the daily degen 🦍(10oct23)
handle.fi daily trooper update
todays markets
market news
📉dow closes nearly 200 points higher, as investors shake off rising oil prices from israel-hamas war.
🛢️oil price leaps and airline shares fall after hamas attack on israel.
💰huobi reclaims $8 million in stolen ethereum after offering bounty to hacker.
🏦FRAX taps treasury yields with new staking vault meant to tap the corresponding hike in treasury yields.
⛱️brazilian securities regulator plans sandbox for tokenization in 2024.
crypto fear and greed index
trooperNotes: commodity prices during war📚
given the onset of conflict in the Middle East, it might be prudent to brief troopers on the typical reactions of commodity prices during such events.
during times of war or geopolitical tensions, certain commodity prices can experience significant fluctuations. historically, oil and energy prices often see an upward surge due to potential supply disruptions, especially if conflict zones are near major oil-producing regions or transit routes. precious metals, such as gold and silver, tend to increase in value as investors seek safe-haven assets to hedge against uncertainties and protect their wealth. conversely, demand-driven commodities may face price drops if war depresses global economic activity. it's worth noting that the exact impact on commodity prices depends on the nature, location, and duration of the conflict, as well as global economic conditions and other concurrent events.
around the X-verse… (formerly the twitterverse)
how da heck we trading this ? 🤨…
the spark we need..? 🔥…
timing is everything ⌚…
trade ideas
trade: long ETH/ USD
for the past two months, ETH has consistently oscillated between approximately ~1,580 and ~1,750.
while there have been brief forays below this range, such dips have been swiftly countered by strong buying momentum. currently, ETH is hovering around its support level at ~1,580, having recently touched a monthly low of approximately ~1,545. if this support level holds, it may present a potentially favorable opportunity to buy ETH with an aim to target its upper range close to ~1,750.
#NFA #DYOR
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