Crypto acts like risk-assets meaning NDX SPX etc, more of the time
But since less buy & hold $, and more leverage, seems more susceptible to negative astro and also sometimes drops on events where stocks rally
Here Sun trine Neptune
Indexes bouncing, cryptos tanking
Other than above not quite sure why this is, but all we can do is track which planet driving up & driving down and then judge whether astro conditions change so the effect may change
Cryptos don't respond to water that well
And some Neptune events in the summer were crashes
This Sun trine Neptune was exactly why I said another low 12-Nov...
But kinda realized later more likely to hit cryptos than stocks
Image for indexes & cryptos
Weaker assets tend to get hit sooner and harder
Worst is into 10-Nov area, with some other low 12-Nov
Obv indexes have been flying and ETH still powering up
SPX in massive bull from covid low but weekly band overshoot of this size is rare
Combine with sentiment and longer term pivot resistance, astro this week not so nice
Some pause due, hence the STOP sign
But actually I'm thinking higher highs later in Nov or early Dec
I rec'd to watch safe havens last week (along with FXI short) because of a few things, and interesting to see VIX TLT GLD all making a move with stocks so strong
Think these will continue into coming week 10-Nov area