شركة "مايكروستراتيجي" قامت بعملية ذكية في السوق؛ باعت 32 عملة بيتكوين، لكنها عادت واشترت 1,550 عملة، أي 48 ضعف ما باعته، مستغلة حالة التراجع التي شهدها السعر. 📉
الشركة اعتمدت في تمويل هذه العملية على إصدار أسهم جديدة بقيمة 181 مليون دولار، وليس من خلال بيع ما تملكه من البيتكوين. هذه الخطوة تؤكد أن استراتيجية الشركة قائمة على الشراء المستمر وليس البيع. 📊 $BTC
السؤال الحقيقي الآن ليس عما إذا كانت الشركة ستبيع، بل عن التكلفة التي يتحملها المساهمون نتيجة إصدار أسهم جديدة، وهل سيظل السوق يدفع علاوة سعرية تبرر هذه التوسعات المستمرة أم لا؟ 🧐
#mystocksquestion I’ve been trading crypto on Binance for 2 years, and with the new US stocks & ETFs feature, I want to diversify. However, I’m struggling with portfolio allocation. For someone with a moderate risk appetite, is it wiser to allocation-heavy into broad-market ETFs like SPY/VOO for steady growth, or should I pick individual tech stocks that match crypto's volatility? How do you balance your crypto-to-stock ratio without overlapping risks? #MyStocksQuestion
#bedrock مع تراجع عوائد الـ Restaking التقليدية، يظهر مشروع @Bedrock في إصداره الجديد ليغير قواعد اللعبة بالكامل! إطلاق مساعد الذكاء الاصطناعي BRClaw سيوفر للمستثمرين تحليلات شفافة وفورية لاختيار أفضل استراتيجيات العوائد للبيتكوين بشكل مؤتمت. ترقية قوية تعزز من مكانة العملة وفائدتها الحقيقية بالسوق. 🚀 $BR
#bedrock $BR Focus on Moving Beyond "Yield Chasing" (Analytical Tone) Crypto is shifting from passive holding to active asset management. What makes the upcoming Bedrock 2.0 upgrade interesting is how it transforms the ecosystem from a simple restaking model into an intelligent yield router. Driven by uniBTC, it aims to connect idle Bitcoin capital directly to diverse institutional strategies like RWAs, delta-neutral quantitative pools, and lending markets under one roof. Excited to see how @Bedrock scales capital efficiency for long-term holders. The native token $BR is definitely going to play a central role in coordinating this cross-chain liquidity. #Bedrock
Brilliant counter-perspective! You’re absolutely right about the structural divergence. When correlations break, that’s exactly where the danger lies. Treating them as separate asset sleeves but managed under a single, overarching risk-on/risk-off liquidity dial is honestly the most practical framework here. It gives you the best of both worlds: systematic risk management without blinding yourself to the fundamental differences between an equity cash-flow claim and a crypto bearer asset. Thanks for the deep insight! 🧠🤝
Binance BiBi
·
--
Oh, I love the energy here—and you’re not wrong about the “one liquidity wave” feeling. Macro shocks absolutely can hit NVDA, Nasdaq beta, and BTC risk leverage in the same hour, so from a day-to-day risk management lens they often behave like one risk-on complex. The key nuance is: they can be highly correlated in stress, but they’re still different asset classes in what you actually own and what can break differently. Stocks (even fractional) are claims on corporate cash flows, with disclosures, earnings, buybacks, and equity-holder rights; crypto is typically a bearer asset driven more by network effects, reflexivity, market structure, and regulation-by-jurisdiction. So I’d treat them as two distinct asset classes, but run them under one unified “risk bucket” framework for sizing and drawdown control. Practical way to do it: keep separate sleeves (Crypto, Public Equities/Tech) with their own thesis and exit rules, then overlay a single portfolio-level risk dial (exposure up in easy liquidity, down into tightening/vol spikes). That keeps you honest when correlations snap, narratives diverge, or idiosyncratic events hit (earnings/regulatory hacks/exchange risk, etc.). Not financial advice—always DYOR.
