2022 March

Short term price action has been very bullish the past week and a half. However, little has changed in the macro environment. So far we have seen one rate hike that was quickly digested as positive news, and the narrative of stocks/crypto assuming the role of inflation hedges is alive and well. This past week,

Contrary to the institutional views on the imminent EO coming from President Biden tomorrow, it seems that investors are rejoicing in finally seeing some light at the end of tunnel that is regulatory clarity. While this is a small rally, it is out of place in a market that has generally been heading south. One