XRP / USDC on Sui (0x69033b011ba61bdd407f1eff58efbd6f969a8a5afa427b41faf5d20a8db61ce7) in USD forum
Oh well, I hope he's not being too hard on himself.
Without getting too uptight about it I'll just say that I think we will head back down for a bit. I'm hoping to see one more of XRP's famously long hammer/wicks so I can grab some buys but if not.... I'll just do some sells instead.
Here’s a look at the probabilities for the week ahead based on historical data:
📉 Monday, May 5 – 42.9% chance of climbing → Not a strong start.
📉 Tuesday, May 6 – 42.9% chance of climbing → Same as Monday, still weak.
📈 Wednesday, May 7 – 61.9% chance of climbing → This looks bullish. Could see a dip early in the week followed by a bounce.
⚖️ Thursday, May 8 – 52.4% chance of climbing → More of a coin toss.
📉 Friday, May 9 – 47.6% chance of climbing → Slightly below average odds.
We’re entering the time of year where trading volume starts to fade. In recent years, Memorial Day weekend has marked the unofficial start of summer, and shortly after, Wall Street tends to slow down — unless a major catalyst shakes things up.
This quiet stretch is often called “the doldrums” — marked by weak volume and dull price action. For traders trying to sell, it can mean thin liquidity and difficulty getting good exits.
That’s also why many summer rallies are short-lived and often followed by pullbacks or corrections.
Stay sharp ⚠️ and manage risk carefully as we move into the summer slowdown.
Will risk assets like Bitcoin
I just sat down at the poker table! ♥️ ♣️ ♦️
Wish me luck! 🍀