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The Kobeissi Letter
The Kobeissi Letter|Apr 14, 2025 15:10
BREAKING: US financial conditions are now their tightest since the 2020 pandemic, per ZeroHedge. Financial conditions are even tighter than during one of the most rapid Fed hike cycles of all time, in 2022. Conditions have tightened rapidly as stocks have pulled back, while credit spreads have risen. To put it differently, the availability and cost of financing for economic activity have worsened. That suggests the economy may slow even further in the upcoming months. Is Fed intervention imminent?
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Timeline

May 14, 15:00【Bitcoin LTH supply rises and then falls again】
May 14, 14:00【US Asia Client Funds Shift to Gold, Bitcoin, and Cryptocurrency】
May 14, 13:34【Bitcoin performs strongly at 104K】
May 14, 08:24【BTC's short-term structure is bearish, and the bullish trend in the medium-term is still ongoing】
May 14, 08:07【Bitcoin is in a short-term volatile pattern】
May 14, 07:56【ETH has almost doubled from its low point】
May 14, 07:17【US spot Bitcoin ETF net outflow of 96 million】
May 14, 07:02【The overall financing rate is still good, but it is starting to slightly increase】
May 14, 02:55【US CPI annual rate of 2.3%, ETH rises by over 7%】
May 14, 00:53【US 10-year yield returns to April high】

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