الحد الأقصى لعدد الحروف في منشورات (Binance Square) هو 2000 حرف. البوست السابق كان حوالي 1400 حرف، لكن لضمان الأمان التام وترك مساحة كافية للروابط والتاغات، قمت باختصاره وتكثيفه ليكون حوالي 1000 حرف فقط، مع الحفاظ على نفس الأسلوب الارتجالي الحماسي: ⚖️ حيتان وول ستريت يدخلون "لعبة البلوكشين" رسميًا! 🏛️⛓️ الخبر الأهم الساعات الماضية زلزال في النظام المالي. العمالقة الثلاثة: JPMorgan و Bank of America و Citigroup يتحالفون لإطلاق شبكة مشتركة للودائع المرمزة (Tokenized Deposits) عبر مؤسسة "The Clearing House". ما الذي يحدث بالضبط؟ البنوك شعرت بالرعب من تمدد العملات المستقرة مثل $USDT و $USDC ، وتخاف من خروج السيولة من خزائنها لعالم الديفاي (DeFi). خطة البنوك: بدلاً من محاربة التقنية، قرروا تبنيها! الشبكة ستحول الودائع التقليدية إلى "توكنز" على البلوكشين، لنقل مليارات الدولارات بين المؤسسات فوراً وعلى مدار الساعة، مع الحفاظ على غطاء التأمين البنكي الحكومي (FDIC). المفارقة المضحكة: لأعوام هاجمت هذه البنوك الكريبتو، واليوم يضطرون لبناء شبكاتهم الخاصة فوق البلوكشين ليتمكنوا من الصمود في المنافسة! هل نجاح البنوك في ترمز الودائع سيهدد عملات مثل USDT؟ أم أن حرية الكريبتو لا يمكن تقليدها؟ شاركونا رأيكم 👇 #JPMorganBofACitiPlanTokenizedDepositNetwork #Stablecoins #RWA #DeFi #CryptoNews
#nasdaqworstdayinoverayear 🚨 Is the AI & Tech Bubble Bursting? Nasdaq Suffers Worst Day in Over a Year! 📉 The markets just witnessed a massive shift! The tech-heavy Nasdaq plummeted 4.18% (dropping over 1,121 points), wiping out trillions in market value. This marks its steepest single-day decline since April 2025. What triggered this massive dump? 1️⃣ Strong Jobs Report: US nonfarm payrolls doubled expectations (172k vs 80k expected). "Good news is bad news" as this shatters Fed rate cut hopes and sparks fear of a December rate hike. 2️⃣ The AI & Chip Bloodbath: High-flying semiconductor stocks took a brutal hit. $NVDA slid 6%, while Broadcom and Micron collapsed heavily as investors locked in profits. 3️⃣ Macro Pressures: Rising geopolitical tensions pushed Brent crude over $93, spiking inflation fears and pushing Treasury yields higher. $RNDR $FET Crypto Impact: As the VIX fear gauge surged 39%, the panic spilled into crypto, pulling #Bitcoin below the $60k psychological support level. Are we looking at a healthy market correction and a "buy the dip" opportunity, or is this the start of a deeper macro downtrend? 🤔👇 #NASDAQ #MarketCrash #NVIDIA #Fed #MacroEconomy #CryptoMarket Where is BTC going next?
#bedrock $BR Focus on Bitcoin Capital & Yield Routing (Recommended) The launch of Bedrock 2.0 is a true game-changer for the BTCFi landscape. Instead of letting Bitcoin sit completely idle, the platform is shifting into an intelligent yield engine. Through $uniBTC, capital is automatically routed into delta-neutral quant strategies, RWA, and credit vaults to maximize efficiency safely. Highly bullish on what @Bedrock is building here! 🚀 $BR #Bedrock
تواجه شركة Strategy التابعة للمستثمر مايكل سايلور، أكبر شركة تمتلك بيتكوين ضمن خزائنها المؤسسية، أكبر خسارة غير محققة في تاريخها، مع استمرار الضغوط على سوق العملات المشفرة.
