The market this week is meeting the expectations that were placed on it back in May-June. Once again, the fact has been confirmed that understanding 'Where are we going' is important, while WHEN it will happen is much less important.
Ethereum above 3K was anticipated back in May. It only reached that height in July. However, now it's above 3500. The fact that we had to wait an extra two months only made the profit bigger.
And Solana hasn't hit 200 yet. What do you think, will it take long? (The question is rhetorical and does not require an answer)).
Crypto laws have been passed, and today Trump will sign them.
But this is just a formality, so don't think the market will react vigorously to this fact (the reaction to the laws has already happened).
However, a new carrot has appeared, which will be dangled in front of the crowd. Now it is said that Trump will sign an order allowing pension funds to invest in crypto, gold, and private companies.
And pension funds amount to 9 trillion.
This is yet another medium-term growth factor. Why did I call it a carrot? Because those who didn’t buy in time and are now jumping in with leverage to catch up will still get shaved. There will be no exceptions).
"TAKEN FROM THE MAIN CRYPTO CHANNEL"
