Flash PMIs

the cartel range; $BTC

Market is pair trading SNX/GMX & SNX/OP although OP incentives is one of the reason for higher volume on SNX..

$SNX has buyback/burn , v3 and so on upcoming which pushes the price..
$OP is given out as rewards and there is a huge unlock this week. ( I reported few days back)

$SNX/$OP

Ref ($OP Unlocks)

rotation

$SNX / $OP financial statements ; innovating

Debt ceiling circus (moving the market up and down for now) .. US won’t default no matter the political noise.

Just like the captain who hesitates to abandon a sinking ship, prolonging the danger for everyone aboard.

The debt ceiling had technically been reached on December 31, 2012; it has been raised since then.

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Sectors updat

Meta & Gaming top losers (they can't make it)

FOMC meeting minutes < 1:00 AM (EST) today
*Debt-Limit Negotiators to Meet at Noon Today

$APE leg < $3 soon (holding)

Coins with May unlocks performance % so far: down bad

FOMC minutes

Strong data out of the US, strong labor market, strong GDP, all better than expected;
Markets now priced almost exactly 50/50 on a 25bps June FOMC hike.

Too much, the opportunity is if tomorrow the PCE prints soft, all those expectations will be rebalanced.

A lot of coins will return to their previous highs, but garbage remains garbage regardless.

Tokens with 85% to 90% supply out are likely to be attractive > juicy revenue, incentives, and treasury, which are all that coins need. Coins with a circulating supply of 10%/20% range are the most volatile (dead downside)

When prices are dipping, you'll hear silence, but when they start pumping, everyone becomes an expert (game of patience)