RunnerXBT|4月 10, 2025 07:32
SP500 thoughts + TA
If you are bullish risk-assets, you want the area between two Red Lines (5180-5280 ish) to hold / be the local bottom, I believe the "Deviation" below that was peak bear-porn territory with headlines such as
"SP500 in bear market" / "VIX at 55"
Today we have CPI print, which I believe could bring in some volatility & we are getting more details from Trump admin on the delayed tariffs
Due to the nature of the headlines yesterday such as
"Best day in markets since Second World War" & overall euphoria on timeline and social media, I have exited out my BTC longs (posted in my Telegram) and waiting for "sentiment" to sober up a little bit.
I love longing (or taking any position for that matter) when it isnt 100% consensus that that side of the trade is the correct one (e.g. longing 75k BTC vs. longing 82k)
Looking to long BTC again in the soon future if I see a good setup.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink