Last night, Coinbase's earnings report shocked the market, with stock prices dropping 8%, causing a market-wide collapse: Bitcoin plummeted to 115,000, Ethereum fell below 3,600, and 158,000 people faced liquidation totaling 730 million. Retail investors panic sold, and the net inflow of Bitcoin to exchanges reached a three-month high; however, whales are accumulating coins against the trend, and institutions quietly acquired 220 million Ethereum to stash in cold wallets.
Tonight, the U.S. PMI and consumer confidence data are critical; if weak, it could trigger a rebound. If you're looking to invest, compliant stablecoin payment targets like PYUSD and FOPAY, as well as PEPE, which has dropped to a double bottom, and Solana, which is waiting to upgrade its TPS, are worth keeping an eye on. Remember to buy in batches, don’t go all in, and keep some powder dry for extreme market conditions. A sharp drop isn't the end of the world; when big funds quietly enter the market, opportunities often hide within panic.
