Alex Damm

[Ash Crypto @AshCrypto]

WHY CRYPTO IS DUMPING?

BTC, ETH AND ALTS ARE DOWN 5%-10% TODAY, AND HERE ARE THE REASONS BEHIND IT.

1⃣ WHITE HOUSE MEETING

TODAY, TRUMP WILL MEET WITH ZELENSKY AND EU LEADERS TO DISCUSS THE RUSSIA-UKRAINE PEACE DEAL.

SOME ARE SAYING THAT IT'LL HAPPEN, WHILE SOME THINK IT WON'T HAPPEN.

THIS IS CAUSING UNCERTAINTY, AND THE MARKET HATES IT.

2⃣ LEVERAGE FLUSH

NOTHING GOES UP IN A STRAIGHT LINE.

ETH PUMPED 50% IN 2 WEEKS WHILE ALTS PUMPED 50%-100%.

THIS RESULTED IN PEOPLE OPENING HIGH-LEVERAGE POSITIONS, AND NOW EXCHANGES ARE FLUSHING THEM.

ONCE IT'S OVER, BIG MONEY WILL BUY THE DIPS, AND A PRICE REVERSAL WILL START.

3⃣ RATE CUT ODDS

ONE WEEK AGO, THERE WAS A 100% PROBABILITY OF A SEPTEMBER RATE CUT.

NOW IT'S AT 84.8% DUE TO PPI DATA.

THE MARKET IS NOW PRICING IT, AND SO A DUMP IS HAPPENING.

WHAT'S NEXT FOR THE MARKETS?

TODAY'S WHITE HOUSE MEETING WILL REMOVE MOST OF THE MARKET UNCERTAINTIES.

ALSO, THE SEPTEMBER RATE CUT WILL MOST LIKELY HAPPEN, SO DON'T PANIC ABOUT IT.

THIS DUMP IS JUST TO GIVE BETTER ENTRIES TO BIG PLAYERS BEFORE THE MARKET GOES PARABOLIC.