Not much has changed since mid-June. BTC feels apathetic, as shown by its weakness vs SPX & NDQ. Fading sentiment extremes should pay well over the coming weeks as summer trading has commenced. I do believe that this entire structure will breakout higher at end Q3 into Q4.
Now convinced that the top is in at 112k. Feels & looks heavy, and I can't think of any drivers that could push this market higher
Alts will fair worse than BTC over the summer, as the FED has dug in on their hawkish stance. If you don't have edge, prob a good time to step away
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