Trump Fuels Crypto Rally with Strategic Reserve. What’s Inside?The lines are finally rocketing upward! Bored crypto traders suddenly turned into hyperventilating market mavens after Donald Trump on Sunday unveiled the creation of a “strategic crypto reserve.”
Names were named and those names pumped by 10% or more as enthusiastic buyers couldn’t get enough of them. Here’s who made the short list:
Bitcoin BITSTAMP:BTCUSD
Ethereum BITSTAMP:ETHUSD
XRP BITSTAMP:XRPUSD
Solana COINBASE:SOLUSD
Cardano COINBASE:ADAUSD
These five made the cut as the only blue-chip tokens worthy to be recognized by the White House’s crypto working group, which finally got something out after staying tight-lipped for weeks.
“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” Trump said on Truth Social . “I will make sure the U.S. is the Crypto Capital of the World.”
“And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve,” he said in a follow-up post . “I also love Bitcoin and Ethereum!”
Cardano’s token was the biggest gainer moments after the announcement, pumping more than 60% to cross the dollar mark. XRP soared more than 30% to eclipse $2.80 and Solana followed up with a 20% advance to $170 a pop.
Bitcoin and Ethereum, the two heavyweights of the crypto world , climbed 10% and 12%, respectively.
Let’s break down what all this means. A key thing to note is that Trump changed the wording from a crypto “stockpile” to a crypto “reserve.” A reserve would imply that the US government will be collecting, i.e. buying, digital assets for the purpose of holding them right next to its other reserves like gold XAUUSD . The US holds about $770 billion worth of gold.
No proportions, weighting or targets have been announced for the crypto reserve.
But this Friday Trump will be hosting the first-ever crypto venue in the White House. The White House Crypto Summit will be chaired by the administration’s AI and Crypto Czar David Sacks and will feature a speech by the President.
Traders and investors will most likely be glued to the screens for any signs of government adoption and warm legislation.
Obviously, the White House getting involved with crypto is a big deal and perhaps even a watershed moment. But crypto is notoriously volatile and the good (or bad?) old market adage “buy the rumor, sell the news” might hold true more times than traders want to admit.
Do you expect this news to be the start of a new upside swing for crypto? Or is it another frothy move that would soon fizzle? Share your thoughts in the comments!
Community ideas
Market Update - 3/2/2025Strong relative strength in car related names, especially from China, but finance names especially in insurance and credit, as well as real estate seem to be the leaders. All of these I'm reading as positive signs given these are cyclicals. On Friday we had an accumulation day on the AMEX:IWM which is my first sign to start looking for good RS stocks for potential entry in case we start a new uptrend. I think short term the market is oversold and next week we'll see a rally, but I'm not sure long term if that rally can hold.
Either way, I still don't have any positions and did not buy anything the whole week, so I'm still cautious and in protective mode.
US DOLLAR: Sell Opportunity after support breakTVC:DXY has broken below a key support zone, indicating a potential shift in momentum. The price is now retesting this zone, which previously acted as support and could serve as resistance, aligning with a potential bearish continuation.
If sellers confirm resistance at this level, the price is likely to decline further toward the 105.800 target , which aligns with a major support level. Conversely, a breakout above the zone could signal further upside.
Before considering short positions, look for bearish confirmation signals such as bearish engulfing candles, strong wicks rejecting the resistance zone, or increased selling volume.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
TESLA I Its not only EV Cars. Elon Musk predicting 1000% growthThis is not a short-term trade as you know from me on FX, Crypto and Indices. This is buy and hold investment. I got already good bag of share and Im still adding without trying to time if perfectly, but now I think its time to buy bigger positions.
Tesla is my 3rd biggest position after the Bitcoin and Strategy (MicroStrategy). Many people see it only as an EV cars company, but it's not all what they do, just read bellow to see why I see a huge potential in this company.
📍 Why Tesla is Considered a Top Investment
Tesla stands out as a leading player in the EV market, with a strong brand and a history of delivering innovative products. In 2024, it produced about 459,000 vehicles and delivered over 495,000 in the fourth quarter alone, showcasing its ability to meet growing demand Tesla Fourth Quarter 2024 Production, Deliveries & Deployments.
