SP500 speculative futures positions are at multi-decade lows (shorts), a sign that many traders bought into the FALSE narrative that the U.S. debt ceiling matters
None of those narratives appear to occur, forcing those short positions to be covered and SQUEEZING the market higher. (Stocks side only)
Equity markets are also entering the quieter summer months, where natural buying (from pension funds etc.) dominates & pushes the market higher.
No correlation Btw Stocks & Crypto atm, Since Stocks are up and Crypto is down!
The last time the Nasdaq declined in July was in 2007.
Powell testifies this month a few days before fomc, CPI next week!
No Significant inflows for crypto came from Asia yet, Likely a range Like 2018 before explode!
None of those narratives appear to occur, forcing those short positions to be covered and SQUEEZING the market higher. (Stocks side only)
Equity markets are also entering the quieter summer months, where natural buying (from pension funds etc.) dominates & pushes the market higher.
No correlation Btw Stocks & Crypto atm, Since Stocks are up and Crypto is down!
The last time the Nasdaq declined in July was in 2007.
Powell testifies this month a few days before fomc, CPI next week!
No Significant inflows for crypto came from Asia yet, Likely a range Like 2018 before explode!
1hr ago, Ethereum co-founder Jeffrey Wilcke, twitter > jeffehh, transferred 22,000 $ETH ($41.13M) to Kraken.
The last time Jeffrey Wilcke's address transferred out ETH was 29 months ago (2021/01/06) when he transferred 15,000 ETH into Kraken.
Currently, the Jeffrey Wilcke address still holds over 150,000 ETH ($280M)
The last time Jeffrey Wilcke's address transferred out ETH was 29 months ago (2021/01/06) when he transferred 15,000 ETH into Kraken.
Currently, the Jeffrey Wilcke address still holds over 150,000 ETH ($280M)
Alpha
1hr ago, Ethereum co-founder Jeffrey Wilcke, twitter > jeffehh, transferred 22,000 $ETH ($41.13M) to Kraken. The last time Jeffrey Wilcke's address transferred out ETH was 29 months ago (2021/01/06) when he transferred 15,000 ETH into Kraken. Currently,…
address;
0xa7E4fEcdDc20d83F36971b67E13f1abC98DFcfA6wat happened with apple VR set event bidders? < Mostly sell the news events or load the dips