Crypto Market Pulse👀
The market has just completed a significant reset. The CME gap from months ago has now been filled, removing a key technical imbalance. At the same time, most leverage positions have been wiped out, flushing out excess speculation and setting the stage for a more sustainable move higher.
Meanwhile, a narrative started dominating financial circles: “Trump is crashing the stock market on purpose.”Why? Because the U.S. government has to refinance $7 trillion in debt over the next six months. Lower bond yields make that cheaper, and crashing equities could help drive capital into bonds, pushing yields down.
At the same time, social media is flooded with fear, with mentions of Bitcoin below $70K at the highest level seen in months. Historically, this kind of extreme fear has marked market bottoms.
All that’s needed now is a push to the upside—and it may come soon. Strategy (formerly MicroStrategy) is reportedly raising up to $21 billion to buy more Bitcoin. If this materializes, it could trigger the next leg up🤔
The reset is happening. Unfortunately, the drop happened in the middle of our transition to a new algorithm and we did not exit. Now we have to stay patient. Panic selling always ends in regret. Always!