#USConsumerConfidence
The American Confidence Index for January 2025 is difficult to interpret.
Between the rather anxiety-provoking international context and the hope raised by the election of Donald Trump, it is not easy to have a clear vision for the medium term.
American investors are not fully entering the crypto market. The slightest jolt causes altcoins to fall by 10 to 15% in a few hours.
In Europe, we often follow the Asian market to position ourselves. The American market boosts prices until midday before taking profits at the end of the day. And we start again for the same scenario the following night.
In my opinion, the whales are playing with our nerves and they are the ones who are weighing down the crypto market by trying to delay the bull run.
The very numerous new investors sell everything as soon as they lose $10.00. This type of behavior shows a risk aversion incompatible with crypto.