Let’s break it down in simple terms. The sudden market drop wasn’t random — there are a few key reasons behind this pullback:
🔹 Liquidity Hunt
The market often shakes out over-leveraged traders. Both long and short positions got liquidated, which caused major volatility.
🔹 Trump vs Elon Drama
A public clash between Trump and Elon Musk stirred up some fear. Elon made a few sharp comments that caught attention — and markets reacted negatively.
🔹 Jobs Data Concerns
Today at 8 PM UTC, the U.S. jobs data is set to release. Many analysts are already predicting weaker numbers compared to last month. The market seems to be pricing in that bad news early, especially around unemployment figures.
These are the main factors behind today’s dip. Stay sharp out there — volatility isn’t going anywhere.
