📈Ithaca Protocol Market Update

► Off the morning lows in futures already, but the rally has moved enough for now. Moody’s downgrade the culprit?? (this will be faded intraday)

► Biden’s health news, apart from the human element, directs attention towards the strong points of this administration’s positioning.

► Crypto’s $Trump embrace has been clearly counterproductive sentiment-wise since the $TRUMP launch; The Economist’s headline should act as the contrarian indicator of negative impact.

► Retail traders, after a masterclass in April, started selling single stocks (still buying ETFs) last week. AI stock sentiment is most important here; the main vol event is priced for NVDA earnings on May 28th.

► Let’s gear up for the $BTC Vegas pump.