Some reasons for the market decline:
BTC's technicals are weak (weekly divergence and death cross, according to technical analysis it could drop to 70,000)
KOLs are all in meetings
SOL's doomsday vehicle has started
The two major projects WLFI and XPL are about to drain liquidity
Risks in the US semiconductor market are increasing
But I'm still bullish, it might be one last pump, just because too many people are shorting now, and the short-term CVD divergence is severe. Tonight's PCE is another opportunity for a big fluctuation. 🙏 I pray that 108,000 can hold.
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