💾Financially, Tesla reported $97,690 million in total revenue for 2024, with the automotive segment contributing $87,604 million and energy solutions adding $10,086 million Tesla, Inc. Annual Report on Form 10-K for 2024. This diversification into energy, alongside investments in autonomous driving, positions Tesla for long-term growth, making it attractive for investors seeking exposure to future trends in sustainability and technology.
📍 What Tesla Does Beyond EV Cars
Beyond EVs, Tesla is deeply involved in energy solutions:
📍 Solar Products: Offers solar panels and solar roofs for clean energy generation.
📍 Energy Storage: Provides Powerwall for homes and Megapack for large-scale projects, helping stabilize grids and manage energy costs.
📍 Charging Infrastructure : Operates a network of Supercharger stations, increasingly open to other EVs.
Services: Includes vehicle maintenance through service centers and body shops.
📍 Robotaxi: Plans to launch a fully autonomous ride-hailing service in June 2025 in Austin, Texas, potentially opening new revenue streams Tesla's robotaxis by June? Musk turns to Texas for hands-off regulation.
📍 Tesla Optimus: Developing a general-purpose robotic humanoid for tasks like household chores or industrial work, which could lead to new markets.
This expansion into energy and services, along with unexpected ventures like Robotaxi and Tesla Optimus, enhances Tesla's role in the transition to sustainable energy and technology, offering benefits like grid stability and potential robotics applications.
The growth in the energy segment, with a 67% increase from 2023 to 2024, highlights Tesla's expanding role in sustainability, potentially attracting investors focused on long-term trends. Additionally, Tesla's commitment to innovation, particularly in autonomous driving technology, is noteworthy. The company is developing features like Full Self-Driving (FSD), which could open new revenue streams, such as robotaxi services, enhancing its investment appeal.
🤔I think Optimus and Robotaxi will exceed rapidly exceed their EV cars revenue. Elon musk is predicing over 1000% growth in 5 years. Which would be way above $2900 without stocks splits.
I m a bit conservative and I think we can go somewhere between 3 - 4 standard deviations.
Wishing you continued success on your trading journey. May this educational post inspire you to become an even better trader!
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
David Perk ⚔
Nvidia Flexes Bold Guidance but Can the Chipmaker Deliver on It?Chief Jensen Huang showed hubris on the earnings call right after Nvidia NVDA reported another blockbuster quarter with record sales and soaring profits. He said that demand for the new Blackwell chip is “amazing.”
“Well, I'm more enthusiastic today than I was at CES We have some 350 plants manufacturing the 1.5 million components that go into each one of the Blackwell racks, Grace Blackwell racks. Yes, it's extremely complicated,” Huang said. “Nothing is easy about what we’re doing, but we’re doing great.”
Everyone and their dog was glued to the screen after-hours Wednesday, waiting to hear what the most important person for the stock market was going to say. And many were hoping it’ll be good and Nvidia will save us from the recent selloff that spilled from tech stocks to all stocks .
And indeed, it was another stellar performance by Nvidia. For the fourth quarter ended January 26, the chipmaking giant pulled in record revenue of $39.3 billion, up 80% from a year ago, topping analyst estimates for $38 billion. Earnings per share reached $0.89 against Wall Street guidance for $0.84 a pop. Net income landed at $22.1 billion, up 80% from a year earlier.
Without a doubt, Nvidia continued its string of record-shattering results. And, what’s more, that’s also what Nvidia thinks will happen with the current quarter. The company projected revenue of $43 billion for the first three months of 2025, up 65% from the year-ago quarter when sales hit $26 billion .
To get to that figure, and keep the growth going, Nvidia will need to retain all its deep-pocketed clients like Amazon AMZN , Meta META , Microsoft MSFT and Alphabet GOOGL . These four alone make up about half of Nvidia’s revenue. Other customers with buckets of cash include ChatGPT parent OpenAI and Elon Musk’s Tesla TSLA .
As to the share price, investors didn’t really cheer the upbeat guidance or the double beat on both earnings and revenue. The stock showed virtually no reaction in extended trading — could it be that markets expected an even bigger blowout performance?
Or maybe they don’t believe in Nvidia’s business model after DeepSeek achieved for mere millions what OpenAI achieved for hundreds of millions? Year to date, Nvidia, the second-largest company in the world , is down 5% to $3.2 trillion. It’s drifted about 10% away from the all-time high hit in early January.
