Prior 99.3Full report hereThis is a minor setback but the index remains above its 52-year average of 98. This is not a market moving report and it certainly won’t be now that the focus is solely on the US-Iran war.NFIB Chief Economist Bill Dunkelberg said: “Although optimism declined slightly, small businesses report feeling more certain in February as they look toward the coming months. High sales and increased profits made February a more positive month for many owners, but competition from large businesses is putting stress on Main Street firms as they navigate the current economic climate. Labour quality and sales improved.”The NFIB Small Business Optimism Index is a monthly economic indicator that measures the “pulse” of small businesses in the United States. Published by the National Federation of Independent Business (NFIB) since 1973, it is considered a leading indicator of the health of the U.S. economy because small businesses account for roughly 50% of the nation’s private-sector workforce. Despite this, it’s not a market moving report because of its volatile nature and the fact that it mostly correlates with the ISM PMIs.
This article was written by Giuseppe Dellamotta at investinglive.com.
đź’ˇ DMK Insight
The current dip in optimism among small businesses isn’t just noise—it’s a signal for traders to watch closely. With ETH at $2,064.65 and SOL at $87.05, the focus on geopolitical tensions, particularly the US-Iran war, could lead to increased volatility in crypto markets. Traders should be aware that while the NFIB index remains above its 52-year average, any shifts in sentiment could impact risk appetite. If small business confidence continues to wane, we might see a flight to safety, affecting altcoins like SOL more than ETH. Keep an eye on the $2,000 support level for ETH and $85 for SOL; a breach could trigger further selling pressure. Conversely, if these levels hold, it could present a buying opportunity for swing traders looking to capitalize on potential rebounds. Watch for any news developments related to the US-Iran situation, as they could create sudden market reactions. Also, monitor the NFIB index for further declines, which might hint at broader economic concerns that could spill over into crypto markets.
đź“® Takeaway
Traders should monitor ETH’s support at $2,000 and SOL’s at $85, as geopolitical tensions could trigger volatility in the coming days.





