Is The Market Bottom In? The DeFi Report's Michael Nadeau on H2 2026 and Where He's Deploying

Michael Nadeau is the Founder of The DeFi Report.

Is the market bottom in? Michael isn't sure, but he's deploying anyway.

In this episode, Michael walks us through his H2 2026 outlook using onchain data and market structure analysis. We cover why classic BTC top indicators never triggered this cycle, and why he's been buying below $65K while still unsure the lows are fully in. We discuss why application layer tokens could be the big winners next bull run, why fast DeFi protocols hold a place in his portfolio, and how to think about getting long the tokenization of all assets.

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⏱️ TIMESTAMPS

0:00 - Intro
1:50 - From accounting to building The DeFi Report
5:20 - The elevator pitch for crypto in 2026
8:46 - What to expect for crypto in the second half of 2026?
13:52 - Is the market bottom in? Why Michael’s buying below $65k BTC
19:13 - What’s different this bear market?
23:43 - Why classic BTC top indicators never triggered?
28:10 - App layer tokens could be big winners next bull run
35:50 - What is fast DeFi and why Michael likes PUMP
45:00 - Why Michael bought ENA
49:30 - How Michael ended up with LIT vs HYPE
59:00 - Key themes in Michael’s portfolio
1:04:20 - How to get long the tokenization of all assets
1:09:09 - What are the best ways to lose money in crypto?
1:15:06 - $1M price target for BTC and why it’s a portfolio anchor
1:18:40 - Closing

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► Michael Nadeau on X: https://x.com/JustDeauIt

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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast.