Tariffs, interest rate cuts, stablecoins, all of this is aimed at alleviating US debt. Such significant actions also indirectly indicate that the American debt crisis is quite serious. At a certain point, US stocks and cryptocurrencies will be drained by US debt.
A major drop is certainly going to happen, but due to liquidity reasons, it may not fall quickly. High-level consolidation is used to offload by taking advantage of positive news.
Now, too many people are looking at 120,000. The more this happens, the less likely it is to be reached. I predict it will be around 119,550.
