Thoughts on market until year end:
Impossible to tell where the market is heading, we just have to plan & react accordingly, however:
August - if we get a dip, I think this will be it. JP Morgan signalling a recover in August could well be a counter trade.
Sept - Nov:
I've been intentionally absent from ct most of September
bears at September open now getting bullish after we derisked in August - straight into 3 green weeks
I'm bullish Q4, but if we pullback it'll be over these net couple of weeks (post witching day, month end, new month)
Crypto is done. People keep acting like it's a normal "cycle" but it is a complete failure. The market is over. It has been hyped for years with nothing to show. Other assets create real value and this one is just a bunch of failure. There won't be another cycle.
