Long-term interest rates are really the wild card here. When you look at what's actually moving markets right now, it all comes down to how rates are trending. Higher rates tend to cool risk appetite and push capital away from speculative assets like crypto. On the flip side, if rates stabilize or decline, that's when we might see money flow back into alternative investments. It's not rocket science—understand the interest rate environment, and you've got a decent shot at understanding where the market's heading next.