This week brought significant movements across crypto and traditional markets, driven by macroeconomic shifts, tariffs and critical technical signals. Here’s a breakdown of the current landscape and key factors to watch going forward.

Here’s what we’ll cover today: 

Let’s dive in!

Global markets are navigating a period of heightened uncertainty, shaped by trade tensions, shifting government policies, and evolving economic trends. One of the most significant developments is the push for domestic manufacturing, particularly in industries like semiconductors, electric vehicles, and clean energy. However, this structural shift won’t necessarily be reflected in major stock indexes like the S&P 500 anytime soon.

The S&P 500 remains dominated by big tech giants like Apple, Microsoft, Nvidia, Google, Amazon, and Meta, whose massive market caps exert the most influence on index performance. In contrast, industrial and manufacturing firms, despite benefiting from government initiatives, generally have lower profit margins and slower growth, making them less impactful on overall market trends.

Complicating the landscape, the ongoing tariff war and broader economic uncertainty are adding pressure to global supply chains and corporate profitability. Rising tariffs on goods from key trading partners could lead to inflationary pressures, forcing central banks to reassess their monetary policies. Meanwhile, shifts in capital flows and employment trends may provide early signals of where economic momentum is building.

For investors, the key takeaway is that while government policies are reshaping certain sectors, traditional market indicators may not immediately reflect these changes. Instead, the impact will likely emerge in areas like wage growth, consumer spending, and broader macroeconomic trends over time. 

Bitcoin started the week strong on Monday, continuing Sunday’s momentum and pushing higher to $88,800 before facing rejection. Price consolidated below this level throughout the week until early this morning, when a sharp negative 4H candle brought us down to $84,900, where we are currently trading.