About: pumarketings
Recent Posts by pumarketings
Chart the Market (05/08/2025)
BTC, H4: Bitcoin (BTC) remains under pressure despite a short-term rebound, currently trading near $114,750 after recovering modestly from last week’s $111,950 low. Price action shows BTC remains locked below a descending trendline and is unable to break through the confluence resistance zone between $114,000 and $116,000 which is a region marked by the 50-SMAContinue Reading
Crypto Market Faces Broad Selloff Amid Weak U.S. Jobs Data, Risk-Off Shift
Key Takeaways: *Crypto markets declined after the U.S. added only 73,000 jobs, far below expectations, dragging total market cap down 4% since Friday. *Over $200 million in Bitcoin long positions were liquidated within 24 hours post-August 1, amplifying bearish momentum across digital assets. *Fresh U.S. tariffs—up to 41% on certain imports—intensified risk-off sentiment, pressuring bothContinue Reading
Yen Finds Support as Markets Eye BoJ Policy Normalization
Key Takeaways: *The yen rebounded as markets priced in a potential shift away from ultra-loose monetary policy, with September emerging as a possible turning point *A new bilateral trade deal eased short-term economic risks and bolstered the BoJ’s policy flexibility, offering near-term relief to the currency. *Upcoming meeting minutes could confirm a hawkish tilt; marketsContinue Reading
