Good morning, not much to really update but we made some new lows overnight on no new crazy headlines. I would honestly prefer boots on the ground this weekend unironically, just so that we reach the peak of the uncertainty but ofc peace talks/ceasefire is the priority.
BTC failed to breakout again when we tried to long last week and cut b/e (saved a lot of $$) and now looks like heading back to range lows at ~$60K. I’m still not rushing to position at all, not even shorting eventhough it all looks bad, rather just sit on my hands still. No trade the best trade here.
Equities opened red today and SPX looks like shit and next big key area I would look at it like another 4-5% lower at 6100’s. Equities now 8-10% off their highs whilst BTC has been in this shitty range for 2 months now which points to some relative strength vs equities, however we did front run it all and what not being down 50% off the highs.
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