A Second Signal From the Business Cycle Index

He said a second gauge supports the case. His business cycle index has moved into expansion for the first time since September 2020, when the previous expansion began.

The analyst called the signal brand new and described the contraction before it as the longest on his chart. In his framing, that macro reading, paired with the low altcoin risk score, makes the current window more attractive than either signal alone.

Targets Cited for Chainlink and Ondo

• Chainlink: A 1.618 Fibonacci extension of its 2021 high points to about $85 per token, which he called a base case. A $100 billion market value would require a gain near 4,000% from current levels, he…