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The result? It's easier for them to show positive results, even if they're just following a cycle.
Politics is politics, but economics plays a role in shaping the perception of success.
Interesting fact:
Republican presidents were most often elected at the peak of economic cycles, when the economy was already overheated and a recession was approaching.
The result? Their terms were more often accompanied by crises and recessions.
But the Democrats, on the contrary, often came to power during a crisis or at the beginning of a recovery, when the economy was naturally growing.
Solana is losing momentum: the total volume of transfers has collapsed from $2 billion in November to some $26 million today. Well, yes, it's a small thing, it's not scary... probably.
The market is frozen. What's next? The euphoria was washed away. The fear index swings between anxiety and deep dread. The eternal "optimists" are already disappointed: "the bull run is over, there will be no altseason, everything is gone!"
- History likes to repeat itself, and if this analogy works, we are waiting for an upward spurt.
Now it is critical: not to catch knives, but also not to sleep on the market's transition into bullish mode. I'm watching this setup and will keep you updated.
So far, everything is going exactly according to the scenario we saw before:
- Price is forming a reversal structure.
- Open Interest is rising, but the price is not falling - which is a hint that bears are loading shorts again, just like in September.
For the first time in two months, Higher Low appeared on the high timeframes - a signal that last time was the starting point of a powerful rally.
The key zone of $91K - BTC held this level - an ultra high signal.
The inflationary crisis continues – get ready!
CPI played its role again: the markets were spilled on negative inflation data (they came out above expectations).
The news has just come out – Uniswap has launched its Layer 2 (L2) called Unichain. This is not just a chain based on someone else's technology, but a full-fledged blockchain based on the Optimism Stack.
In each cycle, the top is accompanied by a sharp surge of the RSI into the overbought zone. Now the monthly RSI is already there, but there has not been a surge yet. And that means only one thing — he's ahead. And most of them are not ready for this.
Those who are already calling Bitcoin's peak are NGMI (Not Gonna Make It). That is, they simply do not understand how the market works, and as a result they will be left out.