وبحسب The Kobeissi Letter، تكبدت الشركة، التي كانت تُعرف سابقاً باسم MicroStrategy، خسائر غير محققة تُقدر بنحو 10.8 مليار دولار نتيجة تراجع سعر البيتكوين، ما يعني أن استراتيجيتها القائمة على شراء العملة المشفرة على مدار السنوات الست الماضية أصبحت تسجل خسارة بنحو 17% من إجمالي مركزها الاستثماري.$BTC BitcoinBounceBackAbove$61K
وفي المقابل، ارتفع مؤشر S&P 500 بنسبة 116% خلال الفترة نفسها، ما يسلط الضوء على الفجوة في الأداء بين الاستثمار في البيتكوين والأسهم الأمريكية الكبرى.BitcoinEtherSpotETF$4.4BOutflowsBitcoinEtherSpotETF$4.4BOutflows
كما تشير البيانات إلى أن بيع Strategy عدداً محدوداً من البيتكوين بمتوسط سعر 77,135 دولاراً للعملة أدى إلى تسجيل خسارة في القيمة السوقية لمراكزها تُقدَّر بنحو 11.8 مليار دولار، فيما تراجع سهم الشركة بنسبة 77% مقارنة بأعلى مستوياته التاريخية.
وحتى آخر تحديث في 1 يونيو 2026، تمتلك الشركة 843,706 عملات بيتكوين، بتكلفة إجمالية تبلغ نحو 63.867 مليار دولار، وبمتوسط سعر شراء يصل إلى 75,699 دولارًا للبيتكوين الواحد.
#bedrock True DeFi innovation isn't about creating another inflationary reward token; it's about solving real capital inefficiency. Look at how @Bedrock is approaching BTCFi and multi-asset restaking. Instead of letting your assets sit idle, Bedrock 2.0 creates a secure, institutional-grade layer where liquidity and yield coexist seamlessly. It’s refreshing to see a protocol focus on actual infrastructure stability rather than just short-term marketing hype. Keeping a very close eye on how $BR anchors this ecosystem as the macro liquidity shifts. This is the blueprint for sustainable yield. #Bedrock
#mystocksquestion Coming from a heavy crypto background, I’ve developed a habit of evaluating assets based on network effects, tokenomics, and community-driven hype. Now that Binance launched US stocks and ETFs, I’m trying to analyze traditional companies, but I feel like the old-school metrics are failing us in this macro environment. Here is my dilemma: Traditional finance tells us to look at P/E ratios and discounted cash flows. But look at massive tech stocks or AI-driven ETFs lately—they seem to trade entirely on "narratives" and liquidity momentum, almost exactly like high-tier crypto Memecoins or Tech-tokens rather than their actual balance sheets. For the experienced cross-market traders here: Are we witnessing the "crypto-fication" of the US stock market where hype cycles matter more than fundamentals? If so, how do you mathematically or psychologically screen for an ETF (like tech or semiconductor sectors) without falling into a top-of-the-market FOMO trap? I want to diversify, but I refuse to buy into an overvalued bubble just because it’s a "safe" traditional asset. Let's discuss. #MyStocksQuestion
As a crypto-native investor who is just transitioning into the newly launched US stocks and ETFs on Binance, I'm facing a psychological hurdle. In crypto, I'm used to extreme volatility and looking for $2X$ or $3X$ gains, but looking at traditional ETFs like SPY or QQQ, the growth feels much slower. For those who balance both worlds: how do you adjust your risk management and patience levels when moving capital from crypto to US ETFs? Do you treat ETFs strictly as a passive "set-and-forget" safety net, or is there a way to actively trade them without getting bored by the smaller daily percentage moves? I want to build a sustainable long-term portfolio but don't want to mistreat stocks using a crypto mindset. #MyStocksQuestion
Binance Square Official
·
--
Ask, Answer & Win with Stocks & ETFs Insights
With Binance’s official launch of US stocks & ETFs trading, we are hosting a community Q&A activity. Ask questions about US stocks and ETFs, or answer someone else's questions, and win exclusive Binance 9th year anniversary swags! Activity Period: 2026-06-04 09:30 (UTC) - 2026-06-12 23:59 (UTC) How to Participate: There are two ways to join the activity. Participants can either pick one, or to join both. Option 1: Ask a Question Publish a post with #MyStocksQuestion on Binance Square and ask any question you have about US stocks and/or ETFs. It can be about trading strategies, market trends, how to pick a stock, or even what ETFs are. Format: Ask your question related to US stocks and/or ETFs in English, with the hashtag #MyStocksQuestion Example:How do you decide which US stocks to hold long-term vs. which ones to trade short-term? I've been buying based on news but I'm not sure if that's a good strategy. #MyStocksQuestion Dos & Don’ts:Dos: Be personal and ask questions related to your own experience.Share a real question you have about US stocks and/or ETFs, something you have been wondering about.Give a bit of context, such as how long you've been investing, what your approach is, what's tripping you up.Use hashtag #MyStocksQuestion and ask the question in English.Don’ts: Don't beg for likes or replies.Don’t use Red Packets or similar giveaways to farm replies.Don’t include irrelevant content to farm views or stray from US stocks and ETFs.Don’t edit previously published posts with high engagement to repurpose them for this activity Option 2: Answer a Question Browse the questions on the topic page of #MyStocksQuestion on Binance Square (i.e. https://www.binance.com/en/square/hashtag/mystocksquestion), find one you can answer, and contribute your answer to the question in the comment of the question post. Format:Leave your answer in English in the comment of the question post directly.Example:[In the comment of the question post] Great question! I use a simple rule — if I believe the company will still be growing in 5 years, it goes into my long-term portfolio. If it's riding a short-term trend like earnings season hype, I trade it. News alone isn't enough — look at fundamentals like revenue growth and profit margins. Dos & Don’ts:Dos: Head to the #MyStocksQuestion topic page, find a question you actually have an answer to.Reply in the comments of that post in English, not as a new post.Answer from your own experience, such as what you've tried, what worked, what didn't.Share your original takes, not textbook definitions, pure AI text or plagiarized text.Don’ts: Don't beg for likes or comments.Don’t use Red Packets or similar giveaways to farm engagement.Comments posted using @Binance BiBi will not be counted.Suspected spam, or artificially inflated comment, or the use of AI bot will be disqualified from the activity. Reward Distribution: Prize A: Best Questions (20 Winners) We will select 20 best questions based on popularity (valid impression and numbers of valid responses it received) and quality (depth). Users who raised those questions will receive 1 set of exclusive Binance 9th year anniversary swag each.The more thought-provoking your question, the more people will reply in the comment, and the better your chances of winning. Prize B: Best Answers (30 Winners) We will select 30 best answers based on popularity (numbers of valid likes & comments it received) and quality (depth). Users who output those answers would receive 1 set of exclusive Binance 9th year anniversary swag each.The more helpful, insightful your answer, the more engagement it will get, and the better your chances of winning. Notes: Binance 9th year anniversary swag set contains:1 jacket,1 backpack,1 silk scarf, and1 Bibi plush keychainRewards shipment will be arranged before 2026-07-05. Winners’ addresses will be collected via Feed Secretary on Binance Square before delivery.If a winner is located in any of the countries or regions listed below, we will not be able to ship the swag reward. In such cases, the winner will receive trading fee rebate vouchers of equivalent value.Iran, Cuba, North Korea and Crimea & non-government controlled areas of Ukraine (Donetsk, Kherson, Luhansk, Zaporizhzhya), Singapore, Hong Kong, Malaysia, Thailand, UK, Netherlands, Ireland, Luxembourg, Serbia, Albania, USA, Guam, Northern Mariana Islands, US Virgin Islands, American Samoa, United States Minor Outlying Islands, Puerto Rico, Canada, Nigeria, Israel, Mauritius, Gibraltar, Yemen, Palestine, and Cyprus.Individual international shipments and customs clearance usually take 3 to 4 weeks.The calculation window of valid impressions, likes and comments is valid until 23:59 (UTC) on day T+1, starting from the content's initial publication.For example, if a user first publishes a valid content on 2026-06-04 20:00 (UTC), the calculation window for valid impressions, likes and comments will be from 2026-06-04 20:00 (UTC) to 2026-06-05 23:59 (UTC). Terms and Conditions: Participants must create the question post and include #MyStocksQuestion, or the post will not be recognized as valid entries. Questions, replies or comments with only emojis, numbers, or meaningless content do not count as valid entries. Suspected spam, or artificially inflated comments under multiple posts, or the use of AI bot will be disqualified from the activity.Comments posted using @Binance BiBi will not be counted.If the same participant qualifies for both Prize A and Prize B, only 1 set of rewards will be sent to the same winner. If the same participant qualifies for multiple positions in Prize A, the valid question with the best popularity (the highest number of impressions and valid replies) and quality (depth) receives the reward. If the same participant qualifies for multiple positions in Prize B, the valid answer with the best popularity (the highest number of valid likes & comments) and quality (depth) receives the reward. This Activity is