$BTC is sitting near 80170 with the nearest liquidity stacked above at 80326 and support liquidity below at 79703. The setup still favors an upside push, so price can try to sweep 80326 first before any deeper pullback. If buyers keep control, a move through the top pocket can extend the squeeze. A clean break back below 79703 would weaken the bullish read and open the lower side.
$ETH is trading near 2302 with the nearest liquidity sitting above at 2307 and support below at 2288. The tape still points lower while price stays under 2307, with 2288 the first key level to watch and 2279 next if that breaks. A sweep through 2288 would likely drag price toward 2279, keeping the downside bias intact. If ETH reclaims 2307 cleanly, the bearish read loses force and the setup is invalidated.
$ETH $BNB Trump cannot ignore the market - and here’s why
The share of equities in U.S. household net worth has reached a record high. It is now above the peak of the dot-com bubble and even the extremes of past decades.
Why it matters: ▪️ The more households are tied to rising markets, the more painful any correction becomes. ▪️ A drop in stocks can quickly hit consumer spending. ▪️ And consumption accounts for 69% of U.S. GDP.
Trump cannot ignore the market - and here’s why
The share of equities in U.S. household net worth has reached a record high. It is now above the peak of the dot-com bubble and even the extremes of past decades.
Why it matters: ▪️ The more households are tied to rising markets, the more painful any correction becomes. ▪️ A drop in stocks can quickly hit consumer spending. ▪️ And consumption accounts for 69% of U.S. GDP.
If the “orange swan” does not plan to crash the fall elections, fall out with his own party, and leave the White House early via impeachment, he needs to keep the stock market afloat.
It is impossible to predict the actions of the 47th U.S. president, but it is clearly in his interest to end any bear trends before autumn.