Bankless Nation, the big question everyone is asking is where in the heck do we go from here?

It's not looking great out there.

Crypto is down.

Everything else is up.

What is happening in this cycle?

How long will the pain last?

We've got Michael Nato on the episode.

You guys know we've been doing these episodes on a monthly basis or so trying to dig into the cycle fundamentals. I want to find out what Mike's forecast for the rest of the year is. Also, there is a new Fed share. His name is Kevin Warsh. How does this change things? And stay tuned till the end where, Mike, I'm going to ask you for your entry price

predictions. I know you're not a buyer yet, but you're going to be for Bitcoin, Eith, and Solana.

Michael Nato, is this it? Is this the blood in the streets we've been waiting for?

That's the big question, I think, out there right now. We recorded an episode last week and I said

that we were sort of in in no man's land, right? Trading below support around 93K or so above like

critical support at that 80K line. And last Friday we ended up breaking down from 80 and And we've dropped about, you know, 15% or so from

90K last week. And I think that's the big question. There is some blood in the streets where,

where my head is at in terms of like where we are in the cycle, where the markets are at, is that up until last week, I think if

you had a bull thesis, you could still sort of hold on to that. And I think the bulls still

were willing to say that the market could reverse and the momentum could reverse. I think now going into this week,

there's probably less bulls out there and there's probably more acceptance in the market that

this is playing out how crypto bear markets typically do play out. And so I think that's where we're at.

So I'm not ready to say we're hitting a macro low for the cycle just yet.

When we do go there, you know, I expect that it will take some time, right?

I don't think once you go to a macro low, it's not like there's all these buyers that are just ready.

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