The crypto "high-beta" reality check hit hard this week.📉
$BTC touched $74k & $ETH jumped 13% before geopolitical chaos flipped the script.
Hormuz ultimatum sent oil toward $120, sparking a massive risk-off move and $300M+ in liquidations.
Volatility is constant.⛓️⚓️

Web3 metrics are currently a passenger, not the driver. 📉
DeFi TVL is lagging price action: ETH (-6.7%) and SOL (-7.2%) fell only after the mid-week crash. Now, a +2.88% bounce follows the latest relief rally.
On-chain activity is reacting to price, not fueling it. ⛓️📊
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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