WHY IS THE Crypto Market FALLING TODAY?
BTC, ETH AND ALTS ARE DOWN BETWEEN 5%-10% TODAY, AND THESE ARE THE REASONS BEHIND IT.
1⃣ MEETING AT THE WHITE HOUSE
TODAY, TRUMP WILL MEET WITH ZELENSKY AND EU LEADERS TO DISCUSS THE PEACE AGREEMENT BETWEEN RUSSIA AND UKRAINE.
SOME SAY IT WILL HAPPEN, WHILE OTHERS BELIEVE IT WILL NOT.
THIS IS CREATING UNCERTAINTY, AND THE MARKET HATES UNCERTAINTY.
2⃣ LEVERAGED LIQUIDATION
NOTHING GOES UP IN A STRAIGHT LINE.
ETH ROSE 50% IN 2 WEEKS, WHILE MANY ALTS ROSE BETWEEN 50%-100%.
THIS LED MANY PEOPLE TO OPEN HIGH LEVERAGE POSITIONS, AND NOW EXCHANGES ARE LIQUIDATING THEM.
ONCE THAT ENDS, BIG MONEY WILL BUY THE DIPS, AND A PRICE REVERSAL WILL BEGIN.
3⃣ RATE CUT PROBABILITIES
A WEEK AGO, THERE WAS A 100% PROBABILITY OF A RATE CUT IN SEPTEMBER.
NOW IT IS AT 84.8% DUE TO PPI DATA.
THE MARKET IS ALREADY PRICING IT IN, AND THAT'S WHY THIS DROP IS HAPPENING.
WHAT'S NEXT FOR THE MARKETS?
TODAY'S MEETING AT THE WHITE HOUSE WILL REMOVE MOST OF THE MARKET UNCERTAINTIES.
FURTHERMORE, THE RATE CUT IN SEPTEMBER WILL MOST LIKELY HAPPEN, SO DON’T PANIC.
THIS DROP IS JUST TO PROVIDE BETTER ENTRIES FOR THE BIG PLAYERS BEFORE THE MARKET GOES PARABOLIC. $BTC $THETA