The markets are showing strong signs of recovery, with major U.S. indices and Bitcoin ($BTC
) reflecting bullish momentum. The Dow Jones Industrial Average (#DJI ) has formed a solid V-shaped recovery and is currently holding above the EMA 50 and a key weekly support zone — a strong technical signal. Meanwhile, the Nasdaq (#NDX) and the S&P 500 ($SPX
) are also displaying V-shaped recoveries, pushing into their respective weekly supply zones. This suggests the potential for price discovery in the near term, where new highs could be tested.
Bitcoin is showing a similar pattern, currently sitting just above its weekly supply zone. This likely indicates a retest of support before a potential further upside, aligning with the positive sentiment seen in the broader markets.
However, one shadow looms: geopolitical uncertainty. The biggest concern is the unpredictability surrounding Donald Trump’s policy directions, which could introduce "black swan" events — sudden, unexpected developments that can disrupt markets.
Despite this, the technical structures across the board remain impressive. If political stability can be maintained, these setups could support a strong bullish continuation. Traders should remain alert but optimistic, as momentum is clearly building across both traditional and crypto markets.