I think the market is ahead and has been ahead of the Fed's movements. I'm more concerned about where are we in that capitulation trade because I want to be a liquidity provider. Invert yield curve, we'll see. Most invert yield curves are associated with recessions. There's no indicativeness of a recession being triggered by Bitcoin. It's pre-mergers, which I don't know whether it's equities or high yields. But I think we're going to get a lot of volatility.

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