Strong move yesterday probably killed both long and short positions
Powell said yesterday that inflation is “well above” where the Fed would like to see it while describing policy as “significantly restrictive.”
BTC got sold decent volume at 38k while ETH jumped 12% to hit 2023 high at 2130. So Big caps are playing catch up ? mini alt season ?
Likely not much action with BTC toward the end of week, so I'll cover more details in the weekend newsletter