JimmyTurner
06-04

This is great for disciplined traders. It's dangerous for gamblers. Bullish for retail participation. Bearish for anyone who thought the PDT rule was the reason they weren't making money.

The biggest winners will be traders with accounts between $2K and $20K who were already using cash accounts, futures, or offshore brokers to get around PDT. Now they can trade U.S. equities more freely.

The translation: more liquidity, more squeezes, more volatility, more blown-up accounts. That's the reality.

BTC.X $SPDR S&P 500 ETF Trust(SPY)$  $iShares Russell 2000 ETF(IWM)$  $Invesco QQQ(QQQ)$  $Broadcom(AVGO)$ 

Bitcoin Breaks Below $62,000 Again: Will it Hold $60K?
Bitcoin has fallen back below $62,000, as spot Bitcoin ETF outflows persist. Trump's hardline pressure on Iran put pressure on it. The move is part of a broader synchronized deleveraging across global risk assets, mirroring the Korean equity selloff and U.S. chip retreat. While bears including Peter Schiff warn of deeper losses, some analysts view current levels as a solid accumulation zone with a rebound target of $74,000. At peak risk-off sentiment, will you buy the panic — or wait for the dust to settle?
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