The 🇺🇸 PMI (Aug) dropped a bit.

in #pmi17 days ago

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Source: Investing.com

It's less than expected(Cons: Consensus). I guess, it's temporary. I think the uptrend still sustains.


Last night, the crypto market fell a bit. $STEEM is as well. But trading volume is lower than last few days. That's why I think it's a bear trap.


October is coming. I think the current bear market of altcoins won't last until the end of this year. I think it's time for bulls. The season for halving is coming. I'm encountering my turn.

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Great economic update! I agree that the lower volume during this dip strongly indicates a bear trap. Looking forward to seeing the market momentum pick up as we approach Q4. Thanks for sharing!"

El post indica que el volumen de trading de $STEEM está por debajo de los últimos días, lo que el mercado muestra como una posible fase de acumulación antes de un rebote. Sin embargo, el análisis on‑chain revela una caída de direcciones activas, lo que debilita la hipótesis de una trampa bajista. 🔍