๐จ Market Update โ June 28, 2025
โ S&P500 mini futures broke above 6200, closing at 6223.75. The resistance was crushed right into quarter-end โ pure window dressing + low liquidity + holiday flows. Fundamentals didnโt justify the move (PCE came hotter, personal income collapsed, and personal spending missed).
๐ This is the typical final euphoric push before macro reality kicks in.
๐ BTC remains capped below 110K, but still holding the rebound structure. The game is clear:
โข A squeeze toward 110โ113K BTC can happen if equities hold.
โข Altcoins are still completely disconnected, sitting at -70% to -90% from their 2024 highs. This is a warning โ the risk appetite isnโt healthy.
๐ง My scenario remains:
โข โ Bullish consolidation continues into early July.
โข ๐ ๐ป After that โ BTC pullback targets: 93K then 89K.
โข Same for stocks โ after the window dressing, the cycle rolls over.
๐ Next big catalyst: NFP (US Jobs) on July 5. Expect volatility to spike into July.
๐ As always:
No chasing. No gambling. Only execution when price hits our levels. Precision builds profits. Noise kills capital.
๐ Stay sharp. The real move is coming.