Why Falling Today? Fed Panic Explained 🚨

US Crypto Index -8.34%!

Reason: Fed Chair Kevin Warsh hawkish speech = rates stay high = sell crypto

Data:
$BTC -3.40% to 77,383 (M-shape: 75,577 -> 81,440 -> 77,383)
$ETH -3.15% to 2,429
Small Caps -4.71% (-7.12% weekly)
Mid Caps -4.78% (-10.15% weekly) WORST HIT!


My View: This is why $TAO fell -3.64% to 236.15 today - small caps bleeding more than large.


But: BTC 77,701 still above 76,888 support + MACD green = bounce setup
TAO 236.15 above MA7 235.74 + MACD green = bottom

Panic = opportunity for bounces

My Strategy only - not financial advice. DYOR!

TAP $BTC $ETH TAOto trade the bounce!
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