POWELL UNLIKELY TO COMMIT ON RATE CUTS

Fed Chair Jerome Powell is expected to keep options open in his Jackson Hole speech Friday, avoiding firm signals on a September rate cut. Markets largely expect easing, but Powell may stress that the path isn’t certain. Research firm LHMeyer notes he could temper expectations to prevent markets from being fully locked into a cut ahead of the Fed’s blackout period.
(@WalterBloomberg)

PLASMA PARTNERS WITH BINANCE, USDT ON BINANCE EARN WILL BE DEPOSITED AND GAIN YIELD ON PLASMA - BINANCE ALSO TO OFFER 1% OF PLASMA SUPPLY TO FIRST DEPOSITORS: BLOG

🔗 velo.xyz

🚨 CHINA IS CONSIDERING ALLOWING USAGE OF YUAN-BACKED STABLECOINS FOR THE FIRST TIME TO BOLSTER YUAN INTERNATIONALISATION EFFORTS, SOURCES SAY
(@WalterBloomberg)

CANADIAN YOUTH UNEMPLOYMENT RATE HAS REACHED ITS HIGHEST LEVEL SINCE 2010, NOW AT 14.6% IN JULY ...

OPEN AI CEO: WE WILL LOOK AT GOING PUBLIC AT SOME POINT IN THE FUTURE
(@WalterBloomberg)

prediction markets

https://fxtwitter.com/ahboyash/status/1958153758732673225

personal take is not to lean too much into last cycle’s peak indicators

it has been discussed last year for those that missed it

also, nobody has an edge in forecasting the current cycle

the top calling started extremely early on and i remember people were calling for a left translated cycle back in 2023 because of etf approvals

we’re still here!

just practice risk management instead of timing the market ie. set personal invalidations, sell otw up

DO NOT let engagement farmers sway you by bear posting and make sure it’s your OWN decision

“i sold cause capo said we’ll retrace”

that’s on you buddy

the cycle ends eventually, yes, but does anyone know when? no.

bears have been consistently calling tops and will continue to do so until they’re right

pessimism feels like someone is helping you, optimism is a sales pitch

that’s why not everyone makes money

it’s all on you, champ

^

edit: some bears are still good traders, money can be made both ways, that’s the beauty of the market