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☕️ GM Munchers! Pip Munch here, helping you trade smarter, laugh harder, and not get rugged by the news.

On today’s menu:

• 📈 Markets Rip as US-China “Pause” the Trade War (For Now)

• ✅ Introducing The Funded Trader Index

• 🤑 Why Bitcoin Might Melt Faces (Again)

• 💥 Dollar Soars, Gold Faceplants — Here’s Why

• 🥳 Coinbase Joins The S&P500

Yesterday’s numbers:

BREAKING NEWS

📈 Markets Rip as US-China “Pause” the Trade War (For Now)

Yesterday was a classic “good news is good news” day. The US and China announced a preliminary trade deal and markets exploded higher like it was 2021 again.

What happened?

• After marathon talks in Switzerland, the US agreed to temporarily cut tariffs on Chinese goods from 145% down to 30%.

• China slashed tariffs on US imports from 125% to 10%.

• It’s a 90-day truce — not a full peace treaty — but enough to calm nerves.

Even Trump called it a “big positive surprise.” We agree, Don.

📊 How Markets Reacted

The indexes partied like 17-year-olds on prom night — and tech stocks led the conga line:

• Tesla: +7%

• Apple: +6%

• Nvidia: +5%

• Best Buy, Dell, Amazon: +6-8%

Treasury yields spiked. Oil popped. Recession fears hit snooze.

Long story short: risk-on is back (for now).

📝 What We’re Watching Next

At this point, we’re piling into risk assets at the Munch headquarters and we’ll need a really good reason to take any trades that go against the good vibes.

• The 90-day clock is ticking: No final deal yet

• China-sensitive sectors: Keep an eye on tech, autos, retail

• Fed pivot hopes: Less pressure to cut rates immediately, but it’s still in play

• Volatility spikes if talks stall — sentiment can turn fast, as we’ve seen

Markets loved the headline, but don’t get comfy. This is a truce, not a treaty.

As always, trade the sentiment, not your hopes. (Speaking from experience — my last “hope trade” cost me a weekend of silent treatment at home.)

PROP FIRMS

✅ Introducing The Funded Trader Index

Ever wondered what funded traders are actually making?
Or which pairs they’re smashing while you’re stuck in another EURUSD range?

Yeah, same. So we built this.

The Funded Trader Index
➡️ Real prop firm data
➡️ Updated daily
➡️ Straight from the front lines of funded accounts

Here’s today’s scoop:

• Win Rate: 54.54% (barely positive, but hey — still counts)

• Days to Pass: 17.5 (on average, for traders who made it yesterday)

• Hot Pair: XAU/USD (because who doesn’t love chaos?)

• Largest Pending Payout: $7,474 (someone’s about to flex hard)

• Top Trade: Buy XAU/USD, 5 lots, $9,145 profit in under an hour — not bad for a lunch break

Why it matters:
This isn’t some leaderboard flex.
It’s real-time alpha showing you what’s working, what’s hot, and how the pros are playing current conditions.

No more guessing. No more trading in the dark.

👀 Check it daily. Trade smarter. Get funded faster.
Or just keep tilting into EURUSD. Your call.

CRYPTO

📈 Why Bitcoin Might Melt Faces (Again)

Zerohedge just dropped one of the spiciest charts in trading right now: Bitcoin vs. Global M2 Liquidity — and it’s screaming “up only.”

Quick refresher:

• M2 = money supply (cash, checking, short-term deposits)

• More M2 = more liquidity sloshing around

• Bitcoin loves liquidity like I love buying tops

Historically, Bitcoin has tracked M2 with a 3-month lag. The chart shows it perfectly:

• When M2 goes up, Bitcoin soon follows.

• Right now? M2 is curling higher, and Bitcoin’s lagging behind.

• If this pattern holds, Bitcoin’s next leg could be nasty (in the good way).

🧐 Why Markets Care

• Rising liquidity = risk assets get a bid

• BTC acts as a leading indicator for risk-on sentiment

• Inflation, rate cuts, and liquidity injections are all part of the macro brew that moves BTC

This isn’t just crypto nerd hype — equities, commodities, even FX pairs react to liquidity flows. Bitcoin is just the fastest to show it.

📊 What We’re Watching At Munch Headquarters

• Bitcoin’s $103K breakout: Can it rip toward $120K+ as M2 keeps pushing up?

• Altcoins follow-through: Liquidity waves lift all boats (and meme coins).

• Risk-on sentiment: Watch tech stocks and growth names for confirmation.

• US CPI data this week: Any cooling inflation adds rocket fuel.

If you’re ignoring M2 while trading BTC, congrats — you’re the exit liquidity for those who aren’t.

Long story short? Money’s getting loose again, and Bitcoin’s not done.

Now go pretend you knew this correlation existed before Zerohedge tweeted it.

FOREX

💥 Dollar Soars, Gold Faceplants — Here’s Why

If you’ve been wondering why the Dollar ripped higher today while gold got sent to the shadow realm (-$90 to $3,233)… it’s all about vibes and flows.

What happened?
The U.S.-China trade deal got traders feeling spicy. With tariffs set to ease and recession fears cooling, risk appetite came back in a big way. That means less need for “safety” assets like gold, and more money chasing returns elsewhere.

At the same time, 10-year Treasury yields climbed to 4.471%, pulling in global capital to Dollar-denominated assets.

Translation: higher yields = stronger Dollar = gold loses friends.

Why markets care:

• Gold doesn’t pay you a yield. When bonds get juicier, gold gets dumped.

• Dollar strength and risk-on sentiment are a double-whammy for precious metals.

This wasn’t some random blip. The inverse correlation between gold and the Dollar is alive and well. Strong Dollar = weak gold. Simple math.

What traders should watch next:

• If risk sentiment stays high (thanks to trade deals and stabilizing markets), gold could stay under pressure.

• Any hiccup in negotiations? You’ll see gold snap back — fast.

• Eyes on today’s CPI print — that’ll be the next catalyst for yields, USD, and gold.

Today was a textbook “risk on, gold off” move.
Hopefully, you were on the right side.

🚀 Pre-Market Fuel

1. 🤔 Is this one of the best prop firm features currently?

2. 🥳 Coinbase joins the S&P500 and climbs over 10% in pre-market trading.

3. 🚀 Michael Saylor bought another $1.34 billion of Bitcoin.

4. 🍔 McDonald’s plans to hire 375,000 workers this summer.

5. 📉 The odds of a rate cut from the Fed seem to be dropping.

🍪 Munchy Memes

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