S&P 500 Index
Short
Updated

SPX is overheated, a correction is necessary

376
📉 Market Update: No, It Has Nothing to Do with Trump
This move has nothing to do with Trump’s dramatic announcements. The reality is simple: the MACD on the daily chart is overheated, and a healthy correction is needed — likely down to the 5,520 level — before resuming the uptrend.

Now, does it surprise anyone that Trump acts like a PR agent for his investors? He always seems to drop “bad news” at the exact moment the charts call for a pullback. My guess? They're shorting right now.

🪙 Bitcoin Stalling
BTC is also losing momentum, and looks like it’s in need of a short-term correction as well. This suggests a week of consolidation ahead for the whole crypto market.

But let’s be clear:

🚀 The Bull Market Is Not Over
The weekly charts remain very bullish, and this trend could last another 4–6 months. The macro bullish structure for crypto remains intact.

However, in TradFi, there are cracks:
🔻 20-year bonds sold at 5.1% — a major recession red flag
💸 Tariffs are putting pressure on global trade
📉 The entire traditional market is starting to de-risk

🔮 What to Expect
  • Short-term correction to ~5,518 (first bottom target)
  • A possible rebound after healthy consolidation
  • A continued uptrend in crypto unless key support breaks
  • I’ll publish a new update when conditions change.


📌 Follow me to stay ahead of the market. And as always: DYOR.

#CryptoMarket #Bitcoin #MACD #TechnicalAnalysis #CryptoCorrection #BullishTrend #RecessionWarning #TradFi #Altcoins #BTC #MarketUpdate #TrumpEffect #DYOR
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The correction has not really started yet. Just a rejection at 6000. MACD is still in the overbought zone and needs to correct, I still think that this idea is not invalidated yet.

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