S&P 500 rallies with strong Apple earnings and short covering. Bitcoin shows some volatility but historical volatility still at record lows. The market is caught between bear rally and larger unwind.
We are having trouble with two things:
Michael Gayed’s non-stop calling for Melt Up because the bond market has “stabilized” and ZeroHedge premium is talking about $5bn per day buy back
Normally we definitely think like you do and would rather stay on the sidelines = proceed with caution
But now there’s pressure to jump in if this is indeed the inflection point where it evolves into the next bull run for Crypto
Your thoughts on the above ??
Ty
We are having trouble with two things:
Michael Gayed’s non-stop calling for Melt Up because the bond market has “stabilized” and ZeroHedge premium is talking about $5bn per day buy back
Normally we definitely think like you do and would rather stay on the sidelines = proceed with caution
But now there’s pressure to jump in if this is indeed the inflection point where it evolves into the next bull run for Crypto
Your thoughts on the above ??
Ty