Could Q1 shape up as a bullish period for crypto? That's the bet some traders are making right now. The thesis: we're due for a mean reversion relief rally somewhere within the first quarter. Recent signs seem to back this up—ETF inflows have been solid since the new year kicked off, suggesting institutional appetite remains steady. On the trading side, activity is heating up too. Volumes are bouncing back on major platforms, and open interest metrics are worth watching as positions rebuild. Still early, but the setup doesn't look terrible for bulls hoping to catch a bounce.