ETHUSDTETHUSDT.PETHUSD on the 1W timeframe is testing the critical $1,900 support, aligning with the lower boundary of its ascending channel. This level has historically acted as strong demand, making it key for a potential bounce. Holding above $1,900 could lead to a move toward the first resistance at $2,900, with a breakout confirming bullish momentum toward $4,000. However, failure to maintain $1,900 could invalidate the bullish scenario, leading to lower lows. The next move depends on confirmation signals from this key support zone. tradingview.com/x/qNixopEO/
🚨Market Drop: Debt, Tariffs & Bond Moves – What’s Happening?🚨
Markets are sliding, and it's not just a coincidence. The U.S. has massive debt payments due in the next six months, and recent tariffs and trade policies are fueling market uncertainty. Here’s what’s driving the drop:
- Debt Crisis Looming: The U.S. faces growing pressure with 36.1T in national debt, requiring strategic financial moves.
- Bond Market Manipulation? Higher bond prices mean lower yields, allowing the U.S. to borrow more cheaply and manage its debt payments more efficiently.
- Tariffs & Market Shock: New trade policies are rattling investor confidence, impacting global markets.
Key Takeaway: By pushing markets lower, the U.S. may be influencing bond prices to ease its debt burden. ----------------------------------------------------- Let's see what tomorrow's CPI data brings and how the market reacts. Expect high volatility ahead. 🤞
Markets took a major hit, with U.S. stocks losing approximately $1.5 trillion in market capitalization. Meanwhile, the crypto market saw $831.34 million in liquidations.
The CME gap at 77,950 has now been filled, in line with the analysis from earlier today. BTC now has the potential to bounce from the +FVG zone, but if it rejects again from this weekend’s CME gap, a retest of 77,400 remains likely. A deeper move toward the weekly lower Bollinger Band, around 75,500, is also possible.
Additionally, tomorrow’s CPI data release could introduce significant volatility and influence the overall trend. Key levels remain in focus. 🤞