"Sideways" Is an Option, Too

We really hate to sound like a broken record, but the broader macro environment and crypto's correlation to legacy markets is really one of the most important developments to watch right now.

As we've demonstrated, investors' on-chain buying regime remains intact, so, when these headwinds from traditional markets ease, the bias looks to be higher for Bitcoin and the overall asset class looking out on an intermediate to long-term horizon.

But, until that happens, we anticipate some more choppy action in the near term.

We publish our thoughts on traditional markets every day, but let's quickly summarize a handful of key indexes we're watching right now.