$BTC - Bitcoin is expected to benefit from institutional flows over the next 6-24 months and has potential as an alternative reserve currency in a multipolar world. Short-term outlook is also positive as bearish sentiment may be priced in.
Bearish:
$ALTCOINS - Altcoins, particularly those from mining/staking rewards, are facing selling pressure due to lack of buyers and constant supply from miners and stakers.
$EUROPEDEF - While European defense industry might see growth, broader European markets are viewed negatively.