$AAVE $ZEC $SUI 🚨 MACRO WARNING 🚨 Saudi Arabia’s East-West oil pipeline was shut after a drone attack... oil could rise again and create even more inflation pressure. US jobs were expected at only 56K... but came in at 162K. PPI came at 0.4% monthly and 5.4% yearly... CPI came at 0.4% and Core CPI came at 0.3% versus 0.2% expected. The market is expecting a 25 basis point Fed rate hike... but with strong employment... sticky inflation... high oil prices and rising Treasury yields... don’t be surprised if the Fed becomes even more aggressive. Maybe it won’t be only 25 basis points... maybe we could even see a surprise 50 basis point hike. If oil rises again... Treasury yields move higher and the Fed surprises with 50 basis points... Bitcoin and altcoins could face a very aggressive selloff. Be extremely careful with leverage before the Fed.
$AAVE $ZEC $BNB 🚨 MARKET WARNING 🚨 We are seeing large money outflows from the crypto market again... yet Bitcoin and many altcoins are still being pushed higher despite the selling pressure. This does not look like normal healthy buying to me. A huge number of traders are positioned short because the macro picture is still dangerous... inflation remains high... oil risks are increasing... Treasury yields are still elevated... and the Fed is getting closer. When too many traders are short... even a relatively small amount of buying can trigger a short squeeze... forcing short positions to close and creating even more automatic buying. That can make the market rise temporarily even while real money is leaving. I cannot prove that Binance or other exchanges are deliberately manipulating prices... but this kind of market-wide movement while large outflows continue should make everyone extremely careful. Do not assume that rising prices mean the risk is gone. Shorts can be liquidated first... and the real selloff can come later. The Fed is still ahead of us... oil can rise again... Treasury yields can turn higher again... and if those risks hit together the next wave of selling could be much stronger. Be very careful with leverage.
$ZEC $AAVE $BNB The Fed rate hike is now being priced as almost certain by the market... yet Bitcoin and almost every major altcoin are still being pushed higher even while heavy selling continues. To me this looks like a massive short squeeze... too many traders opened short positions expecting the market to fall... then prices moved sharply higher across almost every coin at the same time... forcing shorts to close and liquidations to trigger. I cannot prove that Binance or other exchanges are deliberately causing this move... but after seeing this kind of price action across the whole market... i personally no longer trust these platforms the same way. The Fed risk is still there... inflation is still high... oil is still above $100... yet the market keeps squeezing shorts. Be extremely careful with leverage... because exchanges and market makers always have more information and liquidity than retail traders.