🚨 Egrag Crypto is sounding the alarm again. The situation is simple:

Trump reposted a video of Representative Luna, where she said she’s ready to use a discharge petition to force Congress to vote on banning lawmakers from trading stocks. Egrag’s interpretation is also straightforward:
👉 This could be an inflection point for the market. If you can, reduce some risk exposure. Actually, this issue has been brewing in Washington for a long time. Lawmakers’ “god-level trades” have been criticized for years—their excess returns are outrageous, and the public has long stopped believing it’s just “good judgment.” This time, there are people from both parties supporting the ban, and the sentiment is clearly there. Why does this matter for the market?
Major political events = likely to amplify volatility.
Small caps and high-beta assets like crypto will be impacted first.
Egrag’s core message:
➡️ It’s not about panicking, but don’t go unhedged. Do what you need to do to protect yourself. Next, we’ll see if the petition can get enough signatures. If it succeeds, capital flows and volatility will both change.