According to @CryptoMichNL, BTC is experiencing a hard crash, signaling acute risk-off pressure in the crypto market (source: @CryptoMichNL on X, Nov 23, 2025). According to @CryptoMichNL, he expects an upcoming shift toward quantitative easing and macro conditions that could favor risk-on assets, implying a potential rotation back into BTC and other high-beta crypto names (source: @CryptoMichNL on X, Nov 23, 2025). According to @CryptoMichNL, his trading playbook is to hold risk-on assets ahead of the anticipated macro turn, rotate to cash during a projected crisis phase, and buy back risk assets after the drawdown (source: @CryptoMichNL on X, Nov 23, 2025). According to @CryptoMichNL, he frames a maximum two-year window before a major crisis, which he uses to time exposure and cash positioning for crypto market cycles (source: @CryptoMichNL on X, Nov 23, 2025).

According to @cryptorover, crypto and especially altcoins respond primarily to year-over-year global liquidity momentum rather than the absolute level of global M2, highlighting YoY liquidity as the key macro driver for price cycles and risk sentiment. Source: @cryptorover on X, Nov 9, 2025. He states that by this YoY liquidity gauge a true crypto bull market has not been confirmed yet, which implies traders should be cautious about assuming a sustained risk-on environment for altcoins based solely on rising global M2 levels. Source: @cryptorover on X, Nov 9, 2025. For trading, this view supports prioritizing the trajectory of YoY liquidity momentum when sizing altcoin exposure and leverage, waiting for a clear YoY upturn before materially increasing high-beta positions. Source: @cryptorover on X, Nov 9, 2025.