
                                    <div>
                                      <h3>Market View</h3>
                                      <p>Bearish on BTC, short-term pullback likely</p>
                                      <h3>Trading Strategy</h3>
                                      <p>Watch if $68k can be reclaimed; otherwise, monitor Fibonacci retracement levels</p>
                                      <h3>Core Logic</h3>
                                      <p><ol>
    <li>
BTC showed weakness after the bounce, failed to break above $72K, price broke down again
    </li>
    <li>
unless $68k is reclaimed, focus on retracement levels in the short term
    </li>
</ol></p>
                                    </div>
                                    

$BTC Pretty weak showing overall after the initial bounce. Bulls failed to push higher past that $72K+ mark and instead saw price break down again.
Unless ~$68k is retaken, the fib retracement levels are the ones to watch in the short term.

Twitter

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Meme wanes, narratives cool: Solana's cyclical boom ends as it falls below $80.

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On Thursday, US stocks plunged, with the Nasdaq falling over 2%. Some traders sold precious metals to offset losses in the stock market, causing gold, silver, copper, platinum, and palladium to decline sharply. The US dollar index rose slightly.

Amid renewed concerns about whether massive investments in artificial intelligence can truly be implemented on a large scale, US tech stocks declined. Metal prices suddenly fell due to suspected algorithmic trading selling, forcing some investors to exit commodity positions, including metals, to obtain liquidity, while some funds turned to US Treasury bonds for safety.

Spot gold fell as much as 4.1%, and silver plummeted 11...

Gold fell more than 4% at one point, and silver plummeted 11%, as a sharp drop in US stocks triggered a sell-off in algorithmically traded precious metals.