Sharapov

Analysts have noted a curious correlation in the cryptocurrency market:
Stocks fall → crypto falls
Stocks rise → crypto falls
Gold falls → crypto falls
Gold rises → crypto falls
Key rate increases → crypto falls
Key rate decreases → crypto falls

For easier understanding, just yesterday alone, the S&P 500 index lost $2 trillion.

A market crash is worse than a divorce. You lose half your money, and your wife is still there.

The week traditionally begins with verbal interventions.
Trump is highly dependent on stock indices and often tries to create a favorable news backdrop for Wall Street before the Sunday futures open.
Hence the TACO on Venezuela (which, however, only opens a "safety window" for Maduro until next weekend), Bessent's yesterday's mantras about a "deal with China," and Hassett's optimism about India today...

There's been a huge surge in stablecoins being issued lately. It feels like the whales are accumulating liquidity and simply waiting for the right news to pump. 🚀🚀🚀

To reverse a downward trend, a powerful injection of liquidity is needed to push the price up to massive short liquidations and stops. However, even in this case, judging by the rather low OI readings, a long-term trend reversal is not guaranteed (there is simply less money in the market).