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Can’t think of a single bullish case right now.
Actually that’s a lie. A complete 180 from Trump would be the trade of the month. However this isn’t my base case and I believe that’s becoming increasingly low likelihood as time goes on. Trump had stayed consistent with his rhetoric: contemplation of sending ground troops and people close to him saying this could likely last til September.
On top of this we have oil at $110 and stocks coming off. People talking about BTC relative strength, that’s all well and good, but we also had our 10/10 moment which wiped many players off the board.
Don’t think for a moment that if what we see stays consistent that we will miraculously shoot to the moon.
These are difficult conditions and nobody is forcing you to trade them. Seriously, go outside and smell the fresh air. You will intrinsically know when things shift.
For me the only way I would be an active player again would be a complete 180 from trump as mentioned earlier. DIRECTLY from him. We have seen many moments during the last week of news breaking of ‘talks’ ‘a want to end the war’ only to be told that was a lie an hour later by the opposition.
And, market also sees that as a lie.