High-yield bonds, commonly known as junk bonds, have lower credit ratings than investment-grade bonds, which causes them to have higher interest rates. Due to their increased default risk, high-yield bonds reward investors with a larger yield than investment-grade bonds. High-yield debt is typically issued by start-up businesses or capital-intensive organizations with high debt ratios. However, some high-yield bonds are fallen angels, or bonds that lost their stellar credit ratings.
Today we take a look at the technicals for Bitcoin and Ethereum. The crypto market has been quiet for several months. On Friday we detected unusual dark pool activities (large block orders) in the Bitcoin Trust Fund and Ethereum Trust Fund, GBTC and ETHE respectively. When smart money know something, they place large orders in the dark pool exchanges, away from the public eye. By doing so, they are positioning themselves ahead of the crowds, in order to benefit from move that will follow, once the news or report is made public. However, dark pool activities do not tell us the direction of the next move. It only tell us that a large order(s) has been placed. Only a breakout (bullish) about a resistance level, or a breakdown (bearish) below a support level can confirm the direction of the next move. So, what can we expect next? Watch this video to find and to get the technical insights. Good trading! Trading Risk Disclaimer All the information shared is provided for educational