I believe the financial health of US banking sector, is in worse off conditions as compared to 2008. U.S. banks are holding over $482B in unrealized losses. Let’s analyse structure: The BTC/Gold ratio just flipped after months of underperformance. This always happens near the end of Gold rallies, liquidity rotates out, and Bitcoin takes the lead. Every cycle, Gold hits ATHs while BTC consolidates. Then Bitcoin starts its move. That moment it’s here. Add to that: A Zweig Breadth Thrust just fired, one of the rarest and most powerful breadth signals being tracked. Large specs flipped short just before the breakout. Breadth/Thrust composite is at +6/8. One more push and we’re fully greenlit. Technically, BTC printed a textbook double bottom on the weekly lower band. Volatility has compressed. And sentiment wise, fear is still running hot. Meanwhile, the backdrop is quietly combustible. U.S. banks are holding $482B in unrealized losses. A silent crisis ticking under the surface. This isn’t 2008 but it’s the worst paper loss setup we’ve seen since then. The Fed isn’t tightening into this. I believe their next move will be supportive, not hawkish. The real question is: Are you positioned for what happens after? 👇🧵