Big week ahead for crypto.
$BTC sitting at $83K. $82.36K is the 3-month level that matters. Break it and things get messy.
$ETH already lost $2,687. Next support is $2,620. Not looking great.
$SOL rejected from $124.64, now holding $117. $116 is the line in the sand.
But forget the charts for a second.
Macro is what's going to move this market. JOLTS data drops today. US Treasury yields just crossed 5.2%. That's a problem for risk assets.
Employment data, inflation prints, and a packed calendar ahead. Watch how yields react. That's the real alpha this week.
If yields keep climbing, crypto gets dumped. Simple as that.
$BTC sitting at $83K. $82.36K is the 3-month level that matters. Break it and things get messy.
$ETH already lost $2,687. Next support is $2,620. Not looking great.
$SOL rejected from $124.64, now holding $117. $116 is the line in the sand.
But forget the charts for a second.
Macro is what's going to move this market. JOLTS data drops today. US Treasury yields just crossed 5.2%. That's a problem for risk assets.
Employment data, inflation prints, and a packed calendar ahead. Watch how yields react. That's the real alpha this week.
If yields keep climbing, crypto gets dumped. Simple as that.