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COINJAK
COINJAK
Market Recap: The market didn’t crash, it’s just capital finishing a final purge. Last night, many thought the bull run was over and everything was collapsing. But look closer. AI and chip stocks in the US market exploded together. The Nasdaq and S&P hit all-time highs. Global risk appetite never disappeared. Only crypto weakened in isolation. The truth is simple: capital isn’t fleeing risk assets. It’s being hyper-selective, aggressively cutting uncertainty. BTC dropped to a low of 78,721 but held the key zone, supported by steady ETF inflows and strong digital gold consensus. ETH, on the other hand, kept weakening in one direction. From 2,322 down to 2,236, selling pressure crushed buyers. No core positive news to spark a turnaround, so the downtrend continued naturally. SOL and most altcoins became the first to be reduced, their declines completely uncontrolled. Two core negatives are still pressuring the market. 1. US inflation data came in hotter than expected. The fantasy of the Fed cutting rates quickly and shifting to easing is gone. Prolonged high rates mean volatile assets get dumped first. The more volatile, the harder the fall. 2. Before major geopolitical events, markets only trade results, not speculation. All big capital outside the market is staying defensive. No blind large entries before variables appear. Inside the market, sentiment is chaotic, confidence shattered. Core trend view. Let me be clear: this is not the top of the bull run. It’s a thorough deleveraging of high leverage plus a forced cooldown of overheated sentiment. The bull market foundation is still solid. The crazy, broad rally phase is just completely over. Key defense zones. BTC: 78,000-78,500. As long as it doesn’t break down with heavy volume, the larger trend stays intact. ETH: 2,200-2,230. Holding this zone keeps reversal hope alive. If it breaks, sentiment collapses, and it’ll test the 2,000-2,100 area. Next trading principle. This is not the time to blindly guess.. #CPI+PPIDoubleBeat #CLARITYActVoteToday #MarketOverloadWeek

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