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Mohsin nadeem monda
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Mohsin nadeem monda
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$BTC What the hell is going on? Last night I went short at 95000, woke up this morning to find I got hit. Don't panic at this time, currently looking at the pattern, BTC should push a bit higher. But as it approaches the previous high, I will go short. Don't chase the long position anymore, Tomorrow the 8th, the Federal Reserve will release data, if it's bad news, then today is it, there's no capital to pull it up hard, if it's good news, many coins have corrected for a while, and the prices aren't that high, then we can see if we want to chase the long position. Since you're playing like this and can't hold steady, just wait a bit.
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#USHouseMarketStructureDraft Donald Trump promised to transform the U.S. into the “crypto capital of the planet,” and he will need cryptocurrency legislation for his administration to do it. But while bills for both stablecoin regulations and market structure legislation were expected within his administration’s first 100 days, little concrete progress has been made by lawmakers in advancing a comprehensive domestic policy framework — particularly as it relates to crypto markets. And if the news Tuesday (May 6) coming out of the joint hearing entitled “American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century,” held by the House Financial Services (HFS) Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence & House Agriculture Subcommittee on Commodity Markets, Digital Assets, and Rural Development, is any indication, it may take at least another 100 days for emotions on both sides of the aisle to cool. Initially a bipartisan hearing meant to discuss a Digital Asset Market Structure Discussion Draft, which was introduced into Congress on Monday (May 5), the hearing instead derailed down partisan lines. Rather than attending the Tuesday hearing, many Democratic lawmakers, led by House Financial Services ranking member Maxine Waters, walked out of the joint hearing in order to hold their own entitled “Democratic Hearing To Discuss Trump’s Crypto Corruption and Conflicts of interest.” “This decision comes after Chairman French Hill (R-AK) refused to include provisions in legislation blocking Trump’s ability to further enrich himself from crypto,” said Waters. The political conflict marks a sharp turn in what was once a relatively bipartisan area of interest and risks turning both stablecoin oversight and crypto market clarity from a regulatory challenge into a political football being thrown back and forth.
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#FOMCMeeting The Fed just wrapped up their latest meeting—and let’s be honest, the only thing climbing faster than the interest rates was Powell’s blood pressure when someone mentioned “soft landing.” Wall Street traders: “They didn’t cut? To the moon, baby!” Powell, unbothered: “Did I stutter?” Millennial homeowners: “Sooo... is now a good time to refinance?” The Fed: “Yeah, hard no.” Current market mood: Stocks: Feeling themselves, strutting like they own the place Bonds: Midlife crisis mode Crypto: Throwing a 2021-style party Gold: Zen and unbothered Recession: Still waiting in the lobby, flipping through outdated magazines Powell’s press conference summed up: “We’re doing what’s necessary.” Translation: “We’re just winging it with some fancy charts.” Let’s be real—FOMC meetings these days feel like a crossover episode of Market Mayhem, FedSpeak 101, and Gen Z vs. Wall Street. Catch you at the next one—bring snacks and maybe a therapist who understands macroeconomics.
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#MarketPullback BTC is breaking below the rising parallel channel on the 4H chart — a bearish signal suggesting potential downside pressure. 🔸 Price: $93,821 🔸 Channel Support Broken: ~ $94,500 🔸 Immediate Downside Target: $89,992 🔸 Stop Loss for Shorts: Above $95,715 ⚠️ Warning: Avoid aggressive long entries unless BTC reclaims the channel support. Momentum is currently favoring the bears
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#USStablecoinBill Strange Timing Alert Right when weekend trading volume was very low, news about the US Stablecoin Bill dropped! Many traders were sleeping — but smart money was watching closely. Team Stays Strong and Transparent Lawmakers and project teams have clearly said: “We are working to bring clear rules for stablecoins, making crypto safer and stronger for everyone.” No hidden changes, no secret deals — full transparency promised. Major Milestone Achieved The US Stablecoin Bill is moving fast toward approval! This can open the doors for BIG institutional money to enter crypto. Stronger regulation means more trust — and more growth for stablecoins and the whole market.
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