Most likely as we head into Mid terms elections in the U.s we will see some downshift in world events such as wars, strikes, oil disruptions, etcs... Trump doesn't want his last 2 years as president to be hell.
This all adds up to the overall BIG BEAUTIFUL PICTURE (BBP) of the market.
Traders are pricing in roughly 80% odds that the Fed will raise rates in October.
Translations: Current S&P500 shares prices and crypto and all markets are evaluated right now that there would be a rate hike in october, if that doesn't happen "And it most likely won't" I believe we would see a big jump.
#ADA Was once a great coin, I actually thought it was going to perform well this summer but to my surprise it didn't. Looking at it with just 2 Billion dollar in market cap away from #Near and near also having almost 3x the volume is just amazing.
$NEAR ear will make it to the top 11 coins by the end of this year.
Remarkably, during the drop, BTC Dominance Risen to 60% of the total market cap of 2.76Trillion USDT.
It only shows that some hidden hands entered the market and acquired BTC while everyone else panic sold his bag, Big move coming ahead for BTC? I think BTC would go over 90,000 this coming 7 days.
What i like the most about my setup is that fear and greed index is lowering while my trade is pumping.
Historically, the market makers use this index to manipulate the market, as most people tend to sell in red and buy in green “which totally dumb strategy”