Sunday Desk Note: MDs are in Davos, ETH is at $3,300. Fade the noise
Osborne here.
Happy Sunday. If you’re an analyst or associate, you’re probably grateful for the MLK holiday tomorrow. If you’re an MD, you’re probably stuck in a security line in Davos right now, getting ready to panel-talk about "Global Fragmentation" and "AI Safety."
Here’s the trade for the week: Fade the Davos headlines.
Every year, the WEF consensus is a lagging indicator. They talk about "Risks" right when the market is ready to rip. Look at the screen this weekend:
- ETH is sitting at ~$3,319.
- BTC is chilling at ~$95k.
While your bosses are in Switzerland discussing how to regulate digital assets to death, the market is front-running the liquidity. The "Smart Money" isn't in the conference hall; it's on-chain.
With equities closed tomorrow, the only alpha is in crypto. Don't let the gloom-and-doom headlines from the Alps shake you out of your positions. The system is liquid.
Enjoy the day off.
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