Unemployment Rate Rises to 4.2%

"If Ethereum can can break out now without having to go back down into that Q3 weakness, then I think it would the market cycle top would be higher. If if this is all Ethereum is able to accomplish on this first attempt at 4K, then I think the market cycle top would eventually be lower just because we then have to spend, you know, a month or two still below 4K... But if we're not able to break 4K potentially before that Q3 weakness really is is a, you know, even more obvious, um, then the market cycle top might not be as high as otherwise would have."

"I think this will probably more so play out um in 2026, maybe the end of 2025, where I think it might become problematic is that the Fed will likely cut to help save the labor market. But the inflation data might keep them from cutting enough um because they're worried about how how tariffs might affect inflation over the next um you know few months."

"I'm going to guess the Fed's going to cut in September. The only thing that would make them not cut, I guess, is if the inflation data comes in really really strong."