Crypto Chief: đ˘ Youâve all seen the market actionâit looks as if Trump has won. Trump keeps stressing that he has the right to overturn everything, which is essentially a veiled signal that his defeat would be bearish. Yet the market is bouncing. The short positions I recommended are already relatively high for the current market phase, and several students have messaged me privately saying theyâre a little worried.
âźď¸ In that case, reduce your position a bit around breakeven to ease the pressure. If the market comes down, take profits early and set a protective stop. Iâm also pretty puzzledâwhy is the Democratic Party backing crypto now?
https://www.panewslab.com/zh/articles/01a1a471-7aaf-716f-8d21-fe0502b97472
Could Democrats sweep the midterms? Is the crypto industry about to see a major shake-up?
Kalshi pricing puts the odds of Democrats winning the House at about 94% and the Senate at around 75%. If they take control of Congress, crypto critics such as Warren and Waters would gain investigative powers, including the ability to subpoena SEC records and scrutinize the Binance hack and prediction markets. However, regulatory processes at the SEC and CFTC are still moving forward, and the situation in Iran could prove to be a bigger variable.
đĄ PANews #Futures
âźď¸ In that case, reduce your position a bit around breakeven to ease the pressure. If the market comes down, take profits early and set a protective stop. Iâm also pretty puzzledâwhy is the Democratic Party backing crypto now?
https://www.panewslab.com/zh/articles/01a1a471-7aaf-716f-8d21-fe0502b97472
Could Democrats sweep the midterms? Is the crypto industry about to see a major shake-up?
Kalshi pricing puts the odds of Democrats winning the House at about 94% and the Senate at around 75%. If they take control of Congress, crypto critics such as Warren and Waters would gain investigative powers, including the ability to subpoena SEC records and scrutinize the Binance hack and prediction markets. However, regulatory processes at the SEC and CFTC are still moving forward, and the situation in Iran could prove to be a bigger variable.
đĄ PANews #Futures