*The calm before the storm?*
As expected, the market fell a bit over the weekend, especially in alts, where the drop was 20-30%.
Many also linked part of this leak to an insider leak for the release of a new token from Trump's social network Truth, but the token never appeared.
The crypto market still looks calm and even more stable than the fund - which, by the way, was confirmed yesterday by Trump himself:
"The crypto market has been much stronger than the stock market during the recent downturn. I support the development of cryptocurrencies - I think it is important. If we do not do it, China will."
What positive circumstances are developing now?
⚪️ We managed to fully recoup the April lows.
⚪️ Corporate reports are good (although not taking into account duties yet).
⚪️ The labour market remains stable.
⚪️ Inflation is falling (including due to cheap oil).
But we need new trade agreements (there are some shifts) to consolidate all these positive trends, so it is important that the trade war does not drag on, and ultimately, rates are reduced.
So, no euphoria. We work and keep our finger on the pulse, for now we just watch without setting poses, hoping for the up trend to continue.