Crypto
MoonLambo's Matt Sees PMI Breakout Sparking Crypto Altseason
Matt from MoonLambo argues that crypto markets are near the end of their mid-cycle correction rather than entering a prolonged bear market.
The host pointed to a fresh PMI reading above 55 as a key macro signal, indicating economic expansion.
A PMI above 50 generally signals growth, but Matt believes the more meaningful threshold for crypto is 55.
According to his analysis of prior cycles, crypto markets have typically responded more forcefully three to six months after reaching this level.