Bitcoin  & Macro Market Analysis - May 5th

The next item is S&P500 Daily Chart.

The candle bar made bull breakout against the green long-term bull trend line and stopped at the white short-term bear trend line.

I am a bit surprised with this short recovery on S&P. Stronger than I expected.

Especially, If the candle bar can make bull breakout against the white bear trend line, the bull momentum on S&P and #Web3 will get reinforced.

For more detail:

Bitcoin  & Macro Market Analysis - May 5th

The next item is S&P500 Daily Chart.

The candle bar made bull breakout against the green long-term bull trend line and stopped at the white short-term bear trend line.

I am a bit surprised with this short recovery on S&P. Stronger than I expected.

Especially, If the candle bar can make bull breakout against the white bear trend line, the bull momentum on S&P and #Web3 will get reinforced.

For more detail:
https://orblabs.ventures/108651/