Various signs indicate that the probability of reaching a peace agreement between Russia and Ukraine is quite high, as Putin and Trump have reached a tacit understanding on the redistribution of spheres of influence; everything else is just a formality. Furthermore, there is a continuous increase in corporate cryptocurrency reserves and sustained positive inflows into ETFs while waiting for interest rate hikes to take effect. The current decline is more about clearing high-leverage long positions.

I mentioned this morning that technically there will be a process of a second probe; the market is moving as expected. We are currently waiting for a pin to stop the decline, which is an opportunity to go long!