{"id":100206,"date":"2026-06-09T22:48:19","date_gmt":"2026-06-09T22:48:19","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=100206"},"modified":"2026-06-09T22:48:19","modified_gmt":"2026-06-09T22:48:19","slug":"avoid-crypto-for-the-summer-this-analyst-says-bitcoin-ethereum-xrp-are-no-good-for-now","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=100206","title":{"rendered":"&#8216;Avoid Crypto For The Summer&#8217;: This Analyst Says Bitcoin, Ethereum, XRP Are No Good For Now"},"content":{"rendered":"<div>\n<p>Lekker Capital\u2019s <strong>Quinn Thompson<\/strong> advocates avoiding crypto for the summer and return in late Q3, citing record IPO supply, waning liquidity, and unresolved problems at <strong>Strategy <\/strong><a class=\"ticker-link\" data-ticker=\"MSTR\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/MSTR\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/MSTR\">MSTR<\/a>) and <strong>Bitmine <\/strong><a class=\"ticker-link\" data-ticker=\"BMNR\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\">BMNR<\/a>).<\/p>\n<h3 class=\"wp-block-heading\">Three Headwinds Making Summer Crypto Dangerous Right Now<\/h3>\n<p>Thompson\u2019s bearish case rests on three <a href=\"https:\/\/x.com\/qthomp\/status\/2063429979409678501\">overlapping<\/a> pressures hitting simultaneously.<\/p>\n<p>SpaceX, Anthropic, and OpenAI are collectively bringing more than $3 trillion in new IPO supply to market, competing directly with existing tech names for capital.\u00a0<\/p>\n<p>The Mag7 stocks that historically lead bull markets are lagging while the rest of the Nasdaq carries the index, a pattern Thompson describes as classic late-cycle behavior.\u00a0<\/p>\n<p>Meanwhile, STRC is approaching one of its worst drawdowns since launch, and Thompson expects Strategy to raise its dividend by 50 basis points rather than the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/53103959\/avoid-crypto-for-the-summer-this-analyst-says-bitcoin-ethereum-xrp-are-no-good-for-now?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"'Avoid\" crypto for the summer this analyst says bitcoin ethereum xrp are no good now>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Lekker Capital\u2019s Quinn Thompson advocates avoiding crypto for the summer and return in late Q3, citing record IPO supply, waning liquidity, and unresolved problems at Strategy (NASDAQ:MSTR) and Bitmine (NASDAQ:BMNR). Three Headwinds Making Summer Crypto Dangerous Right Now Thompson\u2019s bearish case rests on three overlapping pressures hitting simultaneously. SpaceX, Anthropic, and OpenAI are collectively bringing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-100206","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/100206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=100206"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/100206\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=100206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=100206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=100206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}