#SantaRallyBegins Crypto Positioning Framework: Santa Rally Into Early 2026
U.S. equities have entered a Santa rally, with major indices rising and the VIX declining, signaling calmer risk sentiment. Crypto has rebounded modestly, but the key question is whether this is a short-term bounce or the start of a trend. From my perspective, this period requires discipline, selective positioning, and alignment with macro liquidity flows.
1. Understanding the Bounce
The current crypto rebound is primarily liquidity-driven, fueled by:
Risk-on sentiment from equities
Falling volatility and improving ri