Lucaa

$BTC just broke above the main resistance level we've been highlighting for the past weeks.
Here's what that means going forward, covered in my latest Daily Market Breakdown:

Read my latest interpretation on Iran rejecting the ceasefire proposal and how it will impact $OIL and the broader markets moving forward:

Hyperscalers like Microsoft, Google, and Amazon need:
Power + Water + Land
And for that, they rely on public systems:
Grids
Water networks
Permitting
When demand scales too fast:
→ expansion is often publicly managed or funded
→ communities absorb part of the risk and costs
It’s shared infrastructure and you're paying for it.
Read my full analysis below:

The market has largely moved on from geopolitics.
Oil is coming down, credit remains stable, and equities continue to push higher.
That doesn’t mean the risk is gone.
Right now, the bigger risk isn’t escalation, but complacency while the system is still somewhat fragile.

We generally tend to see the most disbelief, anxiety, and fear around a potential continuation of the prior high-timeframe downtrend during Wave 2.
Wave 2 is designed to draw in as much upside liquidity as possible, making bears double down before fueling the next leg higher.

The Daily News Breakdown is out!
Read it here:

Wave 2 is not where you want to be bearish.

All of my significant gains came from holding spot positions over the long term, with a clear plan.
Not from leverage.
Not from trading.

$TSLA and $UNH reporting later this week.
Will be the most important earnings to track.

$BABA has an amazing setup right now.
Extremely undervalued on the high-timeframes.

Most traders confuse activity with progress.
They think moving money around proves they're winning.
Wrong.
The best trade you make today might be the one you don't take.
Let the setups come to you. Don't force them.

A more cautious tone is starting to show.
Gulf markets opened softer, even with headlines suggesting some progress between the U.S. and Iran, which tells you investors aren’t fully buying into a clean resolution.
The initial ceasefire optimism is fading, and the focus is shifting back to what actually matters, the Strait of Hormuz. With Iran tightening control again, the risk to energy flows is still very real, and regional markets are reflecting that.
Saudi equities and Qatar both went slightly lower, nothing dramatic, but enough to show that local investors aren’t pricing in full de-escal

A quick reminder that screenshots with low-volume futures opening have no significance.