It's simple. If we break through the daily imbalance and hold above it, new ATHs are likely. If not, we can confidently expect a medium-term correction until the end of November or the first half of December. SPX500USDSPXSPXMES1!
SPYSPX It looks like bears are dominating the market today. If the current one-hour candle closes with a big wick on top, we can expect more sellers to become interested in short-term selling. Before going short, we need to observe how the market reacts at 594 levels; if buyers become heavy in that area, we need to wait until sellers absorb all the buyers near that zone. For upside, I see low chances of SPY crossing 596.50 based on how it reacted when it touched 596 level today. Let's wait for the SPY to give us confirmation before making any position.
XRPUSDT Galaxy CEO Michael Novogratz said in an interview with CNBC that almost all members of the cabinet of US President-elect Trump hold Bitcoin and are staunch supporters of digital assets. These members support innovation, digital assets and Bitcoin itself, and he would not be surprised if the price of cryptocurrency rises further
BTCUSDT The trading volume of MSTZ (reverse 2x short MSTR ETF) on November 21st soared, with a single-day trading volume approaching $1.53 billion, because the well-known short-selling institution Citron Research announced the opening of MSTR short positions for hedging, saying that MSTR's trading volume has completely deviated from BTC's fundamentals.
BTCUSDT Kevin Khang of Vanguard Group warned that inflation could be triggered during Trump's term, partly because of tariffs and partly because the deportation of immigrants would lead to a tight labor market and more cautious forecasts of economic growth. Goldman Sachs expects the S&P 500 to rise 10% next year.