Recap of what’s happening in the market 

Market panicking over unemployment rate and possible recession… market makers using this panic to rug the market

Unemployment Rate at 4.3% instead of 4.1% and the market is panicking

• VIX (Volatility Index) is up 45% in just one day... currently at 27

• $2.9 TRILLION wiped out from stocks today. THE WORST DAY SINCE 2020 COVID CRASH

• JP Morgan sees (2) 50bsp rate cuts in September and November. 

• Goldman Sachs sees (3) 25bsp rate cuts in September, November and December. 

We see biggest crash since Covid, and crypto it’s holding relatively good because all our bags are almost at 0 anyways…