Morgan Stanley's Ted Pick just dropped a pretty telling take on where Wall Street is headed. After wrapping up what's been an absolute monster year for trading activity, the CEO kept it short and sweet with four words that carry serious weight: "The setup is ideal."

What's noteworthy here isn't just the optimism—it's the confidence. When a heavyweight institution like Morgan Stanley's top exec frames market conditions this way, you're looking at a signal about institutional positioning and appetite. For crypto traders paying attention to macro flows and where traditional capital is headed, this kind of institutional read tends to ripple across multiple asset classes.