only available to Binance users who have completed identity verification.If any participant is found to have suspicious views, artificial engagement, or is suspected of using automated bots to boost volume, they will be disqualified from rewards, and those views will not be counted.Published content must be original. Plagiarism or malicious spamming will result in disqualification.Posts involving Red Packets or giveaways will be deemed ineligible for rewards.Any modification of previously published posts with high engagement to repurpose them for this promotion will result in disqualification.Illegally bulk-registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.Only data from Binance Square posts will be counted for reward calculation.Any posts found to violate the Binance Square Community Guidelines or the Binance Square Community Platform Terms and Conditions will be ineligible for rewards.Participants are required to keep their campaign-related posts published for a minimum of 30 days following the Activity's end date. Deleting posts within this period is not permitted.Winners’ addresses will be collected via Feed Secretary on Binance Square before delivery. Binance will work with logistics partners to cover the Customs clearance cost and other related costs. However, it’s important for the receiver to provide relevant documents required by the Customs and support the clearance process.Should there be a situation where the recipient still receives notification from the courier regarding Customs Clearance fee payment, please contact via Customer Service. It’s not advised for the recipient to pay for the clearance fee and request reimbursement afterward. Any payment made by the recipient without prior communication with Binance will not be reimbursed. Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions (e.g., wash trading, illegally bulk account registrations, self-dealing, or market manipulation).Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this Activity.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for sharing this. This is an absolute masterclass in behavioral finance and transition management. What you’ve described is the perfect execution of the "Core-Satellite Strategy." You didn’t just reallocate your capital; you successfully rewired your dopamine pathways, which is the hardest part of moving away from crypto. A few thoughts on your brilliant approach: Environmental Control: Limiting checks to Sundays and deleting alerts is the ultimate defense against over-trading. It eliminates the "noise" that ruins most retail portfolios. The 70/30 Structure: Putting 70% into compounding pillars like $VOO$ and $QQQ$ while keeping a 20-30% tactical bucket is a smart psychological release valve. It scratches the itch for alpha without risking your baseline wealth. Focusing on Fundamentals: Replacing candlestick charts with earnings reports and long-term theses during flat periods is exactly how institutional investors operate. To answer your question: My "play money" bucket is currently capped strictly at 15%. Coming from crypto, your 20-30% range is completely reasonable given your risk tolerance, provided that percentage scales down slightly as the absolute size of your portfolio grows. Slowing down is indeed a feature, not a bug. Kudos on mastering the shift!
Martin_lutthar
·
--
I made almost the exact same switch from crypto last year — the constant dopamine hits from 20% pumps made stocks feel painfully slow at first. What helped me the most was reframing my mindset: crypto is sprinting, US stocks/ETFs are marathon running. What worked for me: I set a strict “check once per week” rule (Sunday evenings only). Deleted the price alerts for the first 3 months. Out of sight really helped reduce the urge to over-trade. Built a core portfolio of 70%+ in boring-but-reliable ETFs (VOO + QQQ) for long-term growth, and kept a small 20-30% “play money” bucket for individual tech stocks. This lets me scratch the excitement itch around earnings without blowing up the whole portfolio. Started tracking my portfolio in quarterly reviews instead of daily. Seeing the compounding over months (instead of minutes) completely changed how I view “boring.” When the urge to panic sell hits during flat periods, I force myself to read the company’s latest earnings report or long-term thesis instead of the chart. Fundamentals calm the crypto brain. It took about 4-5 months to stop feeling restless, but now the slower pace actually feels like an advantage — less emotional exhaustion. I still actively manage the individual names around big events, but the bulk stays untouched. You’re not alone in this transition. How big is your play money bucket right now?
اللي بيحصل ده حالة انفصال (Decoupling) جامدة جداً؛ البيتكوين بيتسحق ونازل حوالي 7.28% في 24 ساعة بس، وبيتداول قريب من 66,120 دولار، يعني خسارة أكتر من 5,000 دولار في يوم واحد! 📉💥
في نفس الوقت، مؤشر أسهم التكنولوجيا الأمريكي (US100) منوّر بالأخضر وطالع حوالي 0.48% وبيتداول قرب الـ 30,660 نقطة. التشفير بيبيع بغباء، وأسهم التكنولوجيا متماسكة ومكملة لفوق! 🏛️💻 $BTC
الوضع ده بيلخبط الحسابات: 👇
البيتكوين المفروض إنه قائد أصول المخاطرة (Risk-on)، لكنه دلوقتي بيتحرك عكس سوق الأسهم تماماً وفي اتجاه عكسي يجنن. 🔄🤷♂️
بعض المتداولين شايفين إن ده مجرد تقلبات طبيعية وحركة تصحيح عادية، والبعض الآخر شايف إن فيه ضغط بيعي مرعب (Heavy Selling Pressure) ورا الكواليس. 📊🚨
لما تلاقي البيتكوين بيتخلص بقوة والـ US100 مكمل تسلق، يبقى واضح جداً إن السيولة بتتحرك بشكل ذكي وبتخرج من الكريبتو تروح لأسهم التكنولوجيا، والسوق بيرسل إشارة مشفرة محتاجة تركيز! 🧩🔮
حظي الطرح العام الأولي المرتقب لشركة SpaceX بطلبات شراء تجاوزت بالفعل عدد الأسهم المعروضة، وذلك بعد فترة وجيزة من بدء تسويق الصفقة رسمياً، في مؤشر على الإقبال القوي من المستثمرين على ما قد يكون أكبر اكتتاب في تاريخ أسواق المال.
$SPCX
وتطرح الشركة، المملوكة لرائد الأعمال إيلون ماسك، أسهمها بسعر 135 دولاراً للسهم، في صفقة قد ترفع قيمتها السوقية إلى نحو 1.8 تريليون دولار.
ومن المقرر تحديد السعر النهائي للاكتتاب في 11 يونيو، على أن يبدأ تداول السهم في اليوم التالي.
وأشارت المصادر إلى أن عملية الاكتتاب لا تزال في مراحلها المبكرة، وأن تفاصيل الصفقة قد تخضع للتعديل مع استمرار بناء سجل الأوامر.
ويُعد قرار SpaceX تحديد سعر ثابت للسهم قبل بدء تلقي الطلبات خطوة غير معتادة في الاكتتابات العامة الكبرى داخل الولايات المتحدة، حيث تلجأ معظم الشركات عادة إلى تحديد نطاق سعري أولي واختبار مستوى الطلب خلال الجولات الترويجية للمستثمرين قبل تثبيت السعر النهائي. #SP500KeepsOriginalRulesBlockingSpaceX ويقود عملية الطرح تحالف مصرفي يضم Goldman Sachs وMorgan Stanley وBank of America وCitigroup وJPMorgan Chase، إلى جانب 18 مؤسسة مالية أخرى. ومن المتوقع إدراج أسهم الشركة في بورصتي Nasdaq وNasdaq Texas تحت الرمز SPCX. #USJobsReportDoublesForecasts #AIModelUncoversZcashFourYearFlaw
Bitcoin has dropped below $65K, extending its decline to roughly 22% over the past month.
While many investors are already looking for a recovery, some traders believe the correction phase may not be over yet.
Their roadmap for the coming months looks like this:
• Bounce toward $68K–$69K
• Short consolidation period
• Liquidity sweep below $60K
• Move toward the $54K region
• Relief rally near $58K
• Peak fear across the market
• Cycle low followed by a trend reversal
The reasoning comes from previous Bitcoin cycles.
Historically, major corrections have often lasted much longer than most investors expect.
According to this view, only around 238 days have passed since Bitcoin's all-time high, while past bear phases have frequently stretched closer to a full year.
Of course, no roadmap is guaranteed. #BTC But one thing is clear:
The battle between long-term optimism and short-term market pressure is far from over.