Forwarded from Tree News (Tree News Bot)
U.S. CPI: +2.3% YEAR-OVER-YEAR (EST. +2.4%)
U.S. CORE CPI: +2.8% YEAR-OVER-YEAR (EST. +2.8%)
U.S. CORE CPI: +2.8% YEAR-OVER-YEAR (EST. +2.8%)
DiveInDefi
$SPX holding very stable so far. If it keeps going up, BTC might eat this dip in 1 candle at any given point
$SPX holding up.
BTC ate this candle quick.
However, hitting resistance soon at 104k
BTC ate this candle quick.
However, hitting resistance soon at 104k
❤4🔥1
DiveInDefi
$ETH looks very bullish on the LTF. Here is the higher view. 2800 next if we break current levels.
A lot of fomo. People finally realize that ETH is N°2 and stays there.
❤1
DiveInDefi
$SPX holding up. BTC ate this candle quick. However, hitting resistance soon at 104k
104k retaken. Pretty nice pump, we didn‘t even touched 100k again. Everyone was front running it.
On a bearish side we are hitting red resistance soon. If SPX keeps strong though, I think we will go retest ATH eventually
On a bearish side we are hitting red resistance soon. If SPX keeps strong though, I think we will go retest ATH eventually
Forwarded from Crypto News Aggregator by EXCAVO
🔒 Over 14M #BTC is now illiquid
That's 2/3 of all Bitcoin ever to exist, now in hands that rarely (if ever) sell. In the last 30 days alone, 180,000 BTC moved into wallets with low spending history.
All while whales keep accumulating above $100K.
That's 2/3 of all Bitcoin ever to exist, now in hands that rarely (if ever) sell. In the last 30 days alone, 180,000 BTC moved into wallets with low spending history.
All while whales keep accumulating above $100K.
It is crazy, close to every poll I do is like 50/50.
On the one hand, it is interesting as it shows that statistically trading is such a gamble, on the other hand 50/50 (altough this is non-representative) shows that we might have priced in most of the things and are waiting for a signal to flash for the next direction.
I honestly have no clue myself and am very divided like you guys as well.
Chart wise, we did 5 waves up and BTC shows weakness so far at a significant resistance level which indicates a (major local) top. Furthermore, this is backed by SPX having had such a nice rallye and also is overdue for a correction.
Macro wise, tariff fud is paused for now, we simply don't know if this escalades again. I personally think the worse is far behind us and there won't be major tariff discussions dragging us down.
Aside from this, the global economy is still (like I was saying last year) in/forming a bubble. For me, I still expect a major downturn eventually but who knows when. We can go up for another week, month, year or two years but I am convinced stuff can turn down very quickly.
But for in general: As long as everyone keeps printing (which will never change) -> I prefer being invested than holding an ever inflating asset (fiat)
On the one hand, it is interesting as it shows that statistically trading is such a gamble, on the other hand 50/50 (altough this is non-representative) shows that we might have priced in most of the things and are waiting for a signal to flash for the next direction.
I honestly have no clue myself and am very divided like you guys as well.
Chart wise, we did 5 waves up and BTC shows weakness so far at a significant resistance level which indicates a (major local) top. Furthermore, this is backed by SPX having had such a nice rallye and also is overdue for a correction.
Macro wise, tariff fud is paused for now, we simply don't know if this escalades again. I personally think the worse is far behind us and there won't be major tariff discussions dragging us down.
Aside from this, the global economy is still (like I was saying last year) in/forming a bubble. For me, I still expect a major downturn eventually but who knows when. We can go up for another week, month, year or two years but I am convinced stuff can turn down very quickly.
But for in general: As long as everyone keeps printing (which will never change) -> I prefer being invested than holding an ever inflating asset (fiat)
👍4
DiveInDefi
It is crazy, close to every poll I do is like 50/50. On the one hand, it is interesting as it shows that statistically trading is such a gamble, on the other hand 50/50 (altough this is non-representative) shows that we might have priced in most of the things…
TL;DR: TA wise rejected, waiting for macro signal to confirm further direction.
👍3
DiveInDefi
If $SPX is going further up, this is also the signal for further bull. And currently it is trying
LTF update:
Higher low on $BTC and $SPX going sideways so far. Still below resistance for BTC.
Higher low on $BTC and $SPX going sideways so far. Still below resistance for BTC.
👍1
Alpha
⚠️🇺🇸 Moody's has downgraded the US credit rating from "AAA" to "AA1".
Not sure how much this impacts the market. Might be the tipping point for a correction on $SPX