, Uptober seasonality strength, and Q4’s historically strong returns across crypto and stocks. Source: @BullTheoryio, Oct 4, 2025. According to @BullTheoryio, the Russell breakout is the first real institutional signal this cycle, suggesting crypto’s rally could be larger than anticipated if risk capital rotation continues. Source: @BullTheoryio, Oct 4, 2025.