What's Everyone Worried About?

BTC or ETH, consolidating, and scooping up options

*|MC_PREVIEW_TEXT|* Hello my tasty friends, please find our mid-week update below. Don't worry, be bullish. BTC remains range bound between 110k-120k, reminiscent of earlier consolidation patterns. Remember 50k-75k, then 75k-110k? What happened after each period? Breakout.  I think we see something similar here, over time of course. 120k-150k next? Until then, I'm trading the range, adding some on the lows and lightening up a little near the top. Aside from the chop, I don't see much that's changed. The trend is still on your side and the market remains structurally bullish. Plus, rate cuts on deck. We're not going to go straight up every month, but I think we still have many months left. If I had to pick one over the other, I think it's ETH for me right now. BTC dominance is showing cracks and ETH has been absolutely crushing recently. ETH/BTC looking like it wants to run to 0.04, and I think we get above 4k on the next ignition higher. Elsewhere vol remains low and probably goes lower but I'm looking for spots to load up on ETHA calls and maybe a little IBIT too. Timing is everything, but when isn't it? Maybe more so, patience is everything. For context, see thoughts from last week below:  "We've been consolidating after the big gains earlier in the month, but again, I don't think this means the move is over. The narrative has shifted back to ETH and we're seeing positive ETH/BTC price momentum. If this continues we could easily get a break above 4k and go higher. I'm starting to add back to some tokens like SUI and SOL, and would welcome the chance to buy BTC near $115k or ETH around $3,500 for a trade." Also Greg Magadini from Amberdata is joining me and Dan on tastylive for The tastycrypto Show today at 4:30 CT. Tune in. It's going to be so tasty! Good luck out there and remember, keep your head on a swivel. Ryan Correlations: Updated - 8/6/25 - 6:30 AM CT Relative performance (weekly): ETH/BTC  -1% SOL/BTC  -6% SOL/ETH  -5%   The tastycrypto Show: Mondays & Wednesdays from 4:30pm - 5:00pm Central OTCL Crypto: Mondays on tastylive from 11am - Noon Central LIVE on YouTube | LIVE on X | LIVE on tastylive Contact |  Blog  |   Learn If you no longer want to receive our communications, please click here. tastycrypto is provided solely by tasty Software Solutions, LLC. tasty Software Solutions, LLC is a separate but affiliate company of tastylive, Inc. and tastytrade, Inc. Neither tastylive, Inc. nor tastytrade, Inc. are responsible for the products or services provided by tasty Software Solutions, LLC. Cryptocurrency trading is not suitable for all investors due to the number of risks involved, including volatile market prices, illiquid market conditions, lack of regulatory oversight, market manipulation, and other risks. tastylive, Inc., 19 N. Sangamon St., Chicago, IL 60607, United States