According to @MilkRoadDaily, altcoins have historically averaged around 3x gains in each cut cycle, indicating that liquidity phases tend to disproportionately lift alts versus the broader crypto market; source: Milk Road on X, Aug 26, 2025: https://twitter.com/MilkRoadDaily/status/1960443385279656078. For trading, this suggests favoring altcoin exposure during confirmed cut-cycle liquidity conditions to capture the cited historical outperformance; source: Milk Road on X, Aug 26, 2025: https://twitter.com/MilkRoadDaily/status/1960443385279656078.