Let me lay this out for your as clear as I can.

Liquidity leads, it always has.

And there is one massive fundamental difference between right now and previous cycles.

When liquidity breaks higher, it typically does it for an average of around 550 days.

Right now, it has been 250 days.

I don't know who still needs to hear this but cycles are about liquidity, not time.

We can see here that every single cycle...

Liquidity leads, breaks higher, then $IWM follows, and $ETH follows after.

Then when liquidity ranges, so do $IWM and $ETH.

This is because both $IWM and $ETH follow liquidity.

And right now, liquidity is in a recent increasing phase that still has time left to go.

$IWM has only just entered price discovery, $ETH will follow.

It's not an opinion, this is data, and the data is 100% hit rate on every cycle ever.

It is very obvious to see the difference to every previous cycle top, and where we are now.