The market isn’t in a collapse phase, despite what many people think as they remember last year’s events.
Stocks hit new highs and then cooled off. Oil is back above 100, the dollar is strong, and yields are high, while crypto is correcting even more sharply.
$BTC is currently below 84K.
But in my opinion, this is bigger than the movement of a single coin.
Liquidity is shifting between sectors and assets, and the market is trying to decide where the risk is worth taking at this stage.
The correction is completely normal, and this is another test of support before a stronger rally—God knows best.
DYOR
Stocks hit new highs and then cooled off. Oil is back above 100, the dollar is strong, and yields are high, while crypto is correcting even more sharply.
$BTC is currently below 84K.
But in my opinion, this is bigger than the movement of a single coin.
Liquidity is shifting between sectors and assets, and the market is trying to decide where the risk is worth taking at this stage.
The correction is completely normal, and this is another test of support before a stronger rally—God knows best.
DYOR