According to @MilkRoadDaily, the current cryptocurrency market momentum feels unstable as traders await a decisive signal, potentially provided by the ISM Index, to confirm a full bull run. The ISM, or Institute for Supply Management Index, is crucial as it measures economic activity and can influence market confidence. Currently, the market lacks the green light from ISM indicators, which are necessary to support a sustained upward trend in crypto prices.

According to Milk Road, the crypto market closely follows the ISM Index, a key economic indicator linked to growth cycles. The Index has shown uncertainty for almost two years, but if it surpasses the 50 mark, altcoins could experience significant growth. This is a crucial signal for traders to monitor.

According to Milk Road, the altcoin market cap shows a distinct pattern in relation to the ISM Index. When the ISM Index rises above 50, altcoins typically surge in value, presenting potential trading opportunities. Conversely, a drop in the ISM Index often leads to significant declines in altcoin values, highlighting a crucial indicator for market movements.

According to Milk Road, the Bitcoin market could see positive momentum with a rising ISM Index under 50, whereas altcoins require the ISM to break and hold above 50 for an uptrend. For bearish trends, a peak and subsequent rollover of the ISM could lead to a prolonged market downturn.

According to André Dragosch, PhD, an iconic analyst suggests that the best moment to buy risk assets is when the ISM (Institute for Supply Management) index spikes downwards. Dragosch indicates that the market may be approaching this condition, which could signal a strategic buying opportunity for investors interested in cryptocurrencies and related macroeconomic assets.