And with this, make sure to closely watch the earnings calendar for other hot reports as AI history is being made before our eyes.
What’s your take on Nvidia’s future? Do you think its Big Tech clients will soon whip up their own AI chips? Or is Nvidia’s AI dominance set in stone? Share your thoughts in the comment section!
Dead Bitcoin soon will break 92K support (Bye 100K and Hi 80K) As we mentioned a lot major support which is 92K$ is holding price from falling now for 8Th times and each time a support or resistance touch it gets weaker and soon this support will also break to the downside and below 90K$ we are looking for massive dump and fall and start of bear market for at least 2-3 months and this would be correction and rest for market and bitcoin and after that we are looking for rise and next phase pump for the market and maybe targets like 130K$ and more.
So for now we are looking for correction and dump like the red arrows and for confirmation of bear market and dump major support zone should break soon.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
Multiple markets2.26.25 there are a number of markets signing up for reversal patterns to go higher. I think that Tesla probably start finding buyers. oils at a support area so I would be looking for buyers. I think we will find some buyers on bitcoin and gold.... but there may be some more downside to but I wouldn't start a short position in gold or Bitcoin. there might be some upside on coffee. and I know there were some other markets I talked about... Palladium was one of them. I did not preview this video if I made mistakes... sorry about that I was stressed for time.
Elliot Wave Theory Analysis on DOGENew to Technical Analysis here but I am loving my learning journey. Watch this absurdly long video to see my thoughts on where I think we are in relation to past cycles and how after deep thought on the Elliot Wave Patterns I have found it astonishingly lines up to a tee with past cycles. I didn't modify it anyway to make it line up ------ it just did!
META I Potential Long Opportunity Welcome back! Let me know your thoughts in the comments!
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GBP/USD - Pound Pummels Dollar!With three consecutive weeks of bullish price action, we have seen the impact it's had on the Dollar index, sliding to new weekly lows. If this continues, we can expect the continuation of GBPUSD to run up into the 1.27000 region.
We have seen the successful delivery of bullish price action last week. When will this run end?
Bitcoin: Bybit Hack Surprise? Watch For 90K.Bitcoin has established a lower high at the 100K range resistance. In this context it appears a support break (lower low) is more likely to follow. This means a 90K retest can unfold as early as this week. Will 90K hold? There is NO way to know, it all depends on the price action that unfolds at that level. Having opinions of the future will NOT help you at all, ESPECIALLY in this environment.
Case in point: over the previous week, we had Coinbase reveal that the SEC is planning to give up their legal case against them, Bitcoin goes to 99K. This level is the range resistance that I specifically highlighted in my previous week's article. This is followed by The Bybit hack which brought price right back to the 94K range low. Knowing your levels would have prepared you much MORE effectively to navigate the price action around these moves compared to simply reacting to the news.
One observation I would like to assert here is the fact that 99K was rejected so quickly. These situations often attract a LOT of longs who then get stuck in the trade because the unexpected reversal. These longs will be pushed out of their positions if price extends too far which will bolster selling pressure. It is this process that can facilitate the move to 90K especially if it is accelerated by more unexpected bearish news.
As a swing trader, it is best to WAIT for levels in this situation, evaluate the price action, measure risk and wait for some form of confirmation, I repeat this all the time. It is the best we can do, and AVOID trying to forecast the future. Unless you were an insider at Coinbase or a member of the hacking team, you had NO idea that these events were coming. And with the new administration in this country, new financial drama can come out of no where at any time. All I can say is focus on price levels and trend structure and you will be much better prepared than most.
Thank you for considering my analysis and perspective.
TradingView 2024 Community AwardsThe 2024 Community Awards are here and they’re better than ever! All of you have made this ceremony a celebration of achievements, revelations and lessons. Enough with the sentimentalities — let’s go straight to the numbers!
In 2024, our community posted 771,813 public Ideas. Credit where credit is due. This number is a testament to your commitment to spreading trading knowledge and sharing your unique insights.
We’re grateful to see so many of you use the TradingView platform to have your voice heard and work appreciated ( and judged maybe, looking at you, picky hard-to-please traders ).
👉 Some more numbers:
✔️ Public scripts published: 60,078
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✔️ Minds Comments: 448,370
✔️ Ideas selected for Editors' Picks: 8,686
🤑 Editors' Picks Rewards paid (value): $46,200
🏆 And now — the winners!
Drumroll please… 🥁
🚀 Most Boosted Idea
The trading community couldn’t get enough of these. The most rocket-fueled, fire-starting ideas of 2024 that had traders hitting "Boost" without hesitation.
XAUUSD:29/2 Today’s Analysis and Strategy by @ActuaryJ
Liquidity as the Key to understanding the Market by @glazirovaniysirok
BTC Market Cycle | Repetitive and Predictable Market Cycle by @TeeBusa
🎬 Most Boosted Video Idea
When a single idea is so compelling, traders practically demand to see it in motion. These video ideas topped the charts and had everyone pressing play.
XAUUSD | GOLDSPOT | New perspective | follow-up details by @darcsherry
A Trading Plan Is Important For Success - Here Is Mine by @fxtraderanthony
USDJPY - beginning stages of a drop! by @Taneesha
📊 Most Boosted Educators
The true market whisperers. These educators turned complex charts into lightbulb moments, proving that great teaching is just as valuable as a great trade.
Don't Get Duped by the RSI by @ParabolicP
Powerful Fibonacci Trading Strategy For Beginners by @VasilyTrader
The Ultimate Guide on Elliott Waves in Crypto Trading by @Skyrexio
💬 Most Commented Ideas
Some ideas spark interest. Others start full-on debates. These top three had traders talking, arguing, and dissecting every detail throughout the year.
🅱️ Final Warning: A 50% Capitulation Drop Will Lead To 30K by @MasterAnanda
Bitcoin: How a Great Idea Became a Speculative Mania. by @holeyprofit
BITCOIN POTENTIAL EUROTLX:4K Target On Potential Major BEARISH FLAT by @noble1ones
🎥 Most Commented Video Ideas
A video idea so thought-provoking, the comment section became a trading battleground. These were the three that had traders weighing in with strong opinions and fresh insights.
SPY: What next? by @Steversteves
Why will Ethereum drop toward 2500 level by @ShinForex1
NVDA Video Update Correction vs Reversal by @RealMacro
💬 Most Commented Education Ideas
Knowledge is power, but discussion makes it unstoppable. These top three educational ideas sparked the most conversations, debates, and "aha!" moments in 2024.
DECEMBER ALTCOIN ANALYSIS REQUEST by @weslad
Predicting Bitcoin's Cycle Using the Elliott Wave Theory, Part 2 by @XForceGlobal
Bitcoin REALISM by @Mayfair_Ventures
🧠 Most Upvoted Minds Posts
Big-brain energy at its finest. These posts weren’t just read—they were respected, earning nods from the sharpest minds in the community.
AMD Mind Analysis by @FiboTrader1
Gold Mind Analysis by @Bullionbuzz
XAU/USD Mind Analysis by @Med_In_Trade
⚙️ Most Boosted Pine Scripts
A script so powerful, traders couldn’t help but hit boost. These top three stood out as game-changing tools that made trading smoother, faster, and smarter.
Machine Learning Adaptive SuperTrend by @AlgoAlpha
Linear Regression Oscillator by @ChartPrime
DTFX Algo Zones by @LuxAlgo
🌲 Most Commented Pine Scripts
The scripts that made devs and traders alike drop everything to talk about them. These three had the community dissecting every line of code.
Mxwll Price Action Suite by @MXWLL-Capital-Trading
Ichimoku Oscillator by @LonesomeTheBlue
Live Economic Calendar by toodegrees by @toodegrees
📚 Most Commented Pine Libraries
The libraries that had coders, quants, and strategy builders obsessed. These weren’t just resources; they were the foundation for countless new trading tools.
HTFCandlesLib by @Trendoscope
Order Block Drawing by @TFlab
ottlib by @ismailcarlik
Trading isn't a solo sport — the best ideas, tools, and insights come from a thriving community. These winners didn’t just post content — they shaped the conversation in 2024, sparking discussions, refining strategies, and making TradingView an even better place for traders of all levels.
To celebrate their contributions, each of the winners in every category will receive a one-year Premium plan for free. All selections are final and won’t be debated (gotta keep it fair and free from vote-stuffing shenanigans) Keep those great ideas coming! Prizes will be assigned before the end of February, so stay tuned. And who knows? Maybe next year, it’ll be your name on this list. 🚀
Is Alibaba still a BUY ?Now, from being ostracised by the Central government to being in the limelight after 3 years, we are now seeing Alibaba returning to stage once again and capturing the hearts of "love and hate" retail investors.
Those who had bought it around 200 price level back then would be relieved in some way to see the share price slowly inching back to their purchase price and their paper loss amount reducing. Hope this gives them a good night sleep.
There are many school of thoughts in investing and to say that one school is better than the others would be biased and self centred. There are factors like risk tolerance, time frame of investment, capital, knowledge of market, etc.
If you are in your mid 50s, would you want to risk say 10K to invest in this stock? Yes, if you believe in its growth story and you have a higher risk appetite and if the price falls back to 80 , you are OK and would not have sleepless night. It is too simplistic to say that people in this age category should invest in dividend stocks - a broad base of market categorisation.
However, if you are in your 20s but you are a thrifty little squirrel and have not heard of the stock market, fearful even to do paper trade, then it is wiser not to put even 1k in this growth stock. At less than 2% dividend, you are better off parking your funds in the government bonds.
So, to answer a straight YES or NO without considering the background of the investors would be putting the cart before the horse. Everybody situation is different and those who have bought are somewhat biased else they would not have bought it and those who think all China stocks are uninvestable would naturally stay away even this tech giant in China.
For me, I am riding on the rally and awaiting for it to pull back to 120-125 price level before accumulating. Please DYODD
BTC Bitcoin - Upside Likely THIS WEEK (Thanks Retail Liquidity)Here's a challenge for you:
How many places of built-up liquidity can you spot on this chart that indicated where price is heading to...?
Post your chart below.
Admittedly this isn't the easiest environment to trade in, but still the clues are there.
Plus: DXY Dollar is weak for now, so XXXUSD seem more likely to be Bullish.
Now we stalk it and wait to see the flip to the Upside (if it happens). The invalidation point is the clear last Wick low.
There could be more opportunities later to scale in.
------------------
Are you seeing price action here the same as I am?
If not, comment below and tell me if I'm missing something...
XRP The Greatest Deception & Delusion In Crypto History!I cannot believe how many have fallen for this deception. I cant believe how many are about to get scammed and rug pulled by Ripple. The amount of hype this thing has had over the years is simply amazing, just to keep it afloat so Ripple can sell their holdings to unwary, and naive investors. The number of influencers getting paydays because of clicks and subs by pumping this thing with their wild and wacky delusional predictions should be criminal. The amount of people being led to slaughter is going to absolutely be awful. This crypto is going to destroy so many investors wallets, hopes, and dreams. I cant believe this crap. Lets break this piece of turd down so a layman and children can understand because those are the only ones who would invest in something so worthless.
I know, I know but banks, banks, banks, banks! Yeah yeah yeah Garlic Bread shook Trumps hand I know I know. Lets get real here kids!
No banks are going to hold anything that is as volatile as this crap. The new stable coin RLUSD has officially made XRP useless. Why would any bank use something that can change in price within minutes over a stable USD pegged asset. They simply will not.
Also lets clarify some things here:
SANTANDER
Santander does not use XRP to power its One Pay FX service, which is a blockchain-based international money transfer service. Instead, Santander uses Ripple's xCurrent, a blockchain software that enables real-time tracking and settlement of payments
STANDARD CHARTERED BANK
You can't currently send money through Standard Chartered Bank using XRP tokens, but you can send and receive XRP using other services. Standard Chartered Bank works with a number of cryptocurrencies, including Bitcoin, Ether, XRP, and stablecoins. Standard Chartered offers a variety of services for digital assets, including custody, trading, and banking. NOT JUST XRP
BANK OF AMERICA
You can't currently send money through Bank of America using XRP, but you can send money using Bank of America's wire transfer service. Bank of America (BoA) has been exploring Ripple's blockchain technology and XRP, and may use XRP for payments in the future.
MARKET CAP OF XRP TOKEN VERSUS OTHERS
XRP MARKET CAP $144 BILLION
MONEYGRAM $1 BILLION
WESTERN UNION $3.66 BILLION
SANTANDER BANK $93 BILLION
STANDARD CHARTERED BANK $27 BILLION
PAYPAL $77 BILLION
JP MORGAN CHASE BIGGEST BANK IN WORLD! $785 BILLION
AMERICAN EXPRESS $218 BILLION
BANK OF AMERICA $353 BILLION
CITI GROUP $160 BILLION
So you're trying to tell me that XRP market cap of $144 billion isn't already overvalued like crazy! Its worth more than Moneygram, Santander, Western Union, Standered Chartered Bank, Paypal, and Citigroup. For what reason would it be actually worth that much right now when everything is mostly just hype and speculation and being duped. Even if every bank did use it they arent holding onto it. They are simply buying it and then selling it instantly and converting it to whatever fiat the exchange called for. Simpletons believing that XRP can actually be worth $100 or $500 each is so crazy and stupid its hard to believe no one can do math. This thing will be lucky to double top and let you get out. Its going to crash in an epic fashion because its value to worth is so far off its insane.
Some more facts!
All XRP was pre-issued at launch, unlike cryptocurrencies that use mining
The XRP creators gifted the company 80% of all XRP, keeping 20 billion units for themselves
80% OF XRP WENT TO THE COMPANY FOR CRYING OUT LOUD!
WILL BANKS USE XRP WITH IT BEING SO VOLATILE?
Banks might use XRP despite its volatility because it functions as a bridge currency, allowing them to quickly and efficiently settle cross-border transactions at a lower cost by converting currencies into XRP instead of relying on traditional fiat currency exchange processes, which can be significantly slower and more expensive; essentially, the price fluctuations of XRP become less relevant when used solely as a TEMPORARY intermediary in transactions. KEY WORD TEMPORARY. BUY, SEND, SELL! NO ONE IS INVESTING IT IT ITS MERELY A SETTLEMENT CURRENCY.
The Ripple network, where XRP operates, is designed to provide readily available liquidity for cross-border transactions, meaning banks don't need to hold large reserves of various currencies! Wake up people, and now that the stable coin is running on the Ripple RLUSD, there is NO USE FOR XRP THE TOKEN. XRP was simply a token to dump on clueless investors to keep the company Ripple going.
If you think that all these institutions want to invest in XRP and theres this huge demand for institutional buyers of XRP lets take a look at Grayscale the closest thing available to big investors on the stock market.
SOME GRAYSCALE HOLDINGS
XRP $14 MILLION
ZCASH $13 MILLION
HORIZEN $14 MILLION
XLM $41 MILLION
CHAINLINK $22 MILLION
BITCOIN CASH $134 MILLION
ETHEREUM CLASSIC $240 MILLION
LITECOIN $260 MILLION
XRP is on the same level as Horizen and ZCASH, one of their lowest holdings. This is a clear sign that no big money wants anything to do with XRP the token because if they did they would be investing through the trust. XRP the token was a scam from the get go to get the insiders rich and to pay for the development of Ripple the company. If and when Ripple the company goes public do you really think your precious XRP token will be worth anything. NO IT WONT. THEY WILL HAVE THEIR OWN DAMN TICKER THAT HAS NOTHING TO DO WITH XRP.
Oh and the ETF, No f'ing way that thing will ever get approved while the SEC is still going after it. Get real! Even so even if THE SLIGHTEST CHANCE it did it'll have as much demand as the XRP Grayscale trust, NONE IT'LL BE A DAMN DUD. No big money will touch this with a 1000 foot pole. Not with the company holding still almost 60% of the supply. Its a honeypot for the creators.
None of this is meant to be financial advice just my opinion. Dont lose your shirts.
$BTC bearish outlook: $2B selling pressure incomingI am bearish on CRYPTOCAP:BTC for the following reasons:
1️⃣ The $Bybit hack resulted in a loss of $1.4B worth of $ETH. To continue trading, Bybit is currently bridging liquidity with Binance. However, this is only a temporary solution. Eventually, they will need to buy back $1.4B in ETH, and the only reserve asset large enough to cover this is Bitcoin. I expect at least SEED_TVCODER77_ETHBTCDATA:1B of BTC to be sold on the market to acquire the necessary ETH.
2️⃣ The hackers are liquidating their $1.4B in stolen ETH. Since smart contract-based assets can be traced and frozen, their best option is to swap to CRYPTOCAP:BTC , which is harder to track and cannot be frozen.
In total, Bitcoin faces a potential selling pressure of over SEED_TVCODER77_ETHBTCDATA:2B , which is enough to significantly impact its price.
📉 Given that Bitcoin is already in a consolidation phase, this pressure could push the price down to $93K or even $91K.
📊 Expect dead cat bounces, where traders can profit, but be cautious—this selling pressure is real. Bybit needs to resolve its liquidity issues quickly, and the hackers are racing to cash out ASAP.
⚠️ DYOR (Do Your Own Research).
Options Trading with TradeStation: TradingView ShowIn this video, we're diving into options trading with David Russell, Head of Global Market Strategy at TradeStation, for a live stream exploring the latest updates to the platform, especially the enhanced integration with TradeStation for options trading. This update enables TradingView users to access equity options trading for the first time with a US brokerage, making it easier to trade directly from the TradingView platform.
Learn how to read an options chain, create an options order, and combine options trading with charts, research, and more. The new integration, combined with TradingView’s suite of educational tools like the strategy builder, chain sheet, and volatility analysis, helps traders see the options market in a new way, with crystal clear visualizations and data.
This live stream will highlight how users can link their TradeStation accounts to TradingView for seamless options trading and explore the opportunities that come with these updates.
This educational session is a great chance to learn about the latest tools and strategies that can elevate your trading success.
Got questions or eager to dive deeper? Drop them in the comments below—we’re here to help!
Thanks for tuning in, and get ready as we have many more groundbreaking tools for you. Stay tuned for what's next!
Are Trump’s Tariffs More Bark Than Bite? What Markets Are SayingThe heated tariff drama is reverberating across global markets with a different impact depending on the region and the asset itself. Some markets, previously considered highly sensitive to extra tax charges, are actually doing better than the dominant stocks on Wall Street. Or maybe that’s just the calm before the storm? Let’s find out.
🌏 Are Europe's Stocks Great Again?
European stocks are leaving Wall Street equities in the dust, contrary to investor expectations ( contrarians, hat tip to you ). Since Donald Trump officially stepped into the top job in American politics (and started the whole tariff narrative) the Europe-wide Stoxx 600 index SXXP has gained roughly 6% to date. Its US counterpart, the S&P 500 SPX is up about 2.5% over the same time span.
Europe’s start-of-year spectacle is so good it prompted Bank of America analysts to dig into the archives and realize this is the old continent’s best opening since the 1980s. That is, while European countries struggle to power up their economies and the European Central Bank is dropping interest rates fast .
The tech-heavy Nasdaq Composite IXIC has fallen out of favor and is languishing around with a 2.2% increase since Trump took office. Moreover, the elite club called the Magnificent Seven is barely getting by. With the exception of Meta META , which is up more than 20% this year, all the others are either underwater or head above the water.
By the looks of it, Trump is gradually rolling out his punishing tariffs but European investors don’t seem too scared. Earlier this week, the US President revealed his intentions to slap the auto industry with a hefty 25% tariff starting April 2. Drugs and chips got picked on, too, with levies in the same neighborhood.
The auto space in Europe is bound to feel the weight of that auto tariff decision. Currently, Europe’s car manufacturers are taxed with a 2.5% levy on their way to the US. In the other direction, however, the US is obligated to pay a 10% duty when it imports cars into Europe.
The proposed auto tariffs knocked Asia’s automaker stocks during the Asian session on Thursday. The Nikkei 225 index NI225 was trading almost 2% lower with the auto sector dragging the broad performance.
👀 What’s Happening Elsewhere?
Gold XAUUSD is apparently the biggest winner of the tariff threat. As long as it doesn’t get slapped with one. The yellow metal has skyrocketed to levels near $3,000 with a Thursday session high of $2,955 per ounce, breaking its record made earlier in the week . What a bonanza for gold bugs as their main asset is up 15% since mid-December with no corrections and no signs of slowdown.
The US dollar has been taking blow after blow, giving rival currencies some much-needed reprieve . The dollar index DXY , measuring the buck’s strength against six forex rivals, is down about 3% from its two-year peak in early January.
Bitcoin BTCUSD , the fire-breathing volatility dragon, has actually been pretty tamed up as Trump’s crypto working group has stayed mostly tight-lipped over the prospects of crypto-friendly legislation. Prices of the orange coin celebrated inauguration day with an all-time record but have slipped 11% since then to dive back under $100,000.
Against that backdrop, what are you loading up on? Are you stacking up some European shares and shunning their US peers? Or you’re after that OG token under $100,000? Let us know in the comment section!