💥 Alta has started to rise. 💥
💬 Many coins have shown an increase of 10% - 15% against the backdrop of Trump and Iran reaching a temporary ceasefire and cessation of hostilities. Essentially, this is pure news manipulation. Iran is striking U.S. military bases - we are dropping.
🕊 Iran and the U.S. are agreeing to a ceasefire - we are rising.
Iran has violated the ceasefire agreements - we are dropping.
And so it goes in circles. Technical analysis is simply adjusted to fit the necessary news, but it has no influence right now. If someone says that the market is predictable and deterministic at the moment - feel free to unsubscribe.
Today, Powell will also be speaking - the market will react to his words, depending on what expectations he sets for the next meeting.
For now, many coins look like they will continue to rise and are forming new Elliott cycles, but at any moment Trump could come out and announce massive strikes on Iran, after which we will drop again or something else will happen.
Get used to it - such realities will last for more than just a week. The number of local black and white swans is off the charts (unpredictable positive or negative events that influence the market).