Sorry, But It's About To Get WAY WORSE For Crypto!

Crypto Banter

Current Market Situation

The market is experiencing a brutal dump, with Bitcoin currently under $90,000. The CPI numbers are expected to come out on Wednesday, and if they exceed expectations, it could lead to further market panic.

Inflation and Interest Rates

The market is scared of inflation, and interest rates are expected to remain high. The 10-year Treasury yield is back at 4.8%, indicating a strong economy but also high inflation concerns.

Trump's Inauguration

Trump's inauguration is expected to bring some changes, but it's unlikely to be a surprise to the market. Trump has promised to pardon Ross Ulbricht, which could be a positive signal to the crypto community.

Portfolio Reset

The current market correction is an opportunity to reset portfolios and reassess investment strategies. It's essential to evaluate which tokens to take into the next part of the bull market and which ones to leave behind.

Tokens to Consider

Sui is one token that the speaker is considering taking into the next part of the bull market, due to its recent progress and partnerships, such as the global accelerator program with GAF Studios.

Trading Recommendations

For traders, it's recommended to avoid using leverage, especially with the CPI numbers coming out and the potential market volatility. Alternatively, using platforms like Bitfunded, which allows trading with other people's money, could be a safer option.

Key Takeaways

  • The market is experiencing a brutal dump, but it's an opportunity to reset portfolios and reassess investment strategies.
  • Inflation and interest rates are expected to remain high, but Trump's inauguration could bring some positive changes.
  • It's essential to evaluate which tokens to take into the next part of the bull market and which ones to leave behind.
  • Avoid using leverage, and consider using platforms like Bitfunded for safer trading options.