Brothers, a not-so-good signal:
The mini death cross in the US stock market has appeared, and the US bond yield is approaching 4.4%! The technical outlook has completely deteriorated, and volatility continues to rise,
Market positions are overly concentrated in technology stocks and high-volatility assets. Once key price levels are broken,
The selling wave triggered by capital flow could be very fierce!
💥
After the death cross of the Nasdaq in March 2022, the maximum drawdown of $BTC exceeded 60%.
That round was truly driven by interest rate hikes + liquidity contraction, and the death cross was just a confirmation signal. This time it feels more and more like:
The Nasdaq has shown strong sell + suspected death cross,
$BTC has also retreated nearly 10% in the short term. Everything is rushing towards some key point...
The market is in urgent need of a directional macro turning point:
Either ceasefire, or interest rate cuts!
Otherwise, this tight string of high interest rates + high positions is hard to loosen by itself. How to say, is the timing for Trump's TACO... not yet?
🤔
What do you think? Should we continue to go all in on technology, or should we prepare for defense?
Welcome to discuss in the comments
