Thoughts on ECB and the DAX outlook for H2

Watching the ECB recently, it's becoming pretty clear they're trying to walk a tightrope so thin it's practically invisible. On one hand, inflation is stubborn enough to merit higher rates, but on the other, the economic data from the Eurozone isn't exactly screaming for aggressive tightening. I'm starting to lean towards the idea that any significant dip in the DAX from current levels might be seen as a buying opportunity by institutional players who are expecting the ECB to eventually pivot, even if they're pretending they won't. I just don't see them hammering the economy into oblivion for a few more basis points, which makes the long-term outlook for European equities more resilient than some of the permabears are suggesting. Happy to be told I'm completely wrong.