#BTCUSDT & #ETHUSDT 4H

#CME GAPS 🕯

UPDATE 🔔

➖➖➖➖➖➖➖➖➖

The recent bloodbath we saw in the #cryptomarket helped #CME to finally fully close its #BTC gap, left open since November 2024. 🤯

The recent gap on #ETHEREUM was also closed before the sharp rejections happening. ☄️

Now that all the gaps on the lower levels are closed, CAN we expect to close the gaps on higher levels? 🧐

📉 How is the market reacting to Trump’s second term?

The S&P 500 is down 9% since his return—the worst start to a presidency since 2009. Back then, a recession drove the drop. This time, uncertainty is in the driver’s seat.

A deep dive into the data:

📊 Historical S&P 500 data puts this in perspective
Despite major downturns, the index has consistently trended upward over time. Market dips are temporary, but the long-term trajectory remains positive.

🔴 Key downturns in history:
• Dot-Com Bubble (2000-2002): Tech stocks collapsed, triggering a prolonged decline.
• Great Financial Crisis (2007-2009): A severe crash, but recovery began in 2009.
• COVID-19 Crash (2020): A sharp drop, followed by a fast recovery.
• Post-2009 Boom: Fed policies, tech growth, and stimulus fueled a long bull run—until inflation and rate hikes hit in 2022.

📉 Bitcoin is closely tracking the S&P 500
Despite being called a safe-haven asset, Bitcoin is still trading like a risk asset, mirroring stock market declines. Even with Strategic Bitcoin Reserve (SBR) announcements, BTC remains under pressure.

🚨 The Strategic Crypto Reserve rally has faded
BTC, ETH, ADA, SOL, and XRP initially surged on the news—but have now fully retraced. The hype couldn’t sustain the momentum as market uncertainty weighs in.