The market dropping at the weekend due to drone strikes recorded between Ukraine and Russia; this could worsen the global crisis $BTC $NVDAB y $ETH , as well as all Cryptos and companies. Remember that wars are brakes that prevent upward moves, combined with the over-leveraging of the Longs—the drop was very severe, although it was not able to overcome the last rise we saw in the market. Tomorrow we’ll see whether the effect grows or stops when the stock market reopens for trading. If Russia manages to end the war in Ukraine, that would mean the end of the war. As long as this is not achieved, the war will continue. The continuation could lead to China entering the conflict. Shorts could see profits if those catastrophic scenarios occur—scenarios that are not good for anyone, since wars only bring destruction. But apparently this doesn’t seem to matter to Donald Trump, who keeps supporting Ukraine and Israel to generate chaos in Europe.
Take advantage of the shorts while the crisis from the wars continues to grow, because this could last. Fundamental analysis is stronger than technical analysis, because fundamental analysis is based on news worldwide that affects all countries and markets economically. Let’s hope these conflicts get resolved soon; otherwise, the only hope is the US elections, which would bring a new president who would end the wars—or at least postpone them for another 4 years.
For now, the technical analysis suggests an uptrend, but the fundamentals suggest a drop—it’s better to wait until the fundamental scenario becomes calmer.