Looking at the market right now, I don't see much reason for optimism.

🚀 SpaceX is set to go public tomorrow. This company could absorb liquidity from many risk assets. A lot of people may be willing to sell crypto, stocks, and other investments just to get a piece of this unicorn. On top of that, NASDAQ has reportedly adjusted its rules to allow SpaceX, Anthropic, and OpenAI to join the index. The same index that could later drive hundreds of millions of dollars in purchases through funds and ETFs.

ℹ️ It feels like the IPOs of these three companies could mark the peak of the current AI hype cycle and inflated valuations. Once such a massive amount of shares is distributed among investors and funds, the market may cool off for a while.

➡️ Crypto is also facing pressure from other factors. Trump still hasn't resolved the conflict with Iran, despite regularly making headlines with statements that move the markets. He's also mentioning Cuba more and more often. Meanwhile, China continues its activities around Taiwan. And, of course, the war in Ukraine still doesn't appear close to ending.

👉 There's also the seasonal factor. During the summer, people tend to think more about vacations than pumps and investments. Of course, that's not always the case, but historically summer has often been a quieter period for crypto. Overall, this creates a rather bearish backdrop for the market.

🤔 As for GRAM (formerly TON), I don't see any strong reasons for a major rally without a full-fledged altseason. Although it should perform better than Bitcoin. Yes, there may be short-term moves driven by the ticker change and other news, but those are likely to be temporary. However, by the end of the year, mTONga may start showing results. By then, the market might also remember Gateway.

💬 What do you think?

👍 — GRAM will start pumping soon
🤝 — Not before October
❤️ — Don't expect anything in 2026, maybe 2027
🔥 — I don't believe in anything anymore
⭐️ — Thanks for the post

#sofaAnalytics #news

Crypto Oborona (en) | Chat (en)
Crypto Oborona (ru) | Chat (ru)