Monday, January 19, the beginning...
Well, as always, the most unpredictable president has once again influenced the market. The latest statements by Donald Dump clearly do not contribute to the growth of either the economy or the financial markets as a whole.
As I wrote earlier, unfortunately, the president's entourage related to the crypto market does not seem to know how to profit from the rise. I wouldn't be surprised if information comes up later that someone opened short positions just minutes before Trump's speech.
At the moment, the picture remains uncertain:
either the market will attempt to recover,
or — which at this moment seems more likely — we will see a continuation of the downturn.
Now the key factor becomes the "counterbalancing" news — reports and macroeconomic indicators from the USA. With strong and positive data, the scenario can change quickly.
For now, I continue to monitor the development of the situation... but the market increasingly begins to resemble December's 😕
To everyone trading — a cool head, strict risk control, and only profitable trades 😉
And, as always — DYOR.
