The S&P 500 has traded sideways for four months, oil has jumped from $68 to $94, and the odds of a Democratic sweep in November have climbed to 61%. Yet crypto volumes are rising, ETFs have taken in $3 billion since the September FOMC, and options traders are building large upside positions into the October 30 expiry. The presidential cycle points to a turn in about two weeks. Below, we show which levels matter, where the smart money is positioned, and why higher mortgage rates may be good news for crypto.

This Sunday/Monday crypto kickoff walks through the data points driving market structure, flows, and positioning this week, blended with the macro backdrop and technicals that could shift the narrative in the days ahead. It's a short-term-focused read, grounded in data, interpreted through our lens, and built to prepare you for the week ahead.

Midterm election odds: Democrats Sweep (LHS) vs. Oil prices (RHS)

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