🔥 Markets on a Knife’s Edge Ahead of Powell’s Jackson Hole Speech

Bitcoin’s sharp drop from its all-time high to the $113,000 range highlights just how fragile sentiment is right now. The Fear & Greed Index has plunged, signaling global risk aversion. A break below the critical $108,000 support could push BTC toward $100,000 as on-chain data shows short-term holders selling at a loss.

However, it’s not all bearish. While BTC and ETH consolidate, #altcoins like Solana and Dogecoin are seeing inflows, hinting at healthy capital rotation rather than panic. A dovish surprise from Powell could spark a relief rally across crypto markets.

For now, all eyes are on Jackson Hole — and that $108,000 BTC level remains the key to what comes next.

@BitlayerLabs #Bitlayer @Lagrange Official $LA #lagrange #Notcoin @The Notcoin Official $NOT