Hi, guys ✌
Calm before the storm?
🕯 As expected, the market dipped slightly over the weekend—this was especially noticeable in altcoins, where the drop was 20-30%.
Many also linked part of this decline to insider dumping in anticipation of the new token from Trump's social network Truth, but the token never appeared.
The crypto market is still looking calm and even more stable than the stock market—which, by the way, Trump himself confirmed yesterday:
"The crypto market turned out to be much stronger than the stock market during the recent downturn. I support the development of cryptocurrencies—I think it's important. If we don't do it, China will."
What positive circumstances are developing now?
〰️The April lows have been fully recovered.
〰️Corporate reports are good (although without taking tariffs into account yet).
〰️The labor market remains stable.
〰️Inflation is declining (including due to cheap oil).
But we need new trade agreements (there is progress) to consolidate all these positive trends, so it is important that the trade war does not drag on, and ultimately—that rates are lowered.
Therefore—no euphoria. We work and keep our finger on the pulse, while simply watching without opening positions, hoping for the continuation of the uptrend.
#BitcoinReserveDeadline #BinanceLaunchpoolSXT #USStablecoinBill #StrategicBTCReserve #MarketPullback