Forwarded from Cryptoding 30 days trading challenge
Cryptoding 30 days trading challenge
Doge 1st Target completed π₯
Another perfect trade β
US jobless claims fell to 218,000 in the week ending September 20, lower than the expected 235,000
π₯ UPDATE: $BTC ETFs saw $241M inflows after 2 days of outflows, while ETH funds lost $79M.
π₯3
π¨ WHY CRYPTO IS DUMPING THIS WEEK π¨
1οΈβ£ Options Expiry β $23B in BTC & ETH options expire tomorrow β max pain levels at BTC $110K & ETH $3.7K.
2οΈβ£ US Govt Shutdown Risk β 67% chance β triggers panic selling.
3οΈβ£ Strong US Data β Q2 GDP 3.8% (vs 3.3% expected) β fewer rate cuts in near term.
4οΈβ£ Too Much Leverage β Retail traders overexposed β mass liquidations.
π Whales are shaking out weak hands before the Q4 rally.
1οΈβ£ Options Expiry β $23B in BTC & ETH options expire tomorrow β max pain levels at BTC $110K & ETH $3.7K.
2οΈβ£ US Govt Shutdown Risk β 67% chance β triggers panic selling.
3οΈβ£ Strong US Data β Q2 GDP 3.8% (vs 3.3% expected) β fewer rate cuts in near term.
4οΈβ£ Too Much Leverage β Retail traders overexposed β mass liquidations.
π Whales are shaking out weak hands before the Q4 rally.
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JUST IN: πΊπΈ President Trump says interest rates are still too high due to Fed Chair Jerome Powell's "incompetence."
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Back to back win in stake.. Today's profit is $2352
https://playstake.io/landing/?offer=cding&c=cding
https://playstake.io/landing/?offer=cding&c=cding
π¨ UPDATE: A red week for US spot ETFs.
$BTC saw $897.6M in outflows, while $ETH lost $795.8M.
$BTC saw $897.6M in outflows, while $ETH lost $795.8M.