September 30 may be a tough day for the market
There could be a serious sell-off—keep that in mind when any of you are holding longs
Why❓
September 30 falls on several important events at once: major payments for U.S. government bonds, the end of Q3, and the end of the U.S. fiscal year
And here’s the key point. The money that investors use to buy American bonds isn’t just sitting idle somewhere, waiting for this day. Part of the capital may be reallocated from other highly risky assets
So during this period, profit-taking, portfolio rebalancing, and exits from more risky positions are possible
We could be talking about very large sums (about 200 billion there), and even if only a small portion of this capital leaves risky assets, it could noticeably impact the market.
Plus the end of the quarter. Funds may close positions and lock in results ahead of reporting.
So on September 30, I would pay especially close attention to liquidity, U.S. government bonds, the stock market, and crypto
#BTC #ETH #SOL
$BTC $ETH $SOL
There could be a serious sell-off—keep that in mind when any of you are holding longs
Why❓
September 30 falls on several important events at once: major payments for U.S. government bonds, the end of Q3, and the end of the U.S. fiscal year
And here’s the key point. The money that investors use to buy American bonds isn’t just sitting idle somewhere, waiting for this day. Part of the capital may be reallocated from other highly risky assets
So during this period, profit-taking, portfolio rebalancing, and exits from more risky positions are possible
We could be talking about very large sums (about 200 billion there), and even if only a small portion of this capital leaves risky assets, it could noticeably impact the market.
Plus the end of the quarter. Funds may close positions and lock in results ahead of reporting.
So on September 30, I would pay especially close attention to liquidity, U.S. government bonds, the stock market, and crypto
#BTC #ETH #SOL
$BTC $ETH $SOL
