@vxdenton @vec0zy This week is a big week. From US data, tariff news, and tech earnings this week, we got it all:
• Tuesday July 29: JOLTS Job Openings
• Wednesday July 30: FOMC, Microsoft & Meta Earnings
• Thursday July 31: PCE, Unemployment Claims, Amazon & Apple Earnings
2/7
On the tariff side, it was decided that there will be a 15% baseline tariff on most EU exports to the US. And the EU will buy $750b in energy from the US over 3 years.
15% is less bad than projected originally, and for the markets 'less bad' is good.
3/7
Quickly on the FOMC: The FED WATCH CME TOOL is where to look at what the market is expecting. Cut, hike, or no change. It looks like a no change this time around, with all eyes on the September meeting for our first cut of the cycle.
4/7
As for tech earnings, expect smooth sailing with the expansion of data centers, AI, users, etc.
As for price, we are seeing a little pullback, but overall things look good. Galaxy sold 80,000BTC for a client, and we’re sitting higher than that 114k dip.
5/7
BTC sits 4% off ATH, ETH off 20%, we have been pumping for a month with no stops really and people are calling for the end.
I would love for up only to continue, but I am expecting some chop before continuation. Happy to be wrong.
6/7
For the full Monday Alpha experience and @thinkingvols's full thoughts and recap (there's a lot more), visit the blog:
Charts from @velo_xyz đź’™
This is the last message in the thread, thank you 🫶
7/7
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