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Why does it seem like Trump is never sleeping?
Trump is constantly making statements and posting.
His voice is everywhere.
Early in the morning in Asia, I saw Trump again saying he wants to impose heavy sanctions on Iran.
Unbelievable.
Yesterday, the US stock market staged another violent rebound.
After futures broke below the trendline during the white session, they have now recovered.
The monthly view of US stocks remains unchanged.
Still bearish.
On the daily chart, US stocks might test around the MA62.
Bitcoin and Ethereum are both sluggish again.
Not much correlation with US stocks.
When US stocks fell, they followed;
When US stocks rose, they only went up a little.
Currently, prices are fluctuating around the weekly MA5.
On the daily chart, Ethereum is okay; currently, the price is above MA62.
Bitcoin's moving averages look a bit weak, but it’s also near the bottom of the consolidation zone around 65,000.
If this divergence bottom pattern on the 1-hour chart for Bitcoin and Ethereum is valid, there’s still a chance for a rebound.