Morning Minute: Supreme Court Rules Against Trump Tariffs

💡 DMK Insight

Crypto markets are in turmoil following recent decisions, and here’s why that matters for your trading strategy. The volatility we’re seeing isn’t just noise; it’s a reflection of deeper market sentiment and uncertainty. Traders should be paying attention to how this price action correlates with broader economic indicators, especially as we approach key resistance and support levels. In the short term, expect continued fluctuations as traders react to news and sentiment shifts. If you’re day trading, keep an eye on the 24-hour price movements and volume spikes, as these can signal potential entry or exit points. For swing traders, the current environment may present opportunities to capitalize on retracements, but be cautious of false breakouts. Watch for any significant news that could act as a catalyst for a breakout or breakdown, particularly around major economic announcements or regulatory updates. The real story here is the potential for a cascading effect across related assets, especially if Bitcoin’s price continues to fluctuate wildly. Keep your charts handy and monitor key levels closely; the next few days could be pivotal for positioning.