Has everyone in hand taken profits in batches?
Bitcoin has broken through the new high of 110,000, and ETH has risen back to 2734. Every new high tends to see a significant pullback.
Moreover, Trump has posted a suggestion to impose a 50% tariff on the EU.
The entire crypto market is waiting for a black swan event, and it came so suddenly. Everyone was anticipating ETH to break new highs, but now both Bitcoin and ETH have been brought back down to earth.
The entire crypto market has started to fall into gloom again. The US stock market will be closed on Monday, and there may be significant volatility in the market then.
