🧠 Current Market Thoughts – June 2025

1. 🚀 Momentum with Caution

Bitcoin and Ethereum are showing resilience post-halving, with institutional interest staying strong. But momentum feels cautious — macro uncertainty (rates, inflation, global elections) is keeping traders on edge.

2. 🔄 Rotation in Progress

We're seeing a rotation: capital flowing from large caps to selected altcoins, especially in AI, RWAs (Real-World Assets), and DePIN (Decentralized Physical Infrastructure) narratives. Still, many tokens are bleeding due to low utility and poor tokenomics.

3. 📊 ETF Impact & TradFi Bridges

Spot crypto ETFs have deepened legitimacy, but they also tether prices more to traditional markets. If equities drop, crypto might not be as "uncorrelated" as people expect.

4. 🛠️ Builders Keep Building

Despite price noise, dev activity on Ethereum L2s, Solana, and modular chains like Celestia is strong. This is the best signal of long-term health.

5. 👁️ Watchlist

Macro: US Fed policy, elections, inflation data

Crypto-Specific: ETH staking participation, BTC dominance, L2 adoption, regulatory decisions (esp. in the EU and US)

Narratives: Real-world assets (RWA), restaking, Web3 gaming (again), and AI + crypto integrations