Bear flag bros running victory laps after a 1% sweep into range lows at a rising weekly 200 SMA and monthly 50 SMA at historic oversold levels. What could possibly go wrong?
Crypto has not gone through a real economic crisis / recession yet - when liquidity is drained from risk assets going into bonds and cash, it'd be very suprising to see crypto rising, which was proven - yet again - how sensitive it is towards liquidity going elsewhere.
Liquidity got sucked up by metals to begin with, and now later by tech and semi shares. Assuming we have another round of QE into the bust, crypto may rise from the ashes (similar to what we have seen post COVID QE).
Yesterday was a warning shot.
@ArcBlock_io This is really important as the next wave of AI investment will be targeting agentic software infrastructure outside of the current picks and shovels bottlenecks…sniper shots around the bend here
ARCBLOCK is just that 🏆
June we moon 🌑 $ABT @ArcBlock_io
🇺🇸🇮🇷 Within 40 minutes, Trump went from saying the U.S. is merely engaging in a "military conflict, not much of a war" with Iran to saying "I have to get back to fighting a war with Iran."
At this point, everyone's as confused as he is
Source: TABZ (telegram channel)
🇺🇸 PRESIDENT TRUMP SAID THE US WILL BE THE "WORLD CAPITAL OF CRYPTO.''
Crypto since Trump took office:
$BTC: -44%
$ETH: -49%
$XRP: -68%
$SOL: -77%
$DOGE: -79%
$AVAX: -82%
$ADA: -85%
$SUI: -86%
$ENA: -92%
$APT: -93%
$TRUMP: -97.7%
$MELANIA: -99.5%
PHASE 1
I mentioned this previously - one alternative for Kevin Warsh and team to surpress rates could be a stronger bias towards the long end. This will flatten the yield curve without actually doing QE, i.e. selling notes and buying bonds but the balance sheet remains unchanged (nominally) - let's revisit later.
YOY - May to May
<=1y has risen by 50%
>1, <10 has risen by 2.7%
>10Y has risen by 2.1%
PHASE 2
Plus, they will argue that there is plenty of room for a weaker Dollar - the USA wil do what Japan was doing.
The Future of Ethereum Consensus: First Movers
In February of this year the Ethereum Foundation published what they're calling a strawmap, not so much a roadmap as one possible vision of Ethereum's future.
The good news? Reactive Network is way ahead of the curve!
Read more 👇
We have seen the lows taken out.. Weekend so low volume..
This has the potential to reverse to the upside from here..
Watch USDT.D too for a topping pattern which would give further confirmation..
ETH/USDT market-cap ratio and its highest ever..
Interesting times ahead.
🚨LOOK AT WHAT IS HAPPENING RIGHT NOW
Bitcoin dominance is dumping
Altcoins dominance is pumping
And the correlation is almost perfect
Every candle down on BTC.D is another candle up for alts
You can argue with the narrative
You can't argue with the chart
lets get it done! bitcoin:native
161.8% Expansion leads to the B Wave at 97K
RSI exact double bottom
double confirmation now!
rsi will soar above 70
I now expect a three-wave move to the interim high at 97K