Josh says July started strong but ended without much action, and August and September probably won’t be very exciting either. Crypto had a good run earlier this year, especially ETH, but now things have slowed down - which is normal for this time of year. These months are usually quiet before things pick up again in October.
He also points out that money flowing into crypto ETFs is going down - which usually means weaker price movement. On top of that, there's some negative news in the economy - like bad job numbers, rising prices, and global tensions - none of which help the market.
Right now, he doesn’t see any good reasons to enter trades. His advice is to wait and not try to force anything. If you trade too much in this kind of market, you might just end up losing money. His plan is to be patient, watch the charts, and be ready for better opportunities - most likely in October.
