Matthew Dixon - Veteran Financial Trader

Most likely scenario re Rate cuts & Trump/Xi meeting?

Near term (say next 1-2 trading days) for major crypto like Bitcoin and top altcoins, expect a slight uptick or consolidation:
#Bitcoin may inch higher toward $BTC $115 to $118 k (if the trade meeting signals something positive and Fed hints are favourable).
Increased volatility: Likely swings ± 3-7% on #crypto across the board as traders position ahead of the events.
If the meeting delivers a clear positive surprise (tariff cuts, rare-earth/technology export easing), then there could be a stronger leg up — crypto could break higher.
Conversely, if the meeting is a “non-event” or Fed disappoints, then a sharp pullback is possible — maybe 5-10 %+ down in crypto until risk sentiment stabilises.

Take your pic and position accordingly OR keep your powder dry

#WIF is really interesting
We had hidden Bullish Divergence off the B wave and now we have Hidden Bearish Div
However if price moves above 0.619 that Bearish Divergence will be eliminated and the way opened for much higher to at least the 100% extension of the A wave $WIF 1.416 https://t.co/Y6V6OMkOhS

I am Bullish for a continuation higher in risk assets #BTC etc. I see here with #SPX that we may be approaching a long term pivot as Elliott waves at multiple cycle degrees are approaching confluence of termination points soon.
Do not bet against the uptrend but be cautious https://t.co/4ida38JW8n

Dont over position yourself but a major rally is highly likely to unfold to end the year on a bright note.
Trade carefully with sensible risk/reward (stops at key support in relation to take profit)
#Link is still looking very attractive imo and I still hold long positions https://t.co/b4Y4Xc0eKa

Looking out slightly longer term I favour an expanding 'Ending Diagonal' for #SOL wave 5.
This could for a double top at $SOL 295 but more likely will slightly exceed the previous ATH
I am comfortable for a long position at this stage with a stop-loss below the upward sloping support trend line

Despite some understandable disappointment in #JASMY performance to date, the future is looking brighter for now.
The chart shows a downtrend from early 2025, followed by what appears to be a long consolidation phase near the $JASMY $0.01 zone.
Price has retested the same support area ($0.008–$0.009) multiple times and is currently sitting just above it — this suggests a strong demand zone.
Each test of this area has been followed by short-term bounces, implying buyers are defending this level.

The 0% Fibonacci level ($0.008) aligns with the key structural support.
Multiple Fib retracements converge between $0.014–$0.018, marking the first resistance zone if price begins to recover.
The 0.382–0.618 retracement zone ($0.014–$0.018) will likely act as a mean-reversion area and strong profit taking could occur here.

RSI is around 44, near the neutral zone but trending slightly upward after dipping into oversold territory.
This suggests bearish momentum is waning, and a short-term reversal could be forming.
If RSI crosses 50 with strength, that would confirm a bullish shift in momentum.

Bullish Case is more likely if support holds.
If the $0.008–$0.009 level continues to hold, JASMY could base out and start a new upward leg.
Target zones:
First resistance: $0.013–$0.014
Next: $0.016–$0.018 (key Fib confluence)
Longer-term breakout target: $0.022+
Bearish Case if support fails:
A clean break below $0.008 could lead to another capitulation wave, potentially revisiting $0.0065–$0.007.
However, RSI and prior reactions suggest this is less likely near term unless Bitcoin sharply declines.

Market Impact of the U.S. Government Shutdown

Markets are showing clear signs of risk aversion as the shutdown drags into its third week.
Institutional investors are reducing exposure to volatile assets, including tech and crypto.
#Markets #RiskOff #Investing #Bonds #goldship

The shutdown has frozen or delayed federal payments, including contracts and grants, reducing liquidity in several business sectors.
This spillover effect is now being felt in interbank markets and digital asset liquidity pools, as large funds tighten risk limits.
Lower liquidity tends to magnify volatility, making crypto price swings more pronounced.
#LiquidityCrisis #CryptoVolatility #MarketLiquidity #RiskManagement

The U.S. dollar has strengthened against most major currencies as global investors seek safety.
A stronger dollar typically pressures Bitcoin and altcoins, which trade inversely as “alternative assets.”
Traders note that BTC and ETH have lost momentum each time the dollar index (DXY) spikes during shutdown headlines.
#USDollar #Bitcoin #Ethereum #CryptoMarket #DXY

ETF Approvals Delayed: The SEC remains partially inactive, so pending Solana, Ethereum, and altcoin ETF filings are effectively on hold.
Reduced Institutional Flows: Many crypto ETFs and funds are seeing net outflows as institutional desks scale back amid uncertainty.
Market Confidence Weakening: Traders interpret the stalled regulatory process as a temporary setback for broader crypto adoption.
#CryptoETF #Solana #Ethereum #CryptoRegulation #InstitutionalAdoption

Bitcoin (BTC): Consolidating near key support as leveraged long positions continue to unwind.
Ethereum (ETH): Slightly weaker as ETF enthusiasm cools.
Solana (SOL): Still strong structurally but short-term sentiment is risk-averse ahead of ETF updates.
Altcoins: Mixed performance — meme and AI coins hit harder than large caps.
Overall sentiment remains cautious to bearish until clarity returns on government operations and fiscal policy.
#BTC #ETH #SOL #Altcoins #CryptoSentiment #MarketUpdate

Economists warn that each additional week of shutdown could shave 0.1–0.2% off U.S. GDP, reducing corporate earnings forecasts and reinforcing the risk-off mood.
Unless a funding deal is reached soon, liquidity and confidence shocks could ripple into November trading — particularly across emerging and digital markets.
#USEconomy #FiscalPolicy #CryptoMarkets #Investors

#SOL also shows an impulse higher from the local low of $SOL 172
Once the c wave of the correction is complete we should move in impulsive fashion towards the 1.61 extension at least, possibly powered by the Interest rate decision or news on the Government shutdown/#ETF progress https://t.co/hIR5q3FZU9

Crypto Headlines

Crypto industry gatherings in London, Johannesburg, and Lugano this week are spotlighting Web3 adoption, AI integration, and Bitcoin infrastructure growth.
#Web3 #Bitcoin #CryptoEvents #BlockchainInnovation #CryptoNews

The Federal Reserve is reviewing a plan to let fintech and crypto companies access Fed payment rails directly, a move that could reshape how exchanges and stablecoin issuers interact with traditional banking.
#FederalReserve #CryptoRegulation #Fintech #Stablecoins #DigitalFinance

Coinbase has acquired the Echo crowdfunding platform for about $375 million and revived the UpOnly podcast with another $25 million investment, signaling a push into community-driven investing and token fundraising.
#Coinbase #CryptoAcquisition #Web3Community #TokenLaunch #CryptoInvesting

Following a sharp drop in Bitcoin and altcoin prices, traders are watching this week’s global crypto events for sentiment recovery and possible catalysts to restore momentum.
#CryptoMarket #Bitcoin #Altcoins #CryptoVolatility #MarketRecovery

Solana (SOL): Recovering modestly after heavy liquidations last week; traders eye $240 as short-term resistance.
https://t.co/uMQQFf51ph (FET): Down 4% amid continued ASI Alliance uncertainty.
Chainlink (LINK): Holding firm over $17 on strong oracle demand.
Dogecoin (DOGE): Slight dip after weekend profit-taking but remains range-bound.
#Solana #FetchAI #Chainlink #Dogecoin #Altcoins

Bearish Divergence on #Gold played out perfectly and likely signalled the top of wave 3.
Correction followed which is working out now in the form of a zigzag lower (5,3,5)
We should then see #XAU push higher again to yet another new ATH https://t.co/0qzg02HFgS