📊 Thoughts on the market 📊

The two "top economies" can't come to an agreement, and everyone else suffers...🤬

In the news, it's all about Trump, tariffs, and China, while markets continue to plunge deeper... The US stock market has once again lost over $1.5 trillion today, and China is taking a big hit as well.

The White House just confirmed a 104% tariff on Chinese goods, which came into effect at midnight. Following this announcement, stocks and crypto took another dive.

It’s some kind of circus that has already gotten on everyone's nerves in just two months. Trump knows how to play the drama — good job.

An interesting fact is that crypto is holding up better than stocks, with short-term holders who entered the market in the last 3-4 months mostly capitulating — naturally, at a loss. Meanwhile, whales are buying up BTC and keeping the price above $70-75k, which is somewhat surprising.#Tradingphysclogy

Altcoins are suffering the most, but they could recover quickly in the next cycle, so there’s not much interest in them for now. The focus remains on the strength of BTC, and on identifying strong altcoins.

If it weren't for Trump's "Trade Wars," we’d probably be comfortably at $90k by now, but alas. If BTC weakens, we’ll take long positions from the breakout level at around $70k and lower, targeting $90k — very realistic levels.

Just wait one week — April could still end on a very interesting note! 🛌