Lazard's Bertrand Cliquet highlights infrastructure stocks as undervalued compared to AI-influenced equities, focusing on essential sectors like roads, water, and telecom towers.
In the current climate, US markets have shown interest in stable sectors. S&P 500 and DXY indicators suggest a cautious approach, highlighting traders' preference for tangible asset-backed securities.
Bitcoin traders should monitor key levels, with support at $27,000 and resistance at $30,000. Ethereum similarly watches $1,700 as a critical floor, reflecting broader market cautiousness.
The focus on stable infrastructure investments could shift risk appetite, leading traders to reevaluate Bitcoin's role as a risk-sensitive asset while reassessing stablecoins and DeFi options.
Observing the upcoming Fed meeting will be crucial, as interest rate decisions could further influence market dynamics. Traders should also consider corporate earnings for additional insights.
Potential for growth in stable sectors suggests a bull case for crypto if traders seek diversified risks, while a downturn in risk appetite could drive bearish sentiment if stable, non-crypto assets dominate preference.