According to @BullTheoryio, altcoins are entering a 2019–2021-style setup as liquidity turns and quantitative tightening ends December 1, a pattern that previously preceded risk-asset recoveries, source: @BullTheoryio. In the 2019 analogue, alt-BTC pairs rose 80%–90% while BTC fell 50%–60%, and the subsequent QE phase fueled a sustained altcoin uptrend, source: @BullTheoryio. The roadmap outlined is two-phase: 6–8 months of alt-BTC outperformance followed by 12–18 months of alt-USD outperformance if macro stays supportive, source: @BullTheoryio. Cited macro tailwinds include mid-term election stimulus expectations, potential new Fed leadership skewing toward easing, 2026 rate cuts, possible QE if growth slows, improving household liquidity via tax benefits, and rising global liquidity, source: @BullTheoryio. The trading focus is on quality altcoins with product-market fit, revenue, real users, and sustainable models, with small caps likely leading risk-on, while narrative-only tokens may lag, source: @BullTheoryio. Actionably, traders can monitor alt-BTC strength as an early signal and scale into quality alts as liquidity inflects while tracking the QT-to-QE pivot timeline, source: @BullTheoryio.

According to Material Indicators, Bitcoin (BTC) and Ethereum (ETH) are encountering significant resistance levels even as broader macroeconomic factors provide tailwinds. The disconnect between supportive macro conditions and current price action suggests that traders should closely monitor order book data and resistance points as the monthly close approaches. These dynamics could lead to heightened volatility and present short-term trading opportunities for BTC and ETH, especially as market participants react to both technical barriers and macroeconomic signals (source: Material Indicators).

According to Milk Road, both institutional and retail investors continue to inject capital into spot ETFs, signaling robust demand despite recent macroeconomic uncertainties. With macro headwinds potentially shifting into tailwinds, the persistent inflow could support continued upward momentum in the wider cryptocurrency market, particularly for major assets like Bitcoin and Ethereum. This sustained buying pressure from varied investor segments is a key signal for traders monitoring ETF flows as a leading indicator for crypto price action (source: Milk Road, May 14, 2025).