Your Crypto Guy ๐Ÿ‡ฎ๐Ÿ‡ณ
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This is a very rare phenomenon, U.S. stock market fell by 9% in a single day yesterday, marking one of the worst day in stock market history. Meanwhile, Bitcoin and altcoins havenโ€™t followed the traditional markets. For the first time, the crypto market is showing strength against the stock market. Letโ€™s see how the macro situation unfolds in the coming days.
Friendly reminder, please take care of your health. In this tough phase of the market most people are not able to think clearly right now. Keep your well being a priority. We are all going through a similar situation, letโ€™s stay strong and healthy.
Whales have been offloading ETH heavily over the last few days!
Are they panic selling, or do they know something ?
This chaos leads to two things:

1) China printing money (QE)
In March 2025, China parliament discussed plans to begin QE within this year, aiming to print $1 trillion this year. If the situation keeps getting worse, China will have to speed up its QE plans.
2) U.S. would have to cut rates quickly or start QE.
This was the time when China held an emergency meeting in the parliament last month.
China wonโ€™t bow down to the U.S ๐Ÿ‡บ๐Ÿ‡ธ and Trump continues hiking tariffs against China ๐Ÿ‡จ๐Ÿ‡ณ
Your Crypto Guy ๐Ÿ‡ฎ๐Ÿ‡ณ
https://x.com/gaurav15706/status/1909930784602849589
Some people are confused, this is not an emergency meeting. Itโ€™s FOMC minutes meeting, where we get more context on their policy decisions and how they view the current economic situation.
After 7 years, ETH is once again trading around its 2017 top peak.