White House Peace Talks Fit Spark Crypto Market Rally
President Trump dey host Ukrainian President Volodymyr Zelenskyy and top European leaders for White House for important peace talk wey dem wan end the Russia-Ukraine war. Market people see this summit fit make crypto market move. For the past 24 hours, the sector don record $447 million wey dem liquidate from long positions. At the same time, Ethereum shorts don reach record high, e fit cause short squeeze and sharp rebound. If dem fit do ceasefire well, e fit make economy stable and make crypto market go upward. But if e fail, war fit continue, inflation pressure go high, and crypto go still get more corrections. Traders suppose watch big events wey dey come like FOMC minutes, US unemployment claims, and Fed Chair Jerome Powell talk for Jackson Hole. These things fit make digital assets get new wahala (volatility).
Bullish
Di koko categorize na dey bullish becos White House peace talks fit solve di Russia-Ukraine wahala, reduce geopolitical risk and ginger economic stability. For history, big de-escalation tins don support crypto rallies, like wey happen afta di 2021 USA-China trade talks. Di current liquidation of $447 million long position and record Ethereum shorts show say short squeeze fit happen, wey fit make sharp upside in di short term. Long term, last long ceasefire fit encourage institutional inflows by reducing macro uncertainty. But traders suppose remain sharp to volatility wey fit come from Fed policy and economic data. Overall, if peace happen, di summit result fit drive long lasting rally for crypto market.