The analysis suggests that the Fed's monetary policy, particularly potential rate cuts, is crucial for both cryptocurrency and the broader stock market, and for bitcoin it can rally to $200,000 by year end. The analyst points out that the pause in rate hikes has constrained Bitcoin's growth, and a resumption of cuts would be a strong catalyst. This is grounded by historical precedent. The analysis also mentions a general skepticism among investors toward stocks, which is bullish for the overall stock market, so the S&P 500 is seen as growing to increase. For IWM due is beta to equity, that means that its increase could also grow in the same proyection and if that occurs, also will be positive to Ethereum.