Richard Otto

express yourself, crypto & tech enthusiastic. Tweets aren’t financial advice. DYOR.

[naiive @naiivememe]

no nobel prize ?
let's nuke the market, peace never was an option

[₿IRB @crypto_birb]

Bull run ends in 30 days.

We're 1,038 days in (97.5% done). Ultra low volatility signals monster breakout ahead. Endgame is here.

Ignore at your own risk.

(Thread) 🧵

[Richard Otto @ottorichardd]

@MyLordBebo “Altseason now!»😂

[naiive @naiivememe]

me : * click sell

5 seconds later :

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 SEC could approve spot Solana ETFs within the next month, Bloomberg reports.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Senator Cynthia Lummis says Americans are ready to update US gold reserves with Bitcoin.

[Mister Crypto @misterrcrypto]

I've been saying it for a long time...

This will be the last pump of the cycle.

Don't forget to take profits.

[MartyParty @martypartymusic]

#Bitcoin #Wyckoff pre-GENIUS vote May 19th

[Richard Otto @ottorichardd]

As of today, the global economy is experiencing a mixed response to ongoing monetary policy adjustments. Central banks in various regions are grappling with inflationary pressures, resulting in fluctuating interest rates. The U.S. Federal Reserve has recently indicated a cautious approach to further rate hikes, aiming to balance economic growth with inflation control.
In the crypto sphere, market sentiment remains optimistic, despite regulatory challenges in some markets. The price of Bitcoin has shown resilience, currently trading around $97,000, while Ethereum has made gains, trading at approximately $1,850. Institutional interest continues to grow, with several large corporations announcing plans to integrate blockchain technologies into their operations.
Moreover, decentralized finance (DeFi) platforms are seeing increased user engagement, driven by innovative financial products that offer higher yields and increased transparency. However, investors are advised to stay alert to volatility, given the market’s susceptibility to regulatory news and macroeconomic developments.
Overall, while the economic environment presents challenges, the crypto market demonstrates potential for growth and innovation in the coming months.📈

[Richard Otto @ottorichardd]

1. No Fed “Put” for the Market:
Jerome Powell has made it clear: the Federal Reserve won’t step in to prop up the stock market unless there’s a major systemic risk. Investors shouldn’t expect a safety net during routine market downturns.

2. Inflation and Long-Term Stability Are the Priority:
The Fed’s main focus remains curbing inflation and maintaining long-term economic health—not cushioning short-term market volatility. Powell has emphasized that monetary policy won’t be swayed by every dip in the markets.

3. Rate Hikes Despite Economic Risks:
As interest rates continue to rise, Powell acknowledges the potential for an economic slowdown, including higher unemployment. Still, he views this as a necessary tradeoff to get inflation under control.

4. No Knee-Jerk Stimulus Moves:
Despite some concerning economic signals, Powell hasn’t shown any signs of hitting the panic button. Emergency support or stimulus won’t come unless a true financial crisis emerges.

Conclusion:
Powell’s message over the past month has been consistent: the Fed isn’t here to rescue equity markets. With inflation still the top concern, investors should expect continued volatility and fewer lifelines from the central bank.

[Richard Otto @ottorichardd]

Powell finds himself in a challenging position.📉📈

On one side, there's the looming threat of inflation reigniting. On the other, the economy is showing signs of slowing down, burdened by debt, tariffs, and time constraints. And what does Powell do?
Here's what happened.
(a thread)

He adopts his usual approach during uncertain times—he adopts a wait-and-see attitude. He emphasizes the need for vigilance, maintaining balance, and navigating conflicting mandates.
However, beneath the surface, the operational machinery starts to gear up. Powell’s strength lies not in prediction but in management. He refrains from action until the system shows signs of strain. And when that happens, he acts swiftly, utilizing liquidity, collaboration, and discreet tools that fly under the radar.
This is the same Powell who adjusted course in 2018 when the market faltered. The same who provided unlimited liquidity in 2020 before unemployment reached its peak. The same who, in 2023, quietly opened emergency support channels as banks faced turmoil, all while maintaining that policy remained unchanged.
In this context, with Truflation at 1.42%, growth diminishing, and volatility on the rise, don’t anticipate a rate hike. Don’t even expect a rate cut unless something significantly falters. If a crisis emerges, he’ll inject liquidity subtly—perhaps through some version of non-QE QE. If the situation escalates, he’ll cut rates promptly and decisively.
That’s the strategy.
Powell isn’t swayed by ideology; his focus is on survival—not just of the business cycle but of the financial system itself. He isn’t a hawk or a dove; rather, he is the protector of the prevailing narrative. When that narrative falters, he will prioritize safeguarding the system over preserving the story.

[Richard Otto @ottorichardd]

Fed Chair Powell was asked if the "Fed will intervene if the stock market plummets."

His response:

"No, with an explanation... the market is functioning as it should even though there are many uncertainties."

The timing of these comments is particularly important to note.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 President Trump considers banning Congress from trading stocks.