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Craig's Biggest Trade This Week Is Staying in Cash
Description
Craig starts the week largely in cash after last week's CPI and PPI volatility produced a massive Bitcoin whipsaw capable of stopping out traders on both sides of the market. Bitcoin remains consolidated roughly between $76,000 and $82,000, while the total market cap is similarly directionless. With no clean trend or compelling structure, Craig sees no reason to force a trade simply for the sake of having a position.
The bigger concern is event risk, with the CLARITY Act procedural vote followed closely by the FOMC rate decision and accompanying Fed language. Craig explains why he avoids holding short-term trades through major binary events and distinguishes probability-based trading from gambling on an unpredictable announcement. Even if a strong setup appears before those events, he would not want to carry it into the volatility. For now, his most important trade is patience.
Happy HODLing
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