RIOT UP but sell the news on SEC ETF Review
Crypto universe bid on prospect of SEC ruling pluss seasonality pluss fiscal funds still being allocated and breadth minus spectacular seven leaves rest of S&P 500 (S&P493 lol) P/E ratio at about 15 times and that is a long term fair value. $4,200 is critical level right below 200DMA held the other day and Santa clause rally pluss Israeli/Hamas war seems "contained" at this point as Israel pauses for humanitarian purposes after Biden embraces fellow president Netanyahu in spite democrat division on the subject in spite historically supportive. A change in geopolitics, a break of the $4200 S&P critical "Put-Wall" level, and/or a news headline on a ruling from SEC on the Crypto ETF are all "sell-the-news" events, to be looking out for.
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