Here's a study I just posted on TradingView and Twitter regarding the market rally on Thursday, and my targets for Bitcoin, Ethereum, Solana, and Pendle which I recommended as a buy on Wednesday before it shot up 25% Thursday. https://www.tradingview.com/chart/DOTUSD/HdoeeaAA-Bitcoin-and-Broad-Market-Breakout-BTC-ETH-SOL-PENDLE/

Here I review what happened this week, what's likely next for Bitcoin and when to buy the incoming dip before we head higher next week.

Here's my Friday Market Recap for May 9th 2025 (with some bonus new coin picks usually reserved for my M3 and Retire Rich trading groups!) Have a great weekend everyone, and get ready for this rally!

Here's a quick market update and what I'm expecting next in the markets over the next 7 days and into the Fall.

Summary: Navigating the Global Financial Chessboard—What China's Treasury Moves Mean for Crypto China’s Evolving US Treasury Position Recent data shows that China, after years of allowing its US Treasury holdings to gradually decline, has reversed course and increased its holdings—from about $760.8 billion in January 2025 to $784.3 billion in February 2025. This move runs counter to the dominant "de-dollarization" narrative, which suggested that China and other nations were steadily divesting from US government debt in favor of alternative assets like gold or cryptocurrencies. Why China’s Treasury Moves Matter - Strategic Balance: Despite ongoing trade tensions and tariffs between the US and China, both nations remain locked in a delicate financial equilibrium. While Beijing has at times threatened to use its Treasury holdings as leverage, outright selling would risk destabilizing the yuan and harming China's own financial interests. - Market Impact: Fears that China could "weaponize" its Treasury holdings by selling them off have periodically driven up US bond yields and mortgage rates. However, analysts generally agree that a sudden, large-scale sell-off is unlikely, as it would inflict losses on China’s remaining holdings and disrupt global markets. Implications for Crypto Investors - Liquidity Signals: China’s renewed buying of Treasuries suggests continued confidence in the US dollar system and may help maintain global liquidity. This could offset some tightening effects from the US Federal Reserve, impacting risk assets like cryptocurrencies. - Narrative vs. Reality: The actual increase in foreign Treasury holdings challenges the popular narrative that global powers are abandoning the dollar. Crypto investors should be wary of making decisions based solely on such narratives, as real-world data often tells a more nuanced story. - Correlation Risks: If global investors—China included—seek safety in Treasuries during periods of uncertainty, appetite for riskier assets like crypto could temporarily diminish.