Bitcoin Pushing Higher
Bitcoin continues marching upwards, now testing all-time highs after support held near $20,500. With Trump speaking positively on Bitcoin in Texas, further momentum may continue.
Meanwhile, Ethereum significantly lags its all-time high despite Bitcoin's charge upwards.
Currencies: Eyes on BOJ and Pound
The US Dollar Index traded sideways last week, hovering near the 104 support zone. The Japanese Yen plunged again, promptly meeting Bank of Japan intervention. Now at key support, the Yen may bounce or break down further.
The British Pound pulls back to former breakout territory, presenting a potential long setup if support holds.
Metals and Sectors
Gold chops sideways in its range while Silver shows more weakness, breaking key levels in a potential bull trap.
In stocks, rotation persists with retail and financials strong while big tech falters. One sector standing out is solar, which may gain on clean energy sentiment and earnings.