Bitcoin spiked from $84K to $87K overnight during early Monday trading in the low-volume Asian session. While the move might seem bullish, there are red flags:
🔍 Key Signals:
• RSI is flashing overbought
• Whale trackers show massive buy/sell orders for BTC & ETH in rapid succession
No major catalysts (Fed statements, ETF updates, etc.) suggest this spike isn’t entirely organic. It appears big players are triggering liquidations — first targeting shorts, then flipping to wipe out longs.
📊 What You Should Do:
📈 In a Long? Ride the wave carefully — look for exit points in chunks
📉 In a Short? If you’re not over-leveraged, target ~$83K
💎 Long-term Hodler? Sit tight. BTC still has potential to hit $120K+, but this likely isn’t the breakout moment
Stay smart. Stay sharp. Don’t get caught in the trap.
NEWS: China Rejects $55M Boeing Jet, Sends It Back to U.S. as Trade Tensions Flare
A brand-new Boeing 737 MAX bound for Xiamen Airlines has made an unexpected return to Seattle after China declined delivery amid intensifying trade disputes.
Here’s what went down:
• The jet was valued at $55 million
• Post-tariffs, the total cost would’ve surged past $110 million
• China declined the deal — the plane rerouted via Guam and Hawaii back to the U.S.
What’s fueling the tension?
• The U.S. imposed up to 145% tariffs on Chinese goods
• China retaliated with 125% tariffs on U.S. exports — aircraft included
• Boeing found itself caught in the middle
The Bigger Picture:
⚠️ Tangible effects of escalating trade policies
📉 A major setback for Boeing’s China business
✈️ Opens opportunities for Airbus to step in
🌍 Rising turbulence for the global aviation industry
Bottom Line:
This isn’t just about one airplane — it’s a warning shot.
The U.S.-China trade war is heating up again, and global markets are starting to feel the heat.