Crypto Is Exploding, But Market Breadth Says Be Careful

2026-08-21 / TG Watkins

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The Treasury’s bond buying is QE by another name, and crypto and commodities got the message this week. We caught the move in MSTR, Ethereum fired a squeeze with a Moxie price trigger, and FCX is breaking out to all-time highs. But under the surface, breadth is stalling, and with seasonal weakness and midterms ahead, I am watching whether this rally can keep swimming upstream.

If you missed Heather’s Swing Scalping webinar, the replay is up now. She walks through how she approaches swing setups on a shorter leash. It’s worth your time while this market decides what it wants to do: https://www.simplertrading.com/swing-replay

TG Watkins

TG was running his own trading education service known as Moxie Trader for a few years, then bumped into John Carter at the Traders Expo in Las Vegas. This is where his relationship with Simpler Trading began and now he is one of the talented traders on the team. He can be found at his brand website www.Profit-Pilot.com. There you can check out his newsletters, media appearances, info about the Moxie alert service, purchase the Moxie indicator and classes based on his trading method. Beginner traders and advanced traders have expressed just how clear and easily understandable the Moxie method is.