This late-stage bull cycle feels different.

The risk appetite that drove us to the moon is now evaporating. My metric hit a massive 1.9+ peak last year, but now it's making lower highs.

We're seeing more and more holders start to take profits and dump their bags. The pumps are getting weaker, and the gains are getting smaller.

The good news? With two Fed rate cuts on the horizon, I'm calling for two more rallies before selling pressure takes over and the market enters a correction phase. Don't get caught sleeping.