If this isn‘t the bottom, we really are in a recession btw.

Retest from above. Now we must hold this for a real breakout or we are back in pain area.

📉🤯 #OM has now crashed -90% and $5.35 billion market cap gone

U.S. Commerce Secretary Howard Lutnick stated that the Trump administration’s recent tariff exemptions on electronics like smartphones and computers are only temporary. Tariffs on semiconductors and electronics are expected to take effect within a month, while pharmaceutical tariffs may follow in the next one to two months. — link

Reverse

This also reverse according to this news

He still outperformed $ETH like crazy tho

Looks more than dead. That is a crazy example of how rigged this market is.
Never touched OM and not planning to buy anything. Even when it is at 0.1.
Shit pumped from basically 0 to $8 without many people talking about it and any big adoption. Stayed up while the whole market dumped into oblivion and just like that crashed to 0.36 without any proper volume. So many red flags. Seems extremely manipulated.
I hope none here was holding that shit.

NFA

$ETH LTF

$FIL

Interesting HTF setup.

Approve

But fil is an inflating coin. So set expectations low

Many lines but I made the yellow line extra thick. This is the most important (down)trend and it broke. As long as we remain above, I do think we will get another pump. The least a retest of 89k.

At 89k, we reevaluate the price action again.

But with all tariff shit getting less exciting for the markets, I don‘t expect much more downward pressure from these news. Even SPX has stabilized.

More dowmtrend is possible though, if we see negative impact on corporate earnings, inflation, country growth. These are the metrics that will matter and some ppl are very bearish and they might have a point. We will see but tariff season is over imo.

Haven‘t checked the markets a lot lately, but I ain‘t gonna lie, many alts look very bottomed out.