Dear Members,
Next week holds significant importance for financial markets, with several key economic and earnings events set to shape trends:
- Tuesday: Consumer Confidence Data
- Wednesday: The pivotal Fed Meeting, alongside GDP and ADP Employment reports
- Friday: Jobs Report
- Corporate Earnings: Market sentiment will be heavily influenced by AAPL, AMD, AMZN, META, and QCOM
We're sending this alert to highlight recent dynamic developments in cryptocurrency stocks and price behavior.
As outlined in our previous update, we maintain our bullish stance on crypto:
- Bitcoin will not fall below $110,778, and is poised to test $143,000–$151,000 ahead of the $100,000 threshold
- Ethereum continues to hold strong above $3,431
- Solana (SOLT) won’t remain below $183 for more than three days, OR in the worst case scenario, it may test $168.00 for a brief period, and then a strong rebound will take place toward a new high.
- XRP won’t remain below $3.00, so keep this in mind.
- The Crypto Airavath cycle remains firmly intact—any weakness should be viewed as a buying opportunity
A major astro-supportive cycle begins next Thursday, with momentum gaining further strength from 11 August. We anticipate only limited downside—no more than 4% for Bitcoin and 5% for Ethereum—even in a worst-case scenario.
Keep a close eye on next week’s earnings releases in our daily Flashnews and stock investment report.
Additional Market Views:
- The U.S. Dollar is set to rebound, irrespective of Fed rate action
- The 30-Year Bond is ready to push higher
- Metals are nearing a top—next week’s newsletter will provide precise levels for potential profit-booking
Markets are unfolding exactly as forecasted in our Fifth Astro Cycle, an extremely bullish trend that has already driven new all-time highs this week. Observe the astro resistance level: if markets close above it for three consecutive days, the next higher targets mentioned in our letters and book will come into play.
Medium-Term Top Picks: GLXY, BMNR, ANET, ALAB, CRDO, MSTR, COIN, BMNR, and TSSI.
Thanks & God Bless,
Mahendra Sharma