Due to hype, the platform tokens recently followed the trend and pumped the market a bit, but the core remains ETF storytelling. Unfortunately, good narratives also need to align with macro trends. Looking at the situation in early June, the hope for a rise depends on whether negotiations succeed. Things rarely go smoothly after three attempts; the first two negotiations quickly fell apart, so the probability of success this time is quite high.

I entered a small altcoin long position, but the long is not the main goal. Mainly, I’m counting on it actually succeeding in negotiations and pushing the price higher, so we can short again. Bitcoin at 60k isn’t the bottom of the bear market, and moreover, a monthly close in June isn’t excessive.