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The crypto market is making some intraday pullback due to the stock market slowdown, as Trump recommended a 50% tariff on the EU last week. However, he quickly changed the glance and turned the tables over the weekend, and after a ‘very nice call’ with EU chief, he delayed tariffs till July 9. So, we can now see stabilization and recovery on stocks and Cryptos, but we are not sure if the correction is fully finished. Crypto TOTAL market cap chart can be trading in an intraday pullback within wave 4 that can retest the support around 3.2T area before a bullish continuation for wave 5, unless it alternatively extends the rally straight higher towards all-time highs within an extended wave 3. In case of deeper and higher degree corrective setback, then next support is around 3.0T area.

 Crypto TOTAL 4H Chart

The technology sector Nasdaq 100 made a corrective pullback in wave »iv« which nicely retested a projected support and trendline connected from the lows, so it can now send the price even higher for wave »v« that can be supportive for the Crypto market.

NASDAQ100 4H Chart

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