The video discusses the potential for a bearish market in the midterm years. Bitcoin has a history of overvaluation with respect to fair value when bear markets begin. The percentage difference between current market cap and fair value can provide a chart with popping heads above fair value. In March and January of 2024 fair value extensions are about the same. Drops can be around 30 to 35% below fair value. The Alts need to participate to see the market in being overvalued for a durable move, Blue Chip Dominance is in play with Bitcoin and Ethereum absorbing liquidity from the asset class. Bitcoin dominance could see another surge, maybe beginning in August, September or October, but it doesn’t necessarily need to go to a higher high. The eth bitcoin price is going up against bitcoin. A drop can start in about six months. S&P500 divided by the money supply is still following the original, with a 20% drop and then recovery and cut interest rates. Now, the next move may not be rate hikes. Tariffs lead to an echo wave of inflation, negotiations get paused. In the next six months, we should see the results. I could see a scenario where all those spirits come back to life. Also I could see that it will take a while for that tariff stuff to show up in the inflation data. We are gonna start a rotation in Altcoin to bitcoin in one month. There’s a slight recovery, due to people selling. In early week, there was traders selling, fear of interest and global uncertainty, the market is still on edge and people are hopeful.