Crypto Prices Rise as Trump Announces ‘At Least’ $2K Tariff Dividend Per American

💡 DMK Insight

The CD20 index’s rebound from a near 15% drawdown signals potential buying opportunities for traders. After a rough week, this recovery could indicate a shift in sentiment, especially if it holds above key support levels. Traders should watch for confirmation of this rally, ideally with increased volume, which could suggest that institutional players are stepping in. If the index can maintain momentum, it might pave the way for a broader market recovery, impacting related assets like Bitcoin and Ethereum. However, caution is warranted; if the index fails to sustain these gains, we could see another wave of selling pressure. Keep an eye on the 20% retracement level from the recent highs as a critical watchpoint for potential resistance.