Wintermute is telling you to max bid. Yields are easing, volatility is down, and BTC reclaimed 115k helped by ETF inflows and short squeezes. DeFi and AI are leading as liquidity improves and positioning looks cleaner. The setup into November looks healthy with a classic Q4 rotation into risk. "macro tailwinds, cooling inflation, “stabilizing” geopolitical tension and a dovish FED are setting the stage for a supportive rest of the year, which historically (Q4) has been the strongest for Bitcoin"(Ignas | DeFi)