Outlook for the second half of this week | After the price recovery, the test is whether it can last
I’m watching three things: whether BTC can hold on to its rebound gains consistently; whether ETH is strengthening relative to BTC; and whether the rally is spreading from a handful of large-cap coins to more assets. If only the leaders are showing signs of life while others continue to lag, it would be premature to call it a broad-based recovery. Without supporting trading volume, I’d still view a breakout within the context of a range. There’s currently no verifiable data on market-wide fund flows, so I won’t dress up a subjective assessment as a conclusion that institutions are entering the market. #MarketWatch