There is a bank holiday in the US tomorrow.
That said, trading will be enabled but it will be a semi-extended weekend.
Expect more shittery.

A weekly close above 112k would be a very good start for a sustainable recovery.

Future opened 1,6% up.
I wouldn‘t take a bet in either direction though.

Anything is possible within the next 48 hours.

This weekend was pure theft

Further recovery.

SPX hitting first (non major) resistance here today though.
Unless we get more bad news, I think we can go higher for now

Today matters

CHINA TIGHTENS SCRUTINY OF RARE EARTH MAGNET EXPORT LICENSE APPLICATIONS; SCRUTINY IS SIMILAR TO APRIL, AT HEIGHT OF US-CHINA TRADE WAR – RTRS CITES SOURCES

BTC retesting this zone.
Get concerned if we lose 109k.

Then there is a good chance we (partly) close the wick.

🇯🇵 #BTC The value of Metaplanet has fallen below its BTC reserves (-70% since June), signaling waning investor interest in digital asset treasury firms. bloomberg

If Saylor or other treasury firms are starting to get forced to sell we will have a big problem

I believe treasury firms can be the FTX and 3AC of this cycle.

If they survive, they probably are a good buying sometime opportunity soon though. As I am not really bullish on BTC treasuries long-term, I personally would only use them for some quick flip tbh.

SPX futures down 1%, ETH down 8%. This is gross, especially after the market already is rekt since Friday

*TRUMP: CONSIDERING TERMINATING BUSINESS WITH CHINA ON COOKING OIL AND OTHER TRADE ELEMENTS: TRUTH

Trump: I believe that China purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers, is an Economically Hostile Act. We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution.

Nothingburger. Gonna retrace a bit tho.

Thank you