Exercising Caution Amid Market Euphoria | Weekly Roundup

Bullish:

• $BTC - Felix expresses a bullish medium-term view on Bitcoin, suggesting it shouldn't be faded and emphasizing its distinct drivers compared to tech stocks.

  • “I don't think that's to be faded on a medium price horizon. It just this is a macro show where we talk about every component. And, again, that dispersion thing is very real, and I think it's gonna get more real.”

    Felix·43:31

  • “I suspect that's 2025 in a nutshell. Because remember Bitcoin remember all throughout this year, first half of this year or summer, it's like, oh my god. Bitcoin can't you know, it's supposed to be this levered Nasdaq, and it can't even keep up with Nvidia. And it's like, no. It's because they're completely different assets, and they're completely different drivers behind them.”

    Felix·54:31
• $SMALLCAP - Tyler notes that small caps are trading at a significant discount to large caps, suggesting a potential opportunity in small cap stocks.

  • “Small caps are trading at a 25% discount to large caps. And so you you have and I've been seeing this under the the hood of everything.”

    Tyler·22:45

Bearish:

• $NDX - Felix expresses a bearish view on US tech equities and the Nasdaq, believing it may have peaked.

  • “I am a US tech equity shorter at this time. Yeah. I think the Nasdaq might be peaked.”

    Felix·22:08