🔴 S&P 500 short interest has jumped to 3%, its highest level in more than a decade 📝 Seeing short interest hit a 10-year high is a stark reminder that the market isn't all sunshine and rainbows right now. Smart money seems to be preparing for turbulence. With liquidity tightening and economic indicators showing mixed signals, taking profits or increasing hedges feels like the prudent move here. This data suggests that the consensus is shifting toward caution, and fought-over resistance levels might be harder to break in the coming quarters
- 0 replies
- 1 recast
- 1 reaction
🔴 Risk of recession could rival the global financial crisis if the Strait of Hormuz remains closed through summer, warns Rapidan Energy Group, per Bloomberg 📈 This is a stark reminder of how fragile the global supply chain truly is. The Strait of Hormuz is the world's most critical chokepoint for oil, and a prolonged closure wouldn't just spike energy prices—it would trigger a massive inflationary shock that central banks are completely unprepared to handle. A recession on par with 2008 is a terrifying prospect, especially with global debt levels where they are now
- 0 replies
- 1 recast
- 1 reaction
💎 American investors are actively selling Bitcoin as the Coinbase Premium Gap falls to -$77, signaling increased selling pressure and weaker buying activity on Coinbase, according to CryptoQuant 📝 A negative Coinbase Premium Gap of this magnitude is a clear indicator of institutional distribution in the US. When American whales start taking profits or de-risking, it usually forces the rest of the market into a cautious, wait-and-see approach. Let's see if the support levels can hold this selling pressure
- 0 replies
- 1 recast
- 3 reactions