Lucaa

We generally tend to see the most disbelief, anxiety, and fear around a potential continuation of the prior high-timeframe downtrend during Wave 2.
Wave 2 is designed to draw in as much upside liquidity as possible, making bears double down before fueling the next leg higher.

The Daily News Breakdown is out!
Read it here:

Wave 2 is not where you want to be bearish.

All of my significant gains came from holding spot positions over the long term, with a clear plan.
Not from leverage.
Not from trading.

$TSLA and $UNH reporting later this week.
Will be the most important earnings to track.

$BABA has an amazing setup right now.
Extremely undervalued on the high-timeframes.

Most traders confuse activity with progress.
They think moving money around proves they're winning.
Wrong.
The best trade you make today might be the one you don't take.
Let the setups come to you. Don't force them.

A more cautious tone is starting to show.
Gulf markets opened softer, even with headlines suggesting some progress between the U.S. and Iran, which tells you investors aren’t fully buying into a clean resolution.
The initial ceasefire optimism is fading, and the focus is shifting back to what actually matters, the Strait of Hormuz. With Iran tightening control again, the risk to energy flows is still very real, and regional markets are reflecting that.
Saudi equities and Qatar both went slightly lower, nothing dramatic, but enough to show that local investors aren’t pricing in full de-escal

A quick reminder that screenshots with low-volume futures opening have no significance.

Gotta love the game when the whole macroeconomic and market environment can change from 1 tweet from 1 man.

Markets aren’t dropping because of headlines.
It’s because of positioning, too much leverage and too much open interest that piled in over the last couple of days.
But don't worry, funding is turning negative again, meaning late-shorts are starting to pile in.

Market sentiment back at fear levels while we're still above $70k.
Interesting. 👀

My Macro Regime Breakdown is out, covering everything you need to know about the global macroeconomic environment, cross-correlations with China, and Europe and how that will affect the markets moving forward.
Check it out:

There are currently people calling this a liquidity grab before a continuation of the high-timeframe downtrend, and there are people calling this the start of a new bull market.
Which one do you think it is?

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