One More Flush, Then the Opportunity of the Cycle… Jamie Coutts Lays Out His Roadmap

Summary

Jamie Coutts expects Bitcoin, Ethereum, and Solana to see one more flush lower before a major buying opportunity in Bitcoin around the mid-$60,000s. He highlights liquidity risks from Treasury issuance, IPOs, and fading buybacks that could drag equities lower, but believes the Fed will eventually inject liquidity. He names Hyperliquid, NEO, Zcash, and Derive as altcoins with improving fundamentals, with Derive positioned to lead on-chain options.

• Bitcoin likely to flush to mid-60,000s, creating a long-term accumulation zone.
• Ethereum and Solana remain in a bear market with declining on-chain activity.
• US equity market faces headwinds from huge Treasury supply, IPO glut, and buyback slowdown.
• Fed will eventually be forced to add liquidity, positive for risk assets later.
• Hyperliquid and NEO show improving activity and deserve portfolio allocation.
• Zcash has run but still interesting; he took partial profits.
• Derive is a speculative play on on-chain options, capturing market share from Deribit.