#MarketPullback

Market Pulse: What’s Going On?

Bitcoin has pulled back ~2–3% today, hovering around ~$104k after touching near $106k–$107k resistance

The overall crypto market cap has dipped ~4–6%, with 98 of top 100 coins in the red, shifting sentiment toward fear

Ethereum has retreated ~8%, currently trading near $2,424. Sellers are active, but ETH ETF inflows remain steady

What’s Fueling the Pullback?
Technical Overextension

BTC surged from sub-$90k to $112k through April–May — profit-taking at upper bands triggered a natural cooldown

Macro & Geopolitical Uncertainty

Profit-taking linked to trade tensions, US interest-rate worries, and geopolitical events (e.g., Israel–Iran conflict)

Smart-Money Rotation

Some on-chain metrics (MVRV Z‑Score, VDD) indicate institutional profit-taking, but long-term holders continue accumulating—suggesting bullish structural health

If BTC holds $103k–$104k, anticipate a bounce toward the $106k–$110k range.

Breaking below may extend the pullback to ~$100k.

ETH breaks under $2.4k? Then $2.3k zone is next key level.

Altcoins are consolidating after quick gains—watch for fresh entries once pullback completes

✅ Opportunities & Risks

Buy-the-dip? Already active among smart money. Historically, dips in bull cycles are well-supported — could be a decent entry point .

But hedging is wise: Futures data shows traders protecting positions below $100k on rising global uncertainty

#MarketPullback #USNationalDebt #Write2Earn