URGENT BITCOIN, TRUMP, MEME COINS, SOL, XRP - THIS CAN GET MORE INSANE
Jason Pizzino
Market Analysis
The markets are currently experiencing extreme volatility, with the launch of meme coins by Trump and his wife adding to the chaos.
- Trump's meme coin has seen a significant increase in value, from $1.50 to $36-$78 in a short period.
- The winner's curse phase of the market is characterized by everyone thinking they are a genius day trader, leading to peak times in the market.
- The game is not over yet, and the market could continue to be volatile.
Key Levels and Price Targets
- The key levels to watch are the confirmation and invalidation levels, as well as the shorter-term price targets.
- The market is still in a trading range, and it's essential to be prepared for either direction.
Traditional Markets
- The S&P 500, Nasdaq, and Dow Jones are all showing strength, with the Dow Jones breaking past its downtrend.
- However, the volume is dropping off, which could lead to a price fill.
- Europe is also showing strength, with new all-time highs in the UK, Germany, and France.
Cryptocurrency Markets
- Bitcoin is still in a trading range, with a strong half above $99,000-$100,000.
- The fear and greed sentiment is currently in the greed zone, but it's essential to be cautious of potential corrections.
- Other cryptocurrencies, such as Solana, Suey, and XRP, are also showing significant movement.
Inauguration and Market Volatility
- The inauguration of Trump is scheduled for less than 24 hours, and it's likely to bring significant volatility to the market.
- It's essential to be prepared for either direction and to keep an eye on the key levels and price targets.