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The last 24 hours were driven by a combination of geopolitics, inflation pressure, and mixed earnings.
Here's my latest read on the markets, covered in the Daily Market Breakdown:
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I was wrong about the cooldown needing to be a price correction.
After the rally we've seen over the last couple of weeks, it’s more likely playing out through volatility, with swings in both directions over the next few days to flush everyone before a larger move higher.
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$SNOW is a buy at these levels. Reclaimed the lost high-timeframe support range, and is now backtesting it.
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$BTC just broke above the main resistance level we've been highlighting for the past weeks.
Here's what that means going forward, covered in my latest Daily Market Breakdown:
BTC-0,55%
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$ETH – The price has bounced off the 1D Bull Market Support Band, which is the level I highlighted in some of my prior PAT updates.
Since then, momentum has picked back up to the upside, and as I’ve said before, as long as price holds above this band, I believe the most likely outcome remains further upside.
The next key POI to watch is the lost high-timeframe support range marked in green, sitting at $2.7K, where I think we could see a short-term rejection before continuation higher.
The invalidation for this bullish view would be a break below the support band. In that case, I would consider
ETH-1,48%
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Read my latest interpretation on Iran rejecting the ceasefire proposal and how it will impact $OIL and the broader markets moving forward:
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Hyperscalers like Microsoft, Google, and Amazon need:
Power + Water + Land
And for that, they rely on public systems:
Grids
Water networks
Permitting
When demand scales too fast:
→ expansion is often publicly managed or funded
→ communities absorb part of the risk and costs
It’s shared infrastructure and you're paying for it.
Read my full analysis below:
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The market has largely moved on from geopolitics.
Oil is coming down, credit remains stable, and equities continue to push higher.
That doesn’t mean the risk is gone.
Right now, the bigger risk isn’t escalation, but complacency while the system is still somewhat fragile.
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$ETH – 价格仍在较低时间框架上修正,似乎现在正向上移动。然而,我相信这只是一个修正浪2中的浪B的一部分,预计在未来几天会出现更大幅度的向上运动。
我认为短期的波动在这里并不重要,只要价格保持在紫色标记的高时间框架支撑区之上,位于$2.1K。
只要这个水平保持不变,最可能的结果仍然是中期进一步上涨,市场结构保持看涨,这一盘整阶段仍然健康。
ETH-1,48%
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Capital Markets never priced in this war as a major catalyst.
It has all been a distraction by market makers to create a counterparty to accumulate, so they can position themselves before the Fed adopts QE, in order to stimulate the economy once the labor market will weaken.
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I still see further downside on the low-timeframes on the table to fully flush out overleveraged longs, meaning that this would be a wave B that precedes a final corrective wave C, as part of a larger corrective wave 2.
But short-term volatility won't matter anymore when wave 3 arrives.
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We generally tend to see the most disbelief, anxiety, and fear around a potential continuation of the prior high-timeframe downtrend during Wave 2.
Wave 2 is designed to draw in as much upside liquidity as possible, making bears double down before fueling the next leg higher.
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The Daily News Breakdown is out!
Read it here:
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Wave 2 is not where you want to be bearish.
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All of my significant gains came from holding spot positions over the long term, with a clear plan.
Not from leverage.
Not from trading.
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$TSLA and $UNH reporting later this week.
Will be the most important earnings to track.
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$BABA has an amazing setup right now.
Extremely undervalued on the high-timeframes.
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The Disbelief Phase.
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Most traders confuse activity with progress.
They think moving money around proves they're winning.
Wrong.
The best trade you make today might be the one you don't take.
Let the setups come to you. Don't force them.
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Europe is being suffocated in real-time.
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