The June minutes from the Fed confirm that they remain cautious.
With the Communication Index maintaining a restrictive stance due to new inflation risks and concerns over tariffs.
They still project two rate cuts this year, and history shows that, for #Bitcoin and risk assets, direction is more important than timing.
If the trajectory is a rate decrease, the market is willing to wait.
The #SmartMoney is selling #memecoins .
The tracking of flows shows a constant net sale over the last week, purchases cannot keep up with the outflows.
Strong massive sales could indicate a rotation or simply the beginning of profit-taking.
Are we already approaching the utility market or is there still some speculative rebound?
