If this ever goes live, we will get everything we were waiting for the past years

China Prepares as Much as $70 Billion in Chip Sector Incentives

At the maximum end, the proposal translates into the largest-ever state-backed semiconductor incentives program conceived, at a time nations from Europe to the Middle East are seeking to ensure local production and supply of a component considered critical to AI and national security.

SPX is 0.25% away from breaking ATH. Best case for today is closing the day at a new ATH, leaving us with a very nice close for the weekend so that crypto can finally catch up.

Nope, giga rejected

The last time I have seen this choppy scam chart on BTC was when BTC was below 10k..

Looking more like a rising wedge right now which is equally bad as a bear flag.

If we lose this green support, I fear we will get a very nasty sell off.

the support is 87.7k I am pretty sure we will retest this very soon

Also we have formed a major downtrend resistance here.

Support hit. Now the sweating begins. If this doesn‘t hold, it can quickly become a very painful week.

A daily Close above 92.2k would be the bullish outcome for today, as it would mark a bullish engulfing candle off a support. Anything below will be worrysome..

Pain incoming

SPX still holding up

HTF is fucked now. LTF is going to bounce soon.