Economist and macro strategist Henrik Zeberg is forecasting that the S&P 500 index could go up by double-digit percentage points over the coming months.

In an interview on the WTFinance podcast, Zeberg says the markets are primed for an explosive rally over the short term.

“I think the blow-off top is still going and you see it in various markets around the world… actually [markets] have seen new all-time highs after everybody kind of dismissed that in April, we could see that. Now we are seeing it.”

According to the economist and macro strategist, the S&P 500 index could go up by around 13% from the current level.

“I still think that things will be moving on like what I’ve been expecting in terms of a 6,800 top in the S&P [500] as a minimum.”

As of Tuesday’s market close, the S&P 500 is trading at 6,025 points.

Although Zeberg forecasts rallies in the stock market, he cautions that a recession is likely to follow as the economy shows signs of gradual erosion.

“We’re getting closer and closer [to a recession]. There are more and more signs now that the deterioration is going through. It’s really in the housing market that is the worst in the US. And we’re starting to see some signs as well in the real economy and in the labor market as well.

So I think we will see that things slowly, as always, start to roll over.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

There is a setting called “minimum difficulty”.

When I read their manual, Item #8 state

The pool automatically assigns difficulty levels to correspond to minor hashrates.

my Scoring hashrate and Hashrate It matches what my mine manufacturer advertises: 13.5 th/s

And my default is also set to 128.

However, even reading the manual, you will see that you need to set the minimum difficulty level to 1024 at 1/s and increase linearly with the hashrate.

According to the table, my difficulty should be 13312, which is 13 times. This is much higher than the 128 pool.

Do I need to set the minimum difficulty level?

I tried to understand the minimum difficulty, but I couldn’t find a clear and simple explanation of what this number represents.

Lowest minimum trade scale makes flexible transactions more flexible

OTC clients can now trade from a minimum of $50,000, allowing them to expand access to deep liquidity without compromising execution quality. Even if you are considering optimizing capital deployments or running more accurately, this update gives you the flexibility to trade in a priority size.

OTC trading is available in chat for premium, personalized services, or Quote-for-Quote (RFQ) for instant automated trading.

Chat trading allows clients to securely connect with their trading desks to see assets, lot sizes and prices while benefiting from the start-to-run white glove service.

With RFQ you can receive a viable quote in seconds without having to trade. It accepts only the quotes you want to execute. Enjoy unlimited quotes and solve them quickly. Or choose a flexible settlement to trade now and settle later.

RFQ is available on the Kraken Pro, the Kraken Pro app and Kraken Custody.

Improved trade visibility for better reporting

It’s now easier to track, adjust and report OTC transactions. New trade history updates include:

• Clearer trade ratings: The new USD value column for OTC Trade Export makes it easy to track trades from simple crypto to crypto.
• Unified Trade History: OTC and PRO trade history has been integrated for improved visibility. Export OTC transactions from the Documents area in Pro Settings or from the OTC Portal Trade History.
• Strengthening fund tracking: The new “fund source” and “destination” views show how the funds were generated and where the revenues were sent; Internal forwarding, On-chain or Wire.

With Kraken OTC, you can access deep liquidity for tougher spreads on transactions over $50,000. Are you not a Kraken OTC client yet? Private clients can inquire here, and retailers can inquire here.

Bitcoin’s short-term price direction remains uncertain, as analysts and investors are divided on whether BTC will break into a new all-time high (ATH) or face selling pressure into lower prices. The price has been trapped in a narrow range for the past twelve days, holding above $94K and below the $100K mark, with neither bulls nor bears able to take full control of the market.

This period of sideways trading has created speculation about an imminent major move, as Bitcoin continues to consolidate within these key levels. CryptoQuant data reveals that at the current levels, the number of sellers willing to sell at a loss has dropped to a minimum, a signal that market participants are holding their BTC instead of panic-selling. Historically, such conditions indicate that price volatility is on the horizon, as supply remains tight while demand is expected to increase.

With sentiment split between a breakout or a deeper correction, traders closely watch the $100K resistance and the $94K support to determine the next big move. If BTC pushes above the $100K mark, a rally into price discovery could follow. However, a breakdown below $94K could trigger further selling pressure.

Bitcoin Metrics Suggest A Big Move Is Coming

Bitcoin’s price action has remained stagnant over the past two weeks, trading within a narrow range between $94K and $100K. However, a positive outlook suggests that BTC is gearing up for a massive move into new all-time highs (ATH). Analysts speculate that this recent consolidation phase is the calm before the storm, setting the stage for the next major breakout.

Despite short-term uncertainty, Bitcoin remains structurally bullish, holding above key support levels and maintaining its long-term uptrend. While investors are divided on whether BTC will break higher or face another correction, on-chain data hints at a tightening supply.

CryptoQuant analyst Axel Adler shared an analysis on X suggesting that at the current levels, the number of sellers willing to sell at a loss has dropped to a minimum. This indicates that holders are refusing to part with their BTC, signaling confidence in higher prices ahead. Adler adds that, at this stage, there’s nothing to do but wait for BTC’s next move—suggesting that a breakout or breakdown is imminent.

With market conditions tightening and volatility expected to return soon, this week will be crucial in determining Bitcoin’s short-term direction. If BTC pushes above $100K, a massive rally into price discovery could follow. However, if it breaks below $94K, further selling pressure may emerge.

BTC Consolidates Above Key Demand

Bitcoin is trading at $95,600, maintaining a sideways trend for nearly two weeks, fluctuating between $94K and $100K. This narrow range has led to uncertainty, as neither bulls nor bears have taken control of the price action.

The $95K level remains a critical support, serving as a key demand zone where buyers have consistently stepped in to prevent further downside. Holding above this level would signal strength and create an opportunity for BTC to test higher supply levels. However, bulls face a major challenge, as they must reclaim $98K and eventually push above $100K to confirm a breakout into new highs.

If BTC fails to break above resistance, the market could continue to experience choppy price action, delaying the next major move. A breakdown below $95K could result in a retest of lower demand zones, with potential downside toward $91K–$93K.

Traders are watching for a decisive move in either direction, as volatility is expected to return. The next few days will be crucial in determining whether BTC can regain bullish momentum or if a deeper correction is on the horizon.

Featured image from Dall-E, chart from TradingView