📉 WHY IS THE MARKET DUMPING?
Bitcoin just dumped $1,500 in hours, alts -5% to -10%. Here’s what’s happening:
1️⃣ Nvidia Dump
🔹 China accuses Nvidia of violating anti-monopoly law.
🔹 Nvidia tanks in pre-market → Nasdaq futures dump.
🔹 Crypto follows Nasdaq down.
2️⃣ Leverage Flush
🔹 BTC open interest at ATH while price still -7% from ATH.
🔹 Whales flushed excess leverage → $2B wiped today.
🔹 A healthy reset before the next move.
3️⃣ Market De-Risking
🔹 FOMC decision in 2 days (25bps cut almost certain).
🔹 Powell’s hawkish tone + CPI near 3% spooks markets.
🔹 Derisking before bullish events = common play.
💡 My Thoughts
Markets don’t move in a straight line. Big money is loading at better entries before Q4.
👉 Best move? HODL & wait. 🚀
