I am going to take midterms here!
Very steep rise, it is necessary to materialize and lower some risk.
Tomorrow's inflation data is the only thing that worries me; if it comes out very badly, it could affect interest rate cuts.
I give less than a 10% chance of very bad data, but the 10% can also come out.
This is simple, ask yourself a question:
How would you feel if the market turned around sharply?
Do your job, the exams are taken in FOMO.
So: Partial, I cover, low risk and I keep surfing 🤝

We need a BTC sustained above $118,500 to hold the rise of ETH.

If I were bearish, I would NOT defend ETH at $4,000.
That resistance is probably already butter.
P.S.: All sell walls for both BTC and ETH have fallen.

ETH
Reasonable similarities on another scale 👇

Crushing relative strength in ETH.

Employment data is MANIPULATED and has always been!
Now it is advisable to strike to pressure the rate cut.
Also to lower temperature and start August with a correction.
Noise 🔇

This is an Institutional Cycle.
- The BTC ETF was not given full importance, even less so the ETH one.
(The abysmal net inflows are ignored.)
- The GENIUS law and the massive increase in MC in Stablecoins were completely ignored.
- Now the regulatory change with the Crypto Project from yesterday is being ignored.
They show you the way and you go another... Follow the money!

Absolute consensus that August will be bearish.

I have read 100 times that the market will drop this weekend.
Contrary sentiment.