BTC, SPX

#BTC at the moment, it is better not to take short positions! Now the price has been traded at ~$28,789-~$26,561 and most likely there will be a surge into the price of ~$29,174, which is where the maximum liquidity has accumulated; taking short at current prices is very dangerous!

#SP500 is not trading today, we are moving to the nearest resistance zone ~3998, we are in a short figure, the scenario for the near future is visible on the chart. Forecast by points ~3910

Macrodata

Now a crisis is unfolding, the rate is rising and at the same time they are printing money, thereby the Fed wants to support the liquidity of banks. The recent collapse of Silicon Valley Bank, Signature Bank only confirms the aggravation of the liquidity situation and at the moment there is simply continued uncertainty in this matter.

There are also problems with business activity, many US citizens have lost their jobs, housing prices are rising, and new technologies are being introduced (for example, AI), this means job losses. Because of this, we are now seeing a recession in the US economy, and when there is an economic downturn, the entire stock market falls.

Conclusion

#Bitcoin trade short📉 when there is an entry point. On weekends, it is better not to open positions while the exchange is closed and not trading #SP500