@renatov.eth
$COPPER /GOLD ratio just hit monthly RSI 31
The last three times it bottomed there ( Sep 16, Apr 20, Oct 21), crypto ripped face.
I'm long Copper and long $HYPE on Variational. Same cross-margined book.
omni.variational.io?ref=OMNIREN
Risk-on rotation → dollar weakens → real yields drop → crypto bid + copper bid.
The macro fundamentals
✅ ICSG: 150k ton copper deficit in 2026
✅ AI datacenters: 475k tons consumed this year alone
✅ JPM, UBS, Citi all targeting $12k -$15k/ton by EOY (now $11.9k)
✅ HL: 97% of fees → buybacks
✅ HL ETFs: $69.6m inflows in 12 days
Where else can you express both legs on-chain in one collateral pool?
▪️ The chart is screaming
▪️ Variational is the only venue that pays you to listen
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