14 June, 2024

Because it usually seems that a collapse can happen and you take it into account, but it always happens quite unexpectedly. The price is now in the danger zone. If BTC breaks through $64,600, the fall could be very deep. Now the last stronghold of the mid-correction is near.

According to the latest SEC comments, it has become clear that the ETH ETF will not be launched until the end of the summer.

The BTC ETF has started to see some pretty substantial outflows, (-226 million) yesterday.

Only TON is holding on.

By the way, I predicted a 50% correction in NOT, but the correction was only 40% and now there is a chance for further growth.

The Fed meeting ruined all plans and literally stunned not only me. It was kind of piggish, so many times they used cautious, dovish rhetoric with absolutely terrible reports. And now, when we see great inflation reports, Powell says that some Fed members didn't change their rate forecasts after the reports. Why is that? Even on Bloomberg there are already a bunch of jokes about this, along the lines of suitcases packed for a holiday and not even making it to the office.

I don't want to curse the Fed and sprinkle ashes on my head about what the market dynamics would have been if the Fed hadn't come out with such silly rhetoric.

What can we expect now? A technical rebound for now. I had an ace up my sleeve - the news that there will be an ETH ETF in three days' time, but now it is clear that the event is a long way off.

Lil Pump has a Solana tattoo on his forehead.

Binance-linked bank FlowDesk goes bankrupt.

Cardano founder Charles Hoskinson suggests that Ilon Musk owns around 20% of DogeCoin.

There should be a pause in the decline and some recovery this weekend.