📉 Market Pullback Alert: Key Updates & What’s Next 📉
### 1️⃣ Bitcoin’s ($BTC ) Critical Juncture
- BTC dropped to $101.5K after failing to hold $106K support, with ETF outflows hitting $131.6M (Fidelity’s FBTC lost $167.7M) .
- Bearish signals: Inverse cup-and-handle pattern suggests risk of a plunge to $91K if $100K breaks. Peter Brandt warns of a potential 52% correction to $64K if BTC mirrors 2021’s cycle peak .
- Silver lining: BlackRock’s IBIT saw $81M inflows, hinting at institutional divergence.
### 2️⃣ Macro Risks: Trade Wars & Recession Fears
- Trump’s escalating tariffs could trigger a 20% stock market crash, per BlackRock CEO Larry Fink. Bitcoin may drop to $54K if risk-off sentiment deepens.
- Crypto as a hedge? BTC’s correlation with stocks dipped briefly but rebounded to 0.87 (1 = lockstep). Analysts debate its “safe haven” role amid gold’s outperformance.
### 3️⃣ Altcoins & Meme Coins Feel the Heat
- Ethereum and major alts slid alongside $BTC , with no altseason signal (index at 18 points) .
- Exception: $SNIBBU token surged 100%+ in hours after an influencer pump, but RSI hit 78 (overbought)—high-risk volatility ahead .
### 4️⃣ Liquidation Zones to Watch
- BTC support: $100.6K (short liquidation zone). Break below risks fall to $92K (long liquidations) .
- Resistance: $112K remains a stubborn ceiling. Bulls need a high-volume breakout to revive the $150K rally thesis .
### 5️⃣ What’s Next?
- Short-term: Choppy trading likely until $BTC reclaims $105K or breaks $100K.
- Long-term: Institutions remain bullish (targets up to $200K), but on-chain data shows whales are profit-taking.
🗣️ Your Move:
- Buy the dip? Or wait for deeper lows?
- Altcoin plays? Or stick with BTC?
Drop your strategy below! 👇
#Bitcoin #Crypto #StockMarket #Investing #ETF
(Sources: CoinDesk, Reuters, Bitget, The Economic Times)