Degen

Nasdaq down 6% two days in a row. Just under the 7% circuit breaker.

Big boys pulling out quietly?
Are they trying not to spook the herd?

Is the market still pricing in a “Trump might pull back” move?
If tariffs do go into effect, do we face a full-blown nosedive?

What’s your read, DEGENs?

brypto

Since everyone is probably nervous right now, here’s a note of optimism:

The market is digesting the macroeconomic implications of tariffs.

If you’re invested in ETH or BTC, you’re not worried about the direct impacts of tariffs but you’re probably worried about a broad recession.

But a recession isn’t going to suddenly hit today or even this month, if it ever happens. Deals will be made. Prices will rise for some goods. Eyes will be on the Fed meeting in May to see if they cut rates and shift to QE.

In the new world order, as investors seek immunity from tariffs, ETH and BTC are some of the assets best positioned to weather the geopolitical storm. Even fiat cash isn’t safe from devaluation.

There’s reason to be (cautiously) optimistic. May fortune our bags, Milady.

https://warpcast.com/toyboy.eth/0x14d7d6ad