I was thinking about buying more BTC and ETH (and possibly some Polygon), but then I saw a chart of the US M2 monetary supply. In 2020 it increased by 20%!!!  The rise from 8k to 69k was (probably?) mostly explainable by that.  That's unprecedented (and an over-reaction by the so-called conservative Trump presidency).  With rising interest rates and tightening US M2 supply now, and the likelihood of a very small recession - I'm hesitant to buy back in.

I'm liking this channel and also the Glassnode channel.
https://www.youtube.com/@intothecryptoverse

(I'm also watching Tone Vays go off the deep end on politics and science - and embrace the extreme right).

I'm tempted to buy Trump NFTs, but I probably mostly missed the boat on that.  They've gone from $100 to 0.5 ETH (currently $900 USD).

At 28k BTC we're at an interesting position. It's either the start of a new bull market or a fake breakout.  I mostly hope it is fake, as I want to buy back in at < 20k - ideally once it's clear that the US is in a recession.  Though it'd also be fun if bitcoin pumped to 40k+.

I'm wondering if Dogecoin will become an alt-right/extreme right meme coin backed by Elon Musk (he's moving relatively quickly to the far-right politically)?  If so, will this be bullish or bearish?  I suspect it might be bearish at first - as the Dogecoin community is more centrist or possibly even liberal than the typical US resident.