Cryptocurrency & Financial

Markets News & Stats

29th Sept 2021.

Ultra bearish markets.

Prudent to wait.

Tomorrow end of QTR

& Month.


Today, I talk about the following:
1. USA Congress, 3 pieces of legislation that are risk events to the Markets
2. Govt deadline to vote to increase their debt ceiling from 28.4 trillion is now 18th Oct 2021.

3. Chinese Evergrande property developer DID NOT PAY $83.50m in coupons last week and has more to pay on the 29th / 30th Sept 2021. Plus funding from Chinese Bank

4. Equities markets are historically more vulnerable in Oct to the downside - look at Economic history...

5. YIELDS CURVE GOING MUCH HIGHER in yield - Steepners Interest & Corporate Funding curves.
6. Derivative positions on Equities, BTC, ETH, XRP & others

7. ETH & BTC futures buying and spot buying of puts

8. Fiat markets, Economics, the FED, Stagflation,10 yr USD bond yield rate, & Social media

9.VEchainTHOR, TEZOS,ROBINHOOD, COINBASE,fidelity, stone investments, BTT, PAXOS, BANK OF AMERICA, WAR, ISRAEL, SEC,FED KAPLAN,FED ,FUNFAIR, BOSIC,TAPER, POLYGON,MATIC, SHINU, ALPHA, BTC EFT, SAXO BANK, COINBASE,Bank of Oman Bank of America,Paxful,OKcoin, Musk,ENJ,JP Morgan,Polygon, Binance,HBAR, Cardano,Singapore,Bridge,Kusama,Bullish break out , bullish triangle, bearish,down 4 hour, 200 day moving average,Tezos , ADA, Civic, Wells Fargo, ENH,DOT,CHZ,Jpm morgan,FED, US debt limit, debt ceiling,Facebook, Chainlink,Ripple & FOMC

10. Technicals for Cryptos look very negative here - BEARISH

11. Sell Funding rates are extreme, Trading models, Volatilities, Liquidity on Exchanges, Stats and other

12. Emerging markets still look VERY vulnerable - short term rates higher

13. Keep an eye on interest rate yields -10 year bond rates GOING HIGHER - curves are steepening yields rising - US 10 year bond yield at 1.52% now

14. Equity markets divergence - advances are lower than declines - no breadth tells you major risks on the downside - also they have no bought puts for downside risks

15. Miners are being stopped in China has huge implications for ETH particularly

16. ETH is way overpriced and all the fund managers are long and wrong

17. ETH to underperform BTC

18. Equity markets can sell off much more than this and more

19. Some interest rates are still negative, could go positively & up in yield very quickly & more.

20. Crypto Fear and Greed index is at extreme fear at 24