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TOTAL3 Just Flashed a Major Red Flag 🚨
Another key piece to watch is the GENIUS stablecoin bill, which could get signed during that same period.
This is important:
Smart money tends to price in big events before they happen. We saw the same thing with the BTC ETF. By the time the news dropped, the market had already topped short-term.
This does not mean the bill is bearish. Long term, it is great for crypto. But short term, it could easily turn into a "sell the news" exit point.
Also worth noting:
September is often a red month. So a full exit around that time could be a smart move to protect profits.
Watching this closely.