still come back to this - open interest seems high for a large move either direction
Fed decision could help today but i would be wary having big positions before mid-terms
just think this mkt is gonna be very rangebound until midterms
bulls/bears both very loud atm and it's like everyone expects something very crazy to happen...but quite clearly there are deep bids for risk not too far below where we are, and also quite clearly any meaningful rally in stocks/crypto is capped by midterms/anthropic ipo/quantum+ai resistance stuff
i think we just stay in a range for a while until midterms and i think we rally after midterms coz mkts just want some certainty
staying on CT for so long will make ur brain feel like there is a 20-30% move on the horizon every day for stocks/crypto when the reality is that is always a pretty low probability event
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