“The Bull Crash Is Here — And You’re Too Blind to See It”

Image credit: https://x.com/laucto?lang=en

A bull crash sounds like nonsense, right? But here we are — Bitcoin flirting with doing something great again, the economy supposedly strong, yet something feels… off.

Bank of America’s CEO Brian Moynihan says the economy is in better shape than people think. The Fed just paused rate cuts, signaling confidence (or cluelessness). And yet, stablecoin supply sits at $230 billion while total value locked (TVL) in DeFi is under $100 billion — a massive liquidity gap that no one seems to be talking about.

So where’s the money?

Everyone’s cheering this market, but if you’re not paying attention, you’re about to get wrecked.

Back in the real bull runs, stablecoin supply was a leading indicator — more USDT, more USDC meant more firepower for DeFi, alts, and risk-on plays.

Now? Not so much.

$230 billion in stablecoins, yet under $100 billion locked in DeFi. If stablecoins are the dry powder, where’s the gunfire?

Two possibilities:

1. Big money is waiting. Smart money isn’t chasing green…