Been thinking about something Tom Lee mentioned recently, and it actually makes a lot of sense. The narrative around risk assets bouncing back isn't just about equities anymore. Crypto's going to be central to the next leg up, and honestly, that's a shift we should be paying attention to.

Here's the thing: Bitcoin and Ethereum are likely to move in sync with the Magnificent 7 tech stocks this time around. Instead of crypto lagging while the big names run, we're looking at a scenario where they all rise together. It's basically saying that will crypto go back up alongside traditional tech, or are we past that decoupling phase?

The way I see it, this suggests risk appetite is broadening again. When crypto starts leading alongside mega-cap tech, that's a signal that money is flowing back into higher-risk assets across the board. The question isn't really whether will crypto go back up—it's more about whether it'll maintain that momentum when stocks are also rallying.

What's interesting is that this challenges the old narrative of crypto being a separate trade. If Bitcoin and Ethereum are moving with the Mag 7, then the next move up in markets becomes a unified story. Both asset classes feeding off the same risk-on sentiment. That's the kind of environment where crypto could actually outperform, not just tag along.

So yeah, will crypto go back up? Probably. But the bigger picture is that it won't be flying solo this time—it'll be part of a broader risk asset rotation. That's actually bullish if you think about it.