🔻 Market Impact: After Israel’s strike on Iran, the market took a significant hit and crashed. The Israeli defense minister stated that strikes may continue for a few more days, which could add more pressure to the market.
📊 But technically, the market shows a different story:
Prior to this conflict, the market was overbought and needed a correction to cool off.
A swing low has now formed, and momentum has cooled down.
Strength indicators are at their lowest levels.
Bollinger Band volatility is at its peak.
Price action is extended.
✅ This indicates a potential relief zone and buying opportunity.
📈 My Trading Plan
🔹 Futures: I’ve opened an ETH futures position at $2510 as a swing DCA setup. Traders may consider entering a swing DCA at the current level with 10% of their capital and scale in as the market moves.
🔹 Spot:
SOL is at its base price ($142) — good for spot buying.
JUP, BNB, ADA, QNT — all at attractive levels for spot entries.
⚠️ Reminder: Always use proper risk management and never invest more than you can afford to lose.
IMPORTANT: Market-Shaking Statements from TRUMP & BESSENT! 💣
💬 Amid global tensions, both Donald Trump and renowned economist Bessent have issued statements that could significantly impact #Bitcoin and the broader markets.
🔔 NOTE: Statements related to armed conflicts are not included here — please refer to the original post for those details.
🟠 TRUMP’S ECONOMIC HIGHLIGHTS: 🔸 “I told Powell we don’t need rates this high. Maybe he’ll have to force something.” 🔸 “Lower rates by 1% — we save money. Lower them by 2% — we save even more. I want cheap debt.” 🔸 “I love China and have great respect for Xi. The deal with China will open up their market.” 🔸 “Auto tariffs could increase soon.”
🟡 BESSENT’S KEY POINTS: 🔹 “Expect more trade deals, fast.” 🔹 “If China opens up, trade could rebalance.” 🔹 “The EU remains tough in negotiations.” 🔹 “Watch for the China tariff pause ending in August.” 🔹 “If the debt ceiling isn’t raised, we could face a crisis like 2008.” 🔹 “Stablecoins may strengthen the dollar’s dominance.”
🧠 WHAT DOES THIS MEAN FOR #BITCOIN? 📈 Positive signals on US-China relations have fueled investor optimism. 🚀 Bitcoin has surged past $108,000! 😯 However, Trump’s cryptic “force something” comment adds a layer of uncertainty.
👉 Stay alert and watch the charts!#TrumpTariffs $BTC $BNB
CryptoRoundTableRemarks 🚨 Breaking: Surprise in U.S. Inflation Data — Green Light for Fed Rate Cuts?
Fresh U.S. inflation data just dropped, showing a bigger-than-expected decline — potentially giving the Federal Reserve the green light to cut interest rates sooner than anticipated.
🔹 Core CPI (YoY) rose 2.4%, below the forecast of 2.5% 🔹 Core CPI (MoM) increased just 0.1%, under the expected 0.2%
Meanwhile, the broader Core CPI for May (excluding food & energy) also came in softer than expected: 🔸 YoY: 2.8% (vs 2.9% expected) 🔸 MoM: 0.1% (vs 0.3% expected)
📉 Market Reaction & Fed Outlook: This cooling inflation print has boosted expectations for a rate cut as early as September. Traders are now pricing in two rate cuts in 2025 as the Fed looks to pivot in response to softer price pressures.
Stay tuned — the macro landscape is shifting fast, and crypto markets are watching closely. $BTC $BNB