BLACK MONDAY CRASH HAPPEN TODAY!
After last week's bloodbath, people are wondering whether Monday open could be brutal for the markets.
And they have reasons for that.
- Democrats win have created a fear in AI stocks.$BTC
- Global AI bubble is popping.
- US is launching mini strikes on Iran again.
- VIX had its 3rd biggest daily spike in history last week.
- Big funds are rapidly exiting the AI debt.
- Odds of a Fed rate hike are surging again.$ETH
Also, the Friday bounce was mostly shorts covering, and there's still a lot of fear in the market, so we could see another selloff again.$BNB
Now, what I mean by a Black Monday crash is not something that happened in 1987, but more like what we saw this Thursday.
Will it happen again?
After last week's bloodbath, people are wondering whether Monday open could be brutal for the markets.
And they have reasons for that.
- Democrats win have created a fear in AI stocks.$BTC
- Global AI bubble is popping.
- US is launching mini strikes on Iran again.
- VIX had its 3rd biggest daily spike in history last week.
- Big funds are rapidly exiting the AI debt.
- Odds of a Fed rate hike are surging again.$ETH
Also, the Friday bounce was mostly shorts covering, and there's still a lot of fear in the market, so we could see another selloff again.$BNB
Now, what I mean by a Black Monday crash is not something that happened in 1987, but more like what we saw this Thursday.
Will it